Formula Systems (1985) Quarterly Balance Sheet
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At close: Oct 5, 4:00 PM ET · Delayed 15 min
Formula Systems (1985) financial position
As of Dec 31, 2024, Formula Systems (1985) reported total assets of $3.01 billion, up 19.6% from a year earlier against total liabilities of $1.63 billion. Shareholders' equity stood at $679.3 million, or 22.5% of assets. The company held $507.8 million in cash and equivalents against $309.5 million of debt, a net cash position of $198.3 million.
The current ratio (current assets divided by current liabilities) was 1.31, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.46.
Summary generated from market data by MetaCap's automated system. Methodology
Formula Systems (1985) balance sheet (quarterly)
| Quarter (USD) | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20152016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 | Q4 20132013-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 507.80M | 451.95M | 544.34M | 485.39M | 501.65M | 368.67M | 268.49M | 245.95M | 240.05M | 132.60M | 107.42M | 82.12M |
| Short-Term Investments | — | — | 738.00K | 1.14M | 1.24M | 6.60M | 9.91M | 14.14M | 37.52M | 11.01M | 15.78M | 17.96M |
| Receivables | 7.92M | 7.83M | 5.38M | 2.96M | — | — | — | — | — | 176.66M | 195.29M | 193.58M |
| Inventory | 30.73M | 42.01M | 35.18M | 21.22M | 23.99M | 8.64M | 3.88M | 3.30M | 3.95M | 4.61M | 2.26M | 2.41M |
| Total Current Assets | 1.49B | 1.38B | 1.37B | 1.30B | 1.16B | 965.50M | 781.10M | 694.80M | 633.66M | 357.48M | 358.50M | 333.23M |
| Property, Plant & Equipment | 51.80M | 52.93M | 54.97M | 56.89M | 59.18M | 43.06M | 29.18M | 29.81M | 26.13M | 14.20M | 20.13M | 19.41M |
| Goodwill | 975.08M | 936.58M | 926.16M | 932.85M | 872.42M | 724.19M | 640.92M | 617.27M | 640.18M | 162.17M | 373.23M | 227.43M |
| Intangible Assets | 217.08M | 206.93M | 222.73M | 241.94M | 222.26M | 165.28M | 150.31M | 163.98M | 128.45M | 4.92M | 76.87M | 39.64M |
| Long-Term Investments | — | — | — | — | — | — | — | — | — | 0 | 33.75M | 520.00K |
| Total Assets | 3.01B | 2.81B | 2.79B | 2.75B | 2.52B | 2.09B | 1.66B | 1.56B | 1.35B | 1.07B | 1.13B | 871.79M |
| Accounts Payable | 98.05M | 73.12M | — | — | — | — | — | — | — | 58.10M | 52.69M | 52.65M |
| Short-Term Debt | 194.27M | 145.97M | — | — | — | — | — | — | — | — | — | 0 |
| Total Current Liabilities | 1.14B | 985.66M | 1.00B | 947.60M | 779.90M | 671.39M | 525.53M | 432.95M | 359.04M | 211.81M | 226.59M | 210.97M |
| Long-Term Debt | 115.22M | 170.45M | — | — | — | — | — | — | — | 58.28M | 0 | 0 |
| Total Liabilities | 1.63B | 1.50B | 1.62B | 1.57B | 1.41B | 14.05M | 7.09M | 59.22M | 56.70M | 504.17M | 468.46M | 395.64M |
| Shareholders' Equity | 679.34M | 625.76M | 551.88M | 540.96M | 503.20M | 421.64M | 367.63M | 359.20M | 336.39M | 451.56M | 389.71M | 319.34M |
| Retained Earnings | 536.01M | 475.22M | 419.45M | 358.31M | 324.36M | 285.15M | 262.56M | 239.16M | 234.27M | 318.69M | 250.00M | 184.10M |
| Total Debt | 309.50M | 316.42M | — | — | — | — | — | — | — | 58.28M | 0 | 0 |
| Net Cash (Debt) | 198.30M | 135.52M | 545.08M | 486.53M | 502.89M | 375.27M | 278.40M | 260.08M | 277.57M | 85.33M | 123.20M | 100.08M |
| Shares Outstanding | 15.33M | 15.33M | 15.32M | 15.29M | 15.29M | 15.29M | 14.75M | 14.74M | 14.73M | 14.73M | 14.73M | 14.72M |
This table shows 12 quarterly periods of Formula Systems (1985)'s balance sheet, from Q4 2024 back to Q4 2013, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow FORTY's reporting calendar. What is a balance sheet?