Formula Systems (1985) Ltd. (FORTY)
NASDAQ: FORTY · Real-Time Price · USD
128.78
+0.58 (0.45%)
Mar 9, 2026, 4:00 PM EDT - Market closed
Formula Systems (1985) Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 |
Cash & Equivalents | 431.31 | 507.8 | 451.95 | 544.34 | 368.67 | 268.49 |
Short-Term Investments | 0.77 | 55.4 | 76.22 | 24.71 | 36.49 | 26.79 |
Cash & Short-Term Investments | 432.08 | 563.2 | 528.17 | 569.06 | 405.15 | 295.29 |
Cash Growth | -23.28% | 6.63% | -7.18% | 40.46% | 37.21% | 13.21% |
Accounts Receivable | - | 803.24 | 721.01 | 702.73 | 486.01 | 441.47 |
Inventory | - | 30.73 | 42.01 | 35.18 | 8.64 | 3.88 |
Other Current Assets | 818.41 | 89.88 | 84.67 | 64.54 | 65.71 | 40.46 |
Total Current Assets | 2,061 | 1,487 | 1,376 | 1,371 | 965.5 | 781.1 |
Net Property, Plant & Equipment | 193.69 | 208.02 | 173.58 | 171.81 | 147.19 | 29.18 |
Other Intangible Assets | - | 217.08 | 206.93 | - | 165.28 | 150.31 |
Goodwill | - | 975.08 | 936.58 | - | 724.19 | 640.92 |
Long-Term Investments | 89.59 | 93.83 | 72.8 | 59.73 | 26.02 | 25.71 |
Other Long-Term Assets | 983.13 | 33.85 | 46.86 | 1,191 | 61.07 | 37.34 |
Total Assets | 3,327 | 3,015 | 2,813 | 2,794 | 2,089 | 1,665 |
Accounts Payable | - | 296.21 | 258.65 | 222.48 | 125.16 | 118.79 |
Accrued Expenses | 203.82 | 234.85 | 209.38 | 201.23 | 142.03 | 114.9 |
Short-Term Debt | 173.94 | 141.78 | 145.97 | 157.88 | 125.3 | 71.18 |
Current Portion of Long-Term Debt | 75.31 | 86.78 | 72.89 | 68.29 | 31.36 | 55.82 |
Current Portion of Leases | 41.52 | 45.24 | 44.06 | 45.5 | 35.67 | - |
Unearned Revenue | 146.58 | 173.96 | 137.64 | 131.64 | 93.51 | 59.51 |
Other Current Liabilities | 363.66 | 159.66 | 117.07 | 173.97 | 118.35 | 105.33 |
Total Current Liabilities | 1,290 | 1,138 | 985.66 | 1,001 | 671.39 | 525.53 |
Long-Term Debt | 235.48 | 250.82 | 322.43 | 421.51 | 337.47 | 254.43 |
Long-Term Leases | 112.45 | 119.59 | 84.64 | 78.97 | 73.69 | - |
Other Long-Term Liabilities | 111.68 | 116.67 | 111.69 | 115.57 | 110.37 | 79.19 |
Total Long-Term Liabilities | 459.61 | 487.08 | 518.75 | 616.05 | 521.53 | 333.62 |
Total Liabilities | 1,750 | 1,626 | 1,504 | 1,617 | 1,193 | 859.15 |
Common Stock | - | 4.35 | 4.35 | - | 4.34 | 4.19 |
Treasury Stock | - | -0.26 | -0.26 | - | -0.26 | -0.26 |
Additional Paid-in Capital | - | 152.65 | 157.48 | - | 120.74 | 98.01 |
Accumulated Other Comprehensive Income | - | -13.42 | -11.03 | - | 11.68 | 3.13 |
Retained Earnings | - | 536.01 | 475.22 | - | 285.15 | 262.56 |
Total Common Shareholders' Equity | - | 679.34 | 625.76 | - | 421.64 | 367.63 |
Minority Interest | 799.68 | 710.01 | 682.42 | 625.05 | 474.69 | 437.77 |
Shareholders' Equity | 799.68 | 1,389 | 1,308 | 625.05 | 896.33 | 805.4 |
Total Liabilities & Equity | 3,327 | 3,015 | 2,813 | 2,794 | 2,089 | 1,665 |
Total Debt | 638.7 | 644.21 | 669.99 | 772.14 | 603.49 | 381.43 |
Net Cash (Debt) | -206.62 | -81.01 | -141.82 | -203.09 | -198.34 | -86.15 |
Net Cash Per Share | - | -5.18 | -9.15 | -13.10 | -12.93 | -5.53 |
Book Value | - | 679.34 | 625.76 | 0 | 421.64 | 367.63 |
Book Value Per Share | - | 43.44 | 40.38 | - | 27.48 | 23.61 |
Tangible Book Value | - | -512.82 | -517.75 | 0 | -467.83 | -423.59 |
Tangible Book Value Per Share | - | -32.80 | -33.41 | - | -30.50 | -27.20 |
Updated Nov 20, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.