Formula Systems (1985) Ltd (FORTY)
93.35
0.00 (0.00%)
USD |
NASDAQ |
Dec 20, 16:00
Formula Systems Debt to Equity Ratio: 0.7776 for Sept. 30, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Debt to Equity Ratio Benchmarks
| Magic Software Enterprises Ltd | 0.2353 |
| MIND C.T.I. Ltd | 0.00 |
| Nayax Ltd | 0.2991 |
| SatixFy Communications Ltd | -0.7535 |
| Silynxcom Ltd | 0.1277 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.850B |
| Total Liabilities (Quarterly) | 1.489B |
| Shareholders Equity (Quarterly) | 660.09M |
| Current Ratio | 1.408 |
| Net Debt Paydown Yield | 1.50% |