Formula Systems (1985) Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Formula Systems (1985) Ltd.'s balance sheet done over the years? Its assets were worth $2,812,601,000 last year, which is more than in the previous period. 53% of Formula Systems (1985) Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $1,504,416,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 1116112000 | 467.31M | 41.87% |
|---|---|---|---|
| 2015 | 1218032000 | 546.73M | 44.89% |
| 2016 | 1358666000 | 634.82M | 46.72% |
| 2017 | 1561017000 | 788.09M | 50.49% |
| 2018 | 1664467000 | 859.33M | 51.63% |
| 2019 | 2088430000 | 1.19B | 57.08% |
| 2020 | 2520012000 | 1.41B | 56.05% |
| 2021 | 2747677000 | 1.56B | 57.06% |
| 2022 | 2794707000 | 1.61B | 57.88% |
| 2023 | 2812601000 | 1.50B | 53.49% |
FORTY Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 451.94M | 544.34M | 485.39M | 501.62M | 369.04M | 268.83M | 245.93M | 238.16M | 186.95M | 107.41M |
Short term investments | 76.22M | 24.71M | 27.06M | 31.52M | 36.48M | 26.79M | 14.88M | 37.52M | 19.79M | 22.23M |
Net receivables | 764.99M | 768.75M | 768.65M | 603.75M | 553.09M | 441.50M | 404.08M | 354.36M | 280.56M | 228.48M |
Inventory | 42.00M | 35.18M | 20.11M | 23.98M | 7.15M | 3.88M | 3.29M | 3.95M | 4.61M | 2.25M |
Other current assets | 40.67M | 45.91M | 50.60M | 47.15M | 37.39M | 42.45M | 44.90M | 25.05M | 43.11M | 45.31M |
Total current assets | 1.37B | 1.37B | 1.30B | 1.16B | 965.78M | 780.95M | 694.50M | 634.00M | 454.56M | 360.39M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 173.58M | 172.31M | 172.71M | 173.97M | 147.18M | 29.18M | 29.57M | 26.13M | 19.80M | 19.87M |
Goodwill | 936.58M | 926.16M | 932.85M | 872.42M | 724.19M | 640.85M | 617.27M | 497.78M | 162.17M | 373.23M |
Intangible assets | 206.92M | 222.72M | 241.93M | 222.26M | 165.28M | 150.04M | 163.98M | 129.82M | 4.92M | 76.02M |
Long term investments | 45.22M | 20.64M | 28.9M | 28.47M | 26.35M | 25.65M | 25.26M | 41.30M | 203.22M | 202.89M |
Other non-current assets | 27.57M | 39.75M | 23.67M | 22.70M | 21.49M | 22.77M | 16.63M | 14.39M | 70.6M | 73.92M |
Total non-current assets | 1.43B | 1.42B | 1.44B | 1.35B | 1.12B | 883.51M | 866.51M | 724.66M | 763.46M | 755.71M |
Total assets | 2.81B | 2.79B | 2.74B | 2.52B | 2.08B | 1.66B | 1.56B | 1.35B | 1.21B | 1.11B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 137.64M | 132.72M | 140.66M | 128.89M | 93.51M | 59.85M | 58.90M | 37.37M | 35.60M | 35.06M |
Short term debt | 262.92M | 271.66M | 263.79M | 193.96M | 192.33M | 127.00M | 75.64M | 88.03M | 59.29M | 21.37M |
Total current liabilities | 985.66M | 1.00B | 944.69M | 779.80M | 671.29M | 525.98M | 409.99M | 359.51M | 255.74M | 231.67M |
| Non-current liabilities: | ||||||||||
Long term debt | 407.06M | 501.00M | 449.11M | 474.57M | 411.15M | 254.42M | 269.35M | 170.62M | 161.25M | 109.10M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 47.60M | 45.96M | 78.18M | 73.14M | 52.22M | 38.81M | 42.46M | 69.04M | 102.67M | 98.52M |
Total non-current liabilities | 518.75M | 614.82M | 623.19M | 632.71M | 520.80M | 333.34M | 378.10M | 275.30M | 290.99M | 235.64M |
Total liabilities | 1.50B | 1.61B | 1.56B | 1.41B | 1.19B | 859.33M | 788.09M | 634.82M | 546.73M | 467.31M |
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