FORTY
Price:
$112.9
Market Cap:
$1.68B
Formula Systems (1985) Ltd. is a global provider of diverse IT solutions and services, operating through its various subsidiaries. The company specializes in delivering both its own proprietary software and third-party solutions, alongside comprehensive IT professional services, software product marketing and support, and integrated computer infrastructure solutions. Its extensive range of offerings includes robust computer and telecommunication infrastructure solutions, specialized computer solutions for existing communication setups, cutting-edge cloud computing services, and advanced database and big data management. Formula Systems also supplies critical software tools for areas such as ...[Read more]
Industry
Information Technology Services
IPO Date
1997-10-20
Stock Exchange
NASDAQ
Ticker
FORTY
According to Formula Systems (1985) Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.67. This represents a change of 9.23% compared to the average of 1.53 of the last 4 quarters.
The mean historical Current Ratio of Formula Systems (1985) Ltd. over the last ten years is 1.49. The current 1.67 Current Ratio has changed 11.05% with respect to the historical average. Over the past ten years (40 quarters), FORTY's Current Ratio was at its highest in in the June 2016 quarter at 1.89. The Current Ratio was at its lowest in in the June 2025 quarter at 1.21.
Average
1.49
Median
1.46
Minimum
1.31
Maximum
1.76
Discovering the peaks and valleys of Formula Systems (1985) Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 24.62%
Maximum Annual Current Ratio = 1.76
Minimum Annual Increase = -12.35%
Minimum Annual Current Ratio = 1.31
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.63 | 24.62% |
| 2024 | 1.31 | -6.43% |
| 2023 | 1.40 | 1.96% |
| 2022 | 1.37 | -0.60% |
| 2021 | 1.38 | -7.48% |
| 2020 | 1.49 | 3.48% |
| 2019 | 1.44 | -3.10% |
| 2018 | 1.48 | -12.35% |
| 2017 | 1.69 | -3.94% |
| 2016 | 1.76 | -0.78% |
The current Current Ratio of Formula Systems (1985) Ltd. (FORTY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.44
5-year avg
1.42
10-year avg
1.49
Formula Systems (1985) Ltd.’s Current Ratio is greater than Sapiens International Corporation N.V. (1.52), less than Innodata Inc. (2.48), less than C3.ai, Inc. (6.64), greater than DXC Technology Company (1.36), less than BigBear.ai Holdings, Inc. (6.08), greater than Clarivate Plc (0.84), greater than Concentrix Corporation (1.18), less than Globant S.A. (1.82), less than ASGN Incorporated (1.98), greater than CSG Systems International, Inc. (1.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.52 | $2.43B | |
| 2.48 | $3.12B | |
| 6.64 | $1.46B | |
| 1.36 | $1.39B | |
| 6.08 | $1.41B | |
| 0.84 | $1.30B | |
| 1.18 | $1.53B | |
| 1.82 | $1.33B | |
| 1.98 | $894.99M | |
| 1.53 | $2.30B |
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What is the Current Ratio?
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What is Formula Systems (1985) Ltd.'s Current Ratio?
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What is the 3-year average Current Ratio for Formula Systems (1985) Ltd. (FORTY)?
What is the 5-year average Current Ratio for Formula Systems (1985) Ltd. (FORTY)?
How does the current Current Ratio for Formula Systems (1985) Ltd. (FORTY) compare to its historical average?