Formula Common Stock vs Long Term Debt Analysis
FORTY Stock | USD 74.80 0.20 0.27% |
Formula Systems financial indicator trend analysis is much more than just examining Formula Systems 1985 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Formula Systems 1985 is a good investment. Please check the relationship between Formula Systems Common Stock and its Long Term Debt accounts. 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.
Common Stock vs Long Term Debt
Common Stock vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Formula Systems 1985 Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Formula Systems' Common Stock and Long Term Debt is 0.62. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Formula Systems 1985, assuming nothing else is changed. The correlation between historical values of Formula Systems' Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Formula Systems 1985 are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Formula Systems' Common Stock and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Long Term Debt
Long-term debt is a debt that Formula Systems 1985 has held for over one year. Long-term debt appears on Formula Systems 1985 balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Formula Systems 1985 balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Formula Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 33.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.4B | 2.6B | 2.6B | 2.8B | Interest Expense | 24.0M | 19.9M | 28.3M | 29.8M |
Formula Systems fundamental ratios Correlations
Click cells to compare fundamentals
Formula Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Formula Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 2.5B | 2.7B | 2.8B | 2.8B | 3.0B | |
Short Long Term Debt Total | 603.5M | 668.5M | 712.9M | 772.7M | 670.0M | 703.5M | |
Other Current Liab | 260.3M | 303.7M | 334.3M | 376.2M | 326.4M | 342.8M | |
Total Current Liabilities | 671.3M | 779.8M | 944.7M | 1.0B | 987.8M | 1.0B | |
Total Stockholder Equity | 421.6M | 502.7M | 541.0M | 551.9M | 625.9M | 325.4M | |
Property Plant And Equipment Net | 147.2M | 174.0M | 172.7M | 172.3M | 173.6M | 182.3M | |
Net Debt | 234.4M | 166.9M | 227.5M | 228.3M | 217.6M | 228.5M | |
Retained Earnings | 285.1M | 324.4M | 358.3M | 419.4M | 482.4M | 506.5M | |
Accounts Payable | 125.2M | 153.3M | 206.0M | 222.2M | 258.6M | 271.6M | |
Cash | 369.0M | 501.6M | 485.4M | 544.3M | 452.4M | 475.0M | |
Non Current Assets Total | 1.1B | 1.4B | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Currrent Assets Other | 21.5M | 22.7M | 23.7M | 39.8M | 51.6M | 62.6M | |
Cash And Short Term Investments | 405.5M | 533.2M | 512.5M | 569.1M | 528.6M | 555.0M | |
Net Receivables | 553.1M | 603.8M | 768.7M | 768.8M | 721.0M | 757.1M | |
Common Stock Shares Outstanding | 15.3M | 15.3M | 15.4M | 15.5M | 15.5M | 14.4M | |
Short Term Investments | 36.5M | 31.5M | 27.1M | 24.7M | 76.2M | 80.0M | |
Liabilities And Stockholders Equity | 2.1B | 2.5B | 2.7B | 2.8B | 2.8B | 3.0B | |
Non Current Liabilities Total | 520.8M | 632.7M | 623.2M | 614.8M | 519.1M | 545.1M | |
Inventory | 7.2M | 24.0M | 20.1M | 35.2M | 42.0M | 44.1M | |
Other Current Assets | 37.4M | 47.2M | 50.6M | 45.9M | 84.7M | 88.9M | |
Other Stockholder Equity | 120.5M | 148.5M | 152.8M | 145.1M | 166.9M | 125.2M | |
Total Liab | 1.2B | 1.4B | 1.6B | 1.6B | 1.5B | 1.6B | |
Total Current Assets | 965.8M | 1.2B | 1.3B | 1.4B | 1.4B | 1.4B | |
Accumulated Other Comprehensive Income | 11.7M | 25.5M | 25.5M | (17.0M) | (19.6M) | (18.6M) | |
Short Term Debt | 192.3M | 194.0M | 263.8M | 271.7M | 265.1M | 278.3M | |
Intangible Assets | 165.3M | 222.3M | 241.9M | 222.7M | 1.1B | 1.2B | |
Common Stock | 4.2M | 4.2M | 4.3M | 4.3M | 625.9M | 657.2M | |
Other Liab | 110.4M | 157.1M | 174.1M | 113.8M | 130.9M | 74.8M | |
Other Assets | 61.1M | 62.6M | 70.0M | 42.2M | 1.0 | 0.95 | |
Long Term Debt | 337.5M | 383.4M | 364.3M | 421.5M | 484.7M | 509.0M | |
Good Will | 724.2M | 872.4M | 932.9M | 926.2M | 1.1B | 1.1B | |
Property Plant Equipment | 147.2M | 173.6M | 172.7M | 172.3M | 198.2M | 208.1M | |
Current Deferred Revenue | 93.5M | 128.9M | 140.7M | 132.7M | 137.6M | 144.5M | |
Property Plant And Equipment Gross | 147.2M | 173.6M | 172.7M | 172.3M | 198.2M | 208.1M | |
Net Tangible Assets | (467.8M) | (591.5M) | (633.8M) | (594.9M) | (535.4M) | (562.2M) | |
Long Term Investments | 48.2M | 28.5M | 28.9M | 20.6M | 18.6M | 17.6M | |
Short Long Term Debt | 156.7M | 161.9M | 222.1M | 226.2M | 260.1M | 136.5M |
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Is Formula Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Formula Systems. If investors know Formula will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Formula Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.04 | Dividend Share 1.277 | Earnings Share 4.12 | Revenue Per Share 171.285 | Quarterly Revenue Growth 0.01 |
The market value of Formula Systems 1985 is measured differently than its book value, which is the value of Formula that is recorded on the company's balance sheet. Investors also form their own opinion of Formula Systems' value that differs from its market value or its book value, called intrinsic value, which is Formula Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Formula Systems' market value can be influenced by many factors that don't directly affect Formula Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Formula Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formula Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formula Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.