Formula Systems (1985) Ltd. (FORTY) quarterly balance sheet — complete assets, liabilities & equity history
| Total Current Assets | 2.17B | 2.06B | 1.45B | 1.48B | 1.49B | 1.38B | 1.3B | 1.38B | 1.38B | 1.27B | 1.29B | 1.35B |
| Cash & Short-Term Investments | 1.28B | 432.08M | 406.17M | 526.79M | 563.2M | 510.85M | 472.88M | 516.14M | 528.17M | 469.11M | 477.47M | 516.87M |
| Cash Only | 1.28B | 431.31M | 393.19M | 461.81M | 507.8M | 469.71M | 408.26M | 436.79M | 451.95M | 392.3M | 386M | 447.89M |
| Short-Term Investments | 371.99K | 770K | 12.97M | 64.99M | 55.4M | 41.14M | 64.62M | 79.34M | 76.22M | 76.81M | 91.47M | 68.97M |
| Accounts Receivable | 774.46M | 784.1M | 992.82M | 928M | 802.99M | 757.19M | 710.3M | 735.22M | 721.01M | 765.7M | 774.52M | 798.69M |
| Days Sales Outstanding | 100.58 | 116.79 | 115.1 | 126.42 | 103.79 | 96.44 | 98.51 | 94.87 | 106.81 | 108.2 | 109.22 | 102.28 |
| Inventory | 30.25M | 26.27M | 48.1M | 27.77M | 30.73M | 27.04M | 30.19M | 34.56M | 42.01M | 37.16M | 39.37M | 38.63M |
| Days Inventory Outstanding | 4.55 | 6.07 | 6.06 | 5.3 | 5.2 | 4.99 | 5.88 | 6.52 | 7.6 | 7.11 | 7.18 | 6.53 |
| Other Current Assets | 80.52M | 737.85M | 109.61M | 96.89M | 41.6M | 86.41M | 90.27M | 92.56M | 43.99M | 72.91M | 76.38M | 80.91M |
| Total Non-Current Assets | 1.44B | 1.27B | 1.75B | 1.56B | 1.53B | 1.47B | 1.4B | 1.43B | 1.44B | 1.38B | 1.44B | 1.42B |
| Property, Plant & Equipment | 193.07M | 193.69M | 226.17M | 203.69M | 208.17M | 206.04M | 162.57M | 170.06M | 173.58M | 160.33M | 172.09M | 174.35M |
| Fixed Asset Turnover | 3.69x | 3.33x | 3.53x | 2.99x | 3.34x | 3.80x | 4.01x | 4.06x | 3.84x | 3.94x | 3.78x | 3.87x |
| Goodwill | 814.37M | 0 | 0 | 0 | 975.08M | 0 | 0 | 0 | 936.58M | 0 | 0 | 0 |
| Intangible Assets | 147.62M | 956.58M | 1.38B | 1.23B | 217.08M | 1.14B | 1.12B | 1.13B | 206.93M | 1.11B | 1.15B | 798.69M |
| Long-Term Investments | 353.45M | 89.59M | 101.02M | 97.8M | 65.11M | 89.9M | 71.56M | 79.52M | 45.23M | 70.17M | 69.39M | 61.09M |
| Other Non-Current Assets | 50.38M | 0 | 0 | 0 | 28.99M | 0 | 0 | 0 | 27.57M | 0 | 0 | 0 |
| Total Assets | 3.6B | 3.33B | 3.2B | 3.05B | 3.01B | 2.85B | 2.7B | 2.81B | 2.81B | 2.66B | 2.73B | 2.77B |
| Asset Turnover | 0.21x | 0.21x | 0.24x | 0.20x | 0.24x | 0.25x | 0.24x | 0.25x | 0.23x | 0.24x | 0.24x | 0.24x |
| Asset Growth % | 19.55% | 16.73% | 18.28% | 8.45% | 7.18% | 7.28% | -0.87% | 1.34% | 0.64% | -1.25% | 4.55% | -2.02% |
| Total Current Liabilities | 1.33B | 1.29B | 1.19B | 1.18B | 1.14B | 981.43M | 931.7M | 1.04B | 985.66M | 904.47M | 923.96M | 1B |
| Accounts Payable | 368.31M | 285.48M | 287.71M | 283.89M | 292.07M | 226.69M | 199.12M | 222.55M | 258.65M | 211.5M | 202.93M | 194.2M |
| Days Payables Outstanding | 52.59 | 46.79 | 45.64 | 52.2 | 46.7 | 37.17 | 38.28 | 40.99 | 45.14 | 38.5 | 36.55 | 36.88 |
| Short-Term Debt | 297.72M | 249.24M | 251.79M | 237.72M | 275.58M | 220.12M | 214.67M | 235.37M | 218.86M | 234.87M | 221.7M | 240.02M |
| Deferred Revenue (Current) | 157.54M | 146.58M | 205.18M | 180.62M | 173.96M | 141.19M | 147.19M | 166.34M | 137.64M | 124.34M | 136.39M | 156.5M |
