Formula Systems (1985) Debt-to-Equity Ratio Growth & History (FORTY)
Formula Systems (1985)'s debt-to-equity ratio was 0.44 for fiscal 2025.
View full Formula Systems (1985) company overviewFormula Systems (1985) annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.44 | −0.18 | −29.52% |
| 2024 | 2024-12-31 | 0.62 | −0.09 | −12.71% |
| 2023 | 2023-12-31 | 0.71 | 0.63 | +762.84% |
| 2022 | 2022-12-31 | 0.08 | 0.01 | +7.06% |
| 2021 | 2021-12-31 | 0.08 | 0.01 | +20.84% |
| 2020 | 2020-12-31 | 0.06 | −0.21 | −77.02% |
| 2019 | 2019-12-31 | 0.28 | — | — |
| 2016 | 2016-12-31 | 0.00 | −0.08 | −99.61% |
| 2015 | 2015-12-31 | 0.08 | 0.08 | +6289.41% |
| 2014 | 2014-12-31 | 0.00 | −0.00 | −70.63% |
| 2013 | 2013-12-31 | 0.00 | −0.07 | −93.77% |
| 2012 | 2012-12-31 | 0.07 | −0.15 | −67.95% |
| 2011 | 2011-12-31 | 0.22 | −0.02 | −8.01% |
| 2010 | 2010-12-31 | 0.24 | — | — |
Formula Systems (1985) quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.56 | −0.39 | −41.22% |
| Q1 2026 | 2026-03-31 | 0.49 | −0.43 | −46.55% |
| Q4 2025 | 2025-12-31 | 0.44 | −0.18 | −29.52% |
| Q3 2025 | 2025-09-30 | 0.82 | — | — |
| Q2 2025 | 2025-06-30 | 0.95 | — | — |
| Q1 2025 | 2025-03-31 | 0.92 | — | — |
| Q4 2024 | 2024-12-31 | 0.62 | −0.09 | −12.71% |
| Q4 2023 | 2023-12-31 | 0.71 | 0.63 | +762.84% |
| Q4 2022 | 2022-12-31 | 0.08 | 0.01 | +7.06% |
| Q4 2021 | 2021-12-31 | 0.08 | 0.01 | +20.84% |
| Q4 2020 | 2020-12-31 | 0.06 | −0.21 | −77.02% |
| Q4 2019 | 2019-12-31 | 0.28 | — | — |
| Q4 2016 | 2016-12-31 | 0.00 | −0.08 | −99.61% |
| Q4 2015 | 2015-12-31 | 0.08 | 0.08 | +6289.41% |
| Q4 2014 | 2014-12-31 | 0.00 | −0.00 | −70.63% |
| Q4 2013 | 2013-12-31 | 0.00 | −0.07 | −93.77% |
| Q4 2012 | 2012-12-31 | 0.07 | −0.15 | −67.95% |
| Q4 2011 | 2011-12-31 | 0.22 | −0.02 | −8.01% |
| Q4 2010 | 2010-12-31 | 0.24 | — | — |
Formula Systems (1985) debt-to-equity ratio trends
Over the last five fiscal years, Formula Systems (1985)'s debt-to-equity ratio increased from 0.06 to 0.44, a change of 0.37. The latest reported quarter, Q2 2026, shows 0.56.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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