Formula Historical Balance Sheet

FORTY Stock  USD 78.75  1.25  1.56%   
Trend analysis of Formula Systems 1985 balance sheet accounts such as Other Current Liabilities of 342.8 M or Total Current Liabilities of 1 B provides information on Formula Systems' total assets, liabilities, and equity, which is the actual value of Formula Systems 1985 to its prevalent stockholders. By breaking down trends over time using Formula Systems balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Formula Systems 1985 latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Formula Systems 1985 is a good buy for the upcoming year.

Formula Systems Inventory

44.11 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Formula Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Formula Systems 1985 at a specified time, usually calculated after every quarter, six months, or one year. Formula Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Formula Systems and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Formula currently owns. An asset can also be divided into two categories, current and non-current.

Formula Systems Balance Sheet Chart

At this time, Formula Systems' Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 555 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 325.4 M in 2024.

Total Assets

Total assets refers to the total amount of Formula Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Formula Systems 1985 books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Formula Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Formula Systems 1985 are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Formula Systems' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Formula Systems 1985 current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Formula Systems 1985. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Formula Systems' Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 555 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 325.4 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total712.9M772.7M670.0M703.5M
Total Assets2.7B2.8B2.8B3.0B

Formula Systems balance sheet Correlations

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Click cells to compare fundamentals

Formula Systems Account Relationship Matchups

Formula Systems balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.5B2.7B2.8B2.8B3.0B
Short Long Term Debt Total603.5M668.5M712.9M772.7M670.0M703.5M
Other Current Liab260.3M303.7M334.3M376.2M326.4M342.8M
Total Current Liabilities671.3M779.8M944.7M1.0B987.8M1.0B
Total Stockholder Equity421.6M502.7M541.0M551.9M625.9M325.4M
Property Plant And Equipment Net147.2M174.0M172.7M172.3M173.6M182.3M
Net Debt234.4M166.9M227.5M228.3M217.6M228.5M
Retained Earnings285.1M324.4M358.3M419.4M475.2M499.0M
Accounts Payable125.2M153.3M206.0M222.2M258.6M271.6M
Cash369.0M501.6M485.4M544.3M452.4M475.0M
Non Current Assets Total1.1B1.4B1.4B1.4B1.4B1.5B
Non Currrent Assets Other21.5M22.7M23.7M39.8M52.5M62.6M
Cash And Short Term Investments405.5M533.2M512.5M569.1M528.6M555.0M
Net Receivables553.1M603.8M768.7M768.8M721.0M757.1M
Common Stock Shares Outstanding15.3M15.3M15.4M15.5M15.5M14.4M
Short Term Investments36.5M31.5M27.1M24.7M76.2M80.0M
Liabilities And Stockholders Equity2.1B2.5B2.7B2.8B2.8B3.0B
Non Current Liabilities Total520.8M632.7M623.2M614.8M519.1M545.1M
Inventory7.2M24.0M20.1M35.2M42.0M44.1M
Other Current Assets37.4M47.2M50.6M45.9M84.7M88.9M
Other Stockholder Equity120.5M148.5M152.8M145.1M157.4M127.1M
Total Liab1.2B1.4B1.6B1.6B1.5B1.6B
Total Current Assets965.8M1.2B1.3B1.4B1.4B1.4B
Accumulated Other Comprehensive Income11.7M25.5M25.5M(17.0M)(11.0M)(10.5M)
Short Term Debt192.3M194.0M263.8M271.7M265.1M278.3M
Intangible Assets165.3M222.3M241.9M222.7M206.9M142.3M
Common Stock4.2M4.2M4.3M4.3M4.4M4.3M
Other Liab110.4M157.1M174.1M113.8M130.9M74.8M
Other Assets61.1M62.6M70.0M42.2M1.00.95
Long Term Debt337.5M383.4M364.3M421.5M322.4M162.7M
Good Will724.2M872.4M932.9M926.2M936.6M983.4M
Property Plant Equipment147.2M173.6M172.7M172.3M198.2M208.1M
Current Deferred Revenue93.5M128.9M140.7M132.7M137.6M144.5M
Property Plant And Equipment Gross147.2M173.6M172.7M172.3M446.1M468.5M
Net Tangible Assets(467.8M)(591.5M)(633.8M)(594.9M)(535.4M)(562.2M)
Long Term Investments48.2M28.5M28.9M20.6M45.2M39.6M
Short Long Term Debt156.7M161.9M222.1M226.2M218.9M146.0M

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