| Other Current Liabilities | 264.02M | 510.24M | 59.06M | 65.36M | 119.47M | 56.31M | 132.05M | 153.79M | 86.04M | 107.39M | 134.38M | 169.23M |
| Current Ratio | 1.63x | 1.60x | 1.21x | 1.26x | 1.30x | 1.41x | 1.40x | 1.33x | 1.40x | 1.41x | 1.40x | 1.35x |
| Quick Ratio | 1.61x | 1.58x | 1.17x | 1.23x | 1.28x | 1.38x | 1.37x | 1.30x | 1.35x | 1.37x | 1.36x | 1.31x |
| Cash Conversion Cycle | 52.53 | 76.07 | 75.51 | 79.52 | 62.29 | 64.27 | 66.11 | 60.41 | 69.27 | 76.81 | 79.85 | 71.94 |
| Total Non-Current Liabilities | 475.13M | 459.61M | 540.89M | 488.19M | 485.56M | 507.55M | 444.02M | 465.74M | 518.75M | 525.95M | 574.8M | 578.7M |
| Long-Term Debt | 186.73M | 235.48M | 249.88M | 226.99M | 249.04M | 293.16M | 258M | 267.89M | 322.43M | 342.71M | 383.76M | 380.35M |
| Capital Lease Obligations | 107.8M | 112.45M | 132.55M | 117.64M | 119.59M | 118.83M | 79.76M | 83.27M | 84.64M | 75.58M | 79.54M | 79.42M |
| Deferred Tax Liabilities | 83.42M | 39.72M | 51.42M | 45.33M | 42.89M | 38.74M | 53.02M | 59.89M | 59.21M | 57.74M | 60.17M | 62.08M |
| Other Non-Current Liabilities | 80.72M | 54.86M | 90.37M | 72.28M | 61.52M | 41.64M | 36.16M | 38.35M | 47.61M | 45.49M | 45.44M | 49.44M |
| Total Liabilities | 1.81B | 1.75B | 1.73B | 1.67B | 1.63B | 1.49B | 1.38B | 1.5B | 1.5B | 1.43B | 1.5B | 1.58B |
| Total Debt | 592.25M | 638.7M | 683.87M | 626.94M | 689.45M | 676.72M | 593.56M | 630.46M | 669.99M | 694.46M | 731.2M | 748M |
| Net Debt | -687.85M | 207.38M | 290.68M | 165.14M | 181.65M | 207.01M | 185.3M | 193.66M | 218.04M | 302.16M | 345.2M | 300.1M |
| Debt / Equity | 0.33x | 0.40x | 0.47x | 0.46x | 0.50x | 0.50x | 0.45x | 0.48x | 0.51x | 0.57x | 0.60x | 0.63x |
| Debt / EBITDA | 3.18x | 11.65x | 9.86x | 12.73x | 9.59x | 9.53x | 7.71x | 10.07x | 11.10x | 9.94x | 10.21x | 16.31x |
| Net Debt / EBITDA | -3.69x | 3.78x | 4.19x | 3.35x | 2.53x | 2.91x | 2.41x | 3.09x | 3.61x | 4.33x | 4.82x | 6.54x |
| Interest Coverage | 1.38x | 6.16x | 6.64x | 7.63x | 10.41x | 12.23x | 16.99x | 11.17x | 6.55x | 9.07x | 10.69x | 8.58x |
| Total Equity | 1.8B | 1.58B | 1.46B | 1.38B | 1.39B | 1.36B | 1.33B | 1.31B | 1.31B | 1.23B | 1.23B | 1.19B |
| Equity Growth % | 29.43% | 15.86% | 10.22% | 5.45% | 6.2% | 11% | 8.08% | 9.74% | 11.14% | 7.12% | 5.7% | 1.08% |
| Book Value per Share | 113.56 | 99.81 | 92.81 | 87.56 | 88.50 | 87.00 | 84.93 | 83.88 | 84.37 | 78.91 | 79.30 | 76.96 |
| Total Shareholders' Equity | 1.36B | 777.69M | 722.92M | 681.02M | 679.34M | 660.09M | 644.02M | 631.46M | 625.76M | 583.3M | 576.11M | 564.41M |
| Common Stock | 0 | 0 | 0 | 0 | 4.35M | 0 | 0 | 0 | 4.35M | 583.3M | 576.11M | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 536.01M | 0 | 0 | 0 | 475.22M | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | -259K | 0 | 0 | 0 | -259K | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | -13.42M | 0 | 0 | 0 | -11.03M | 0 | 0 | 551.88M |
| Minority Interest | 435.18M | 799.67M | 739.61M | 696.24M | 710.01M | 701.4M | 682.88M | 674.65M | 682.42M | 643.25M | 651.56M | 625.76M |