Formula Systems (1985) Ltd. (FORTY)

Solvency & Capital Structure

Total Debt

$638.7M

Net Debt

$206.6M

Formula Systems (1985) Ltd. currently has $638.7M in total debt. Net debt is $206.6M after cash offsets.

Financial Fundamentals

FORTY • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2025-09-30	0.64	0.43	0.21	3.33	19.2%
2025-06-30	0.68	0.41	0.28	3.20	21.4%
2025-03-31	0.63	0.53	0.10	3.05	20.6%
2024-12-31	0.69	0.56	0.13	3.01	22.9%
2024-09-30	0.68	0.51	0.17	2.85	23.7%
2024-06-30	0.59	0.47	0.12	2.70	22.0%
2024-03-31	0.63	0.52	0.11	2.81	22.5%
2023-12-31	0.67	0.53	0.14	2.81	23.8%
2023-09-30	0.69	0.47	0.23	2.66	26.1%
2023-06-30	0.73	0.48	0.25	2.73	26.8%
2023-03-31	0.75	0.52	0.23	2.77	27.0%
2022-12-31	0.77	0.57	0.20	2.79	27.6%
2022-09-30	0.77	0.51	0.26	2.69	28.7%
2022-06-30	0.67	0.45	0.22	2.61	25.6%
2022-03-31	0.76	0.57	0.19	2.83	27.0%
2021-12-31	0.71	0.51	0.20	2.75	25.9%
2021-09-30	0.74	0.50	0.24	2.62	28.2%
2021-06-30	0.70	0.47	0.23	2.59	26.9%
2021-03-31	0.62	0.46	0.16	2.44	25.2%
2020-12-31	0.67	0.53	0.14	2.52	26.5%
2020-09-30	0.66	0.44	0.22	2.22	29.8%
2020-06-30	0.68	0.47	0.20	2.17	31.2%
2020-03-31	0.66	0.45	0.21	2.13	31.1%
2019-12-31	0.60	0.41	0.20	2.09	28.9%
2019-09-30	0.60	0.37	0.23	2.00	30.0%
2019-06-30	0.61	0.39	0.22	1.98	30.9%
2019-03-31	0.57	0.30	0.28	1.93	29.8%
2018-12-31	0.38	0.30	0.09	1.66	22.9%
2018-09-30	0.39	0.28	0.11	1.64	23.7%
2018-06-30	0.37	0.25	0.12	1.57	23.6%
2018-03-31	0.38	0.27	0.11	1.60	23.5%
2017-12-31	0.34	0.26	0.08	1.56	22.1%
2017-09-30	0.35	0.25	0.10	1.52	22.8%
2017-06-30	0.31	0.22	0.09	1.49	20.7%
2017-03-31	0.26	0.21	0.05	1.46	17.8%
2016-12-31	0.26	0.28	-0.02Net Cash	1.36	19.0%
2016-09-30	0.21	0.24	-0.04Net Cash	1.27	16.6%
2016-06-30	0.21	0.28	-0.07Net Cash	1.22	17.1%
2016-03-31	0.22	0.31	-0.09Net Cash	1.25	17.7%
2015-12-31	0.22	0.21	0.01	1.22	18.1%
2015-09-30	0.21	0.16	0.05	1.17	18.0%
2015-06-30	0.15	0.12	0.03	1.13	13.3%
2015-03-31	0.14	0.13	0.01	1.09	13.0%
2014-12-31	0.15	0.13	0.02	1.12	13.4%
2014-09-30	0.14	0.08	0.06	0.85	16.6%
2014-06-30	0.16	0.10	0.06	0.90	17.4%
2014-03-31	0.15	0.10	0.05	0.89	16.3%
2013-12-31	0.10	0.10	-0.00Net Cash	0.88	11.2%
2013-09-30	0.10	0.13	-0.03Net Cash	0.91	11.0%
2013-06-30	0.10	0.13	-0.03Net Cash	0.90	10.7%
2013-03-31	0.10	0.13	-0.03Net Cash	0.88	11.1%
2012-12-31	0.10	0.13	-0.02Net Cash	0.88	11.8%
2012-09-30	0.09	0.13	-0.04Net Cash	0.83	10.9%
