Formula (FORTY) - Total Assets

Latest as of December 2025: ILA3.60 Billion ILA ≈ $9.66 Million USD

Based on the latest financial reports, Formula (FORTY) holds total assets worth ILA3.60 Billion ILA (≈ $9.66 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See FORTY net assets for net asset value and shareholders' equity analysis.

Formula - Total Assets Trend (1998–2025)

This chart illustrates how Formula's total assets have evolved over time, based on quarterly financial data.

Formula - Asset Composition Analysis

Current Asset Composition (December 2025)

Formula's total assets of ILA3.60 Billion consist of 60.1% current assets and 39.9% non-current assets.

Asset Category	Amount (ILA)	% of Total Assets
Cash & Equivalents	ILA0.00	35.5%
Accounts Receivable	ILA774.63 Million	21.5%
Inventory	ILA30.26 Million	0.8%
Property, Plant & Equipment	ILA0.00	0.0%
Intangible Assets	ILA0.00	0.0%
Goodwill	ILA0.00	0.0%

Asset Composition Trend (1998–2025)

This chart illustrates how Formula's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Formula stock valuation.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Formula's current assets represent 60.1% of total assets in 2025, a decrease from 74.0% in 1998.
Cash Position: Cash and equivalents constituted 35.5% of total assets in 2025, up from 33.7% in 1998.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 10.0% in 1998.
Asset Diversification: The largest asset category is accounts receivable at 21.5% of total assets.

Formula Competitors by Total Assets

Key competitors of Formula based on total assets are shown below.

Company	Country	Total Assets
NEXTDC Ltd AU:NXT	Australia	AU$6.99 Billion
Beijing Jetsen Tech Co SHE:300182	China	CN¥11.39 Billion
Hand Enterprise Solutions Co SHE:300170	China	CN¥6.48 Billion
Shenzhen Das Intellitech Co Ltd SHE:002421	China	CN¥7.48 Billion
Yunnan Nantian Electronics Information Co Ltd SHE:000948	China	CN¥8.21 Billion
Shanghai Golden Bridge SHG:603918	China	CN¥1.44 Billion
Beibu Gulf Tourism Corp Ltd SHG:603869	China	CN¥4.70 Billion
Gofore Oyj HE:GOFORE	Finland	€213.59 Million

Formula - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	1.63	1.31	1.47
Quick Ratio	1.61	1.28	1.45
Cash Ratio	0.00	0.00	0.00
Working Capital	ILA835.43 Million	ILA348.57 Million	ILA359.59 Million

Formula - Advanced Valuation Insights

This section examines the relationship between Formula's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	2.91
Latest Market Cap to Assets Ratio	0.48
Asset Growth Rate (YoY)	19.6%
Total Assets	ILA3.60 Billion
Market Capitalization	$1.72 Billion USD

Valuation Analysis

Below Book Valuation: The market values Formula's assets below their book value (0.48x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Formula's assets grew by 19.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Formula (1998–2025)

The table below shows the annual total assets of Formula from 1998 to 2025.

Year	Total Assets	Change
2025-12-31	ILA3.60 Billion ≈ $9.66 Million	+19.56%
2024-12-31	ILA3.01 Billion ≈ $8.08 Million	+7.19%
2023-12-31	ILA2.81 Billion ≈ $7.54 Million	+0.64%
2022-12-31	ILA2.79 Billion ≈ $7.49 Million	+1.71%
2021-12-31	ILA2.75 Billion ≈ $7.37 Million	+9.03%
2020-12-31	ILA2.52 Billion ≈ $6.76 Million	+20.67%
2019-12-31	ILA2.09 Billion ≈ $5.60 Million	+25.47%
2018-12-31	ILA1.66 Billion ≈ $4.46 Million	+6.63%
2017-12-31	ILA1.56 Billion ≈ $4.19 Million	+14.89%
2016-12-31	ILA1.36 Billion ≈ $3.64 Million	+11.55%
2015-12-31	ILA1.22 Billion ≈ $3.27 Million	+9.13%
2014-12-31	ILA1.12 Billion ≈ $2.99 Million	+27.04%
2013-12-31	ILA878.56 Million ≈ $2.36 Million	-0.28%
2012-12-31	ILA881.04 Million ≈ $2.36 Million	+31.14%
2011-12-31	ILA671.83 Million ≈ $1.80 Million	+7.71%
2010-12-31	ILA623.77 Million ≈ $1.67 Million	+10.12%
2009-12-31	ILA566.44 Million ≈ $1.52 Million	-5.06%
2008-12-31	ILA596.62 Million ≈ $1.60 Million	-2.61%
2007-12-31	ILA612.62 Million ≈ $1.64 Million	+2.87%
2006-12-31	ILA595.50 Million ≈ $1.60 Million	-5.49%
2005-12-31	ILA630.09 Million ≈ $1.69 Million	-1.71%
2004-12-31	ILA641.02 Million ≈ $1.72 Million	+21.20%
2003-12-31	ILA528.91 Million ≈ $1.42 Million	+12.87%
2002-12-31	ILA468.60 Million ≈ $1.26 Million	+4.27%
2001-12-31	ILA449.41 Million ≈ $1.20 Million	-18.78%
2000-12-31	ILA553.29 Million ≈ $1.48 Million	+22.17%
1999-12-31	ILA452.89 Million ≈ $1.21 Million	+30.82%
1998-12-31	ILA346.20 Million ≈ $928.15K	--

About Formula

TA:FORTY Israel Information Technology Services

Market Cap

$1.72 Billion

ILA642.44 Billion ILA

Market Cap Rank

#6819 Global

#56 in Israel

Share Price

ILA41900.00

Change (1 day)

+1.26%

52-Week Range

ILA32900.00 - ILA57400.00

All Time High

ILA57400.00