Formula Historical Balance Sheet
FORTY Stock | USD 59.75 0.00 0.00% |
Trend analysis of Formula Systems 1985 balance sheet accounts such as Current Assets of 1.2 B or Assets Non Current of 1.3 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.
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 |
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
Formula Systems Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Formula Systems 1985 uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Formula Systems' Accumulated Other Comprehensive Income is fairly stable as compared to the past year. Inventory is likely to rise to about 38 M in 2023, whereas Total Assets are likely to drop slightly above 2.5 B in 2023. Add Fundamental
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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.Current Assets
Current assets of Formula Systems 1985 include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Formula Systems. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.Shareholders Equity Attributable to Parent
A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.Total Liabilities
Deferred Income Tax is recorded on Formula Systems 1985 balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Formula Systems books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.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 real. At this time, Formula Systems' Accumulated Other Comprehensive Income is fairly stable as compared to the past year. Inventory is likely to rise to about 38 M in 2023, whereas Total Assets are likely to drop slightly above 2.5 B in 2023.
2020 | 2021 | 2022 | 2023 (projected) | Current Assets | 1.2B | 1.3B | 1.4B | 1.2B | Total Assets | 2.5B | 2.7B | 2.8B | 2.5B |
Formula Systems balance sheet Correlations
Click cells to compare fundamentals
Formula Systems Account Relationship Matchups
Formula Systems balance sheet Accounts
2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
Accumulated Other Comprehensive Income | 3.1M | 11.7M | 25.5M | 25.5M | 29.3M | 31.7M | |
Total Assets | 1.7B | 2.1B | 2.5B | 2.7B | 2.8B | 2.5B | |
Current Assets | 781.1M | 965.5M | 1.2B | 1.3B | 1.4B | 1.2B | |
Assets Non Current | 883.5M | 1.1B | 1.4B | 1.4B | 1.4B | 1.3B | |
Cash and Equivalents | 268.5M | 368.7M | 501.7M | 485.4M | 544.3M | 458.9M | |
Cash and Equivalents USD | 268.5M | 368.7M | 501.7M | 485.4M | 544.3M | 458.9M | |
Total Debt | 381.4M | 603.5M | 668.5M | 712.9M | 772.1M | 633.7M | |
Debt Current | 127.0M | 192.3M | 194.0M | 265.8M | 271.7M | 216.4M | |
Debt Non Current | 254.4M | 411.2M | 474.6M | 447.1M | 500.5M | 417.3M | |
Total Debt USD | 381.4M | 603.5M | 668.5M | 712.9M | 772.1M | 633.7M | |
Deferred Revenue | 64.4M | 100.0M | 145.5M | 158.4M | 140.5M | 120.0M | |
Shareholders Equity Attributable to Parent | 367.6M | 421.6M | 503.2M | 541.0M | 551.9M | 516.8M | |
Shareholders Equity USD | 367.6M | 421.6M | 503.2M | 541.0M | 551.9M | 516.8M | |
Goodwill and Intangible Assets | 791.2M | 889.5M | 1.1B | 1.2B | 1.1B | 1.0B | |
Inventory | 3.9M | 8.6M | 24.0M | 21.2M | 35.2M | 38.0M | |
Investments | 52.5M | 62.5M | 59.8M | 79.6M | 84.4M | 74.7M | |
Investments Current | 26.8M | 36.5M | 31.5M | 27.1M | 24.7M | 28.8M | |
Investments Non Current | 25.7M | 26.0M | 28.3M | 52.6M | 59.7M | 50.2M | |
Total Liabilities | 859.2M | 1.2B | 1.4B | 1.6B | 1.6B | 1.4B | |
Current Liabilities | 525.5M | 671.4M | 779.9M | 947.6M | 1.0B | 826.8M | |
Liabilities Non Current | 333.6M | 521.5M | 631.6M | 621.2M | 616.0M | 540.2M | |
Trade and Non Trade Payables | 172.6M | 188.3M | 222.3M | 286.2M | 308.8M | 257.4M | |
Property Plant and Equipment Net | 29.2M | 147.2M | 173.6M | 172.7M | 171.8M | 185.4M | |
Trade and Non Trade Receivables | 441.5M | 486.0M | 519.9M | 696.3M | 702.7M | 613.4M | |
Accumulated Retained Earnings Deficit | 262.6M | 285.1M | 324.4M | 358.3M | 419.4M | 371.8M | |
Tax Assets | 14.2M | 38.9M | 39.8M | 46.4M | 42.0M | 36.4M | |
Tax Liabilities | 34.8M | 53.9M | 68.4M | 78.1M | 59.5M | 53.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Formula Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Formula Systems' short interest history, or implied volatility extrapolated from Formula Systems options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Formula Systems 1985 using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 real. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Formula Stock analysis
When running Formula Systems' price analysis, check to measure Formula Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formula Systems is operating at the current time. Most of Formula Systems' value examination focuses on studying past and present price action to predict the probability of Formula Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formula Systems' price. Additionally, you may evaluate how the addition of Formula Systems to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Fund Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
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 (0.48) | Dividend Share 0.62 | Earnings Share 4.07 | Revenue Per Share 168.172 | Quarterly Revenue Growth 0.043 |
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.