2012-06-30	0.09	0.12	-0.04Net Cash	0.83	10.7%
2012-03-31	0.09	0.13	-0.04Net Cash	0.86	10.3%
2011-12-31	0.05	0.11	-0.06Net Cash	0.67	7.0%
2011-09-30	0.05	0.10	-0.05Net Cash	0.62	7.7%
2011-06-30	0.05	0.12	-0.07Net Cash	0.65	7.8%
2011-03-31	0.06	0.15	-0.10Net Cash	0.65	8.9%
2010-12-31	0.06	0.15	-0.09Net Cash	0.62	9.2%
2010-09-30	0.08	0.14	-0.06Net Cash	0.57	13.3%
2010-06-30	0.07	0.13	-0.06Net Cash	0.55	13.2%
2010-03-31	0.08	0.16	-0.08Net Cash	0.59	13.0%
2009-12-31	0.03	0.16	-0.12Net Cash	0.57	5.9%
2009-09-30	0.08	0.14	-0.06Net Cash	0.58	14.6%
2009-06-30	0.08	0.13	-0.05Net Cash	0.55	14.9%
2009-03-31	0.08	0.13	-0.06Net Cash	0.53	14.9%
2008-12-31	0.09	0.16	-0.07Net Cash	0.60	14.8%
2008-09-30	0.09	0.18	-0.10Net Cash	0.64	13.5%
2008-06-30	0.10	0.20	-0.10Net Cash	0.65	15.8%
2008-03-31	0.08	0.21	-0.13Net Cash	0.62	12.9%
2007-12-31	0.13	0.20	-0.08Net Cash	0.61	20.6%
2007-09-30	0.08	0.20	-0.13Net Cash	0.57	13.4%
2007-06-30	0.01	0.15	-0.14Net Cash	0.52	2.4%
2007-03-31	0.03	0.14	-0.10Net Cash	0.61	5.0%
2006-12-31	0.15	0.13	0.02	0.60	25.8%
2006-09-30	0.20	0.12	0.08	0.67	29.7%
2006-06-30	0.20	0.12	0.08	0.67	29.5%
2006-03-31	0.12	0.11	0.01	0.64	19.4%
2005-12-31	0.13	0.12	0.01	0.63	20.7%
2005-09-30	0.03	0.11	-0.08Net Cash	0.61	4.2%
2005-06-30	0.03	0.11	-0.07Net Cash	0.60	5.6%
2005-03-31	0.17	0.16	0.01	0.67	24.8%
2004-12-31	0.06	0.15	-0.09Net Cash	0.64	9.3%
2004-09-30	0.06	0.11	-0.05Net Cash	0.58	10.1%
2004-06-30	0.13	0.12	0.01	0.58	21.7%
2004-03-31	0.14	0.12	0.02	0.58	24.4%
2003-12-31	0.13	0.10	0.03	0.53	25.1%
2003-09-30	0.13	0.10	0.03	0.51	25.4%
2003-06-30	0.14	0.10	0.03	0.53	26.1%
2003-03-31	0.14	0.12	0.01	0.53	25.9%
2002-12-31	0.12	0.10	0.02	0.47	25.9%
2002-09-30	0.11	0.10	0.01	0.46	23.3%
2002-06-30	0.09	0.10	-0.01Net Cash	0.47	18.1%
2002-03-31	0.09	0.09	-0.00Net Cash	0.46	18.6%
2001-12-31	0.06	0.09	-0.03Net Cash	0.45	13.7%
2001-09-30	0.06	0.10	-0.04Net Cash	0.49	11.8%
2001-06-30	0.04	0.10	-0.07Net Cash	0.50	7.6%
2001-03-31	0.04	0.14	-0.09Net Cash	0.52	8.2%
2000-12-31	0.02	0.17	-0.14Net Cash	0.55	4.1%
2000-09-30	0.02	0.23	-0.21Net Cash	0.58	4.1%
2000-06-30	0.03	0.27	-0.23Net Cash	0.59	5.4%
2000-03-31	0.02	0.28	-0.26Net Cash	0.58	3.9%
1999-12-31	0.03	0.17	-0.14Net Cash	0.45	7.6%
1999-09-30	0.05	0.16	-0.12Net Cash	0.40	11.8%
1999-06-30	0.05	0.15	-0.11Net Cash	0.39	11.7%
1998-12-31	0.02	0.15	-0.12Net Cash	0.35	7.1%