Formula Systems 1985 Stock Working Capital

FORTY Stock

USD 76.80 1.80 2.40%

Formula Systems 1985 fundamentals help investors to digest information that contributes to Formula Systems' financial success or failures. It also enables traders to predict the movement of Formula Stock. The fundamental analysis module provides a way to measure Formula Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Formula Systems stock.

	Last Reported	Projected for Next Year
Net Working Capital	425.7 M	351.8 M
Change In Working Capital	-19.2 M	-18.2 M
Working Capital	0.00	0.00

Net Working Capital is likely to drop to about 351.8 M in 2024. Change In Working Capital is likely to rise to about (18.2 M) in 2024.

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Formula Systems 1985 Company Working Capital Analysis

Formula Systems' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Formula Systems Working Capital

370.13 M

Most of Formula Systems' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Formula Systems 1985 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Formula Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Formula Systems is extremely important. It helps to project a fair market value of Formula Stock properly, considering its historical fundamentals such as Working Capital. Since Formula Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Formula Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Formula Systems' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.82	0.96	0.92	0.95	0.99	0.6	1.0	0.99	0.98	0.69	0.54	0.98	0.97	0.92	0.99	0.42	-0.94	0.81	-0.79	0.78	0.88	0.83	0.89	0.87	0.71
Total Stockholder Equity	0.82		0.82	0.79	0.7	0.79	0.31	0.82	0.77	0.77	0.4	0.28	0.77	0.74	0.69	0.79	0.51	-0.81	0.82	-0.77	0.72	0.84	0.81	0.81	0.78	0.54
Net Debt	0.96	0.82		0.87	0.87	0.96	0.51	0.97	0.94	0.94	0.6	0.45	0.95	0.93	0.87	0.94	0.46	-0.92	0.84	-0.78	0.74	0.89	0.81	0.82	0.77	0.64
Retained Earnings	0.92	0.79	0.87		0.9	0.87	0.68	0.89	0.89	0.88	0.76	0.67	0.93	0.86	0.81	0.88	0.43	-0.85	0.72	-0.85	0.6	0.71	0.74	0.81	0.79	0.77
Accounts Payable	0.95	0.7	0.87	0.9		0.95	0.74	0.94	0.97	0.97	0.83	0.72	0.95	0.94	0.92	0.95	0.28	-0.83	0.68	-0.66	0.82	0.81	0.83	0.92	0.89	0.84
Net Receivables	0.99	0.79	0.96	0.87	0.95		0.57	0.99	0.99	0.98	0.66	0.51	0.96	0.97	0.91	0.98	0.39	-0.92	0.8	-0.73	0.82	0.89	0.83	0.89	0.85	0.68
Short Term Investments	0.6	0.31	0.51	0.68	0.74	0.57		0.56	0.64	0.64	0.94	0.94	0.66	0.66	0.69	0.59	-0.02	-0.46	0.36	-0.41	0.49	0.44	0.63	0.64	0.64	0.91
Total Liab	1.0	0.82	0.97	0.89	0.94	0.99	0.56		0.99	0.98	0.64	0.5	0.97	0.96	0.93	0.99	0.4	-0.93	0.81	-0.76	0.81	0.9	0.84	0.9	0.87	0.68
Total Current Assets	0.99	0.77	0.94	0.89	0.97	0.99	0.64	0.99		0.99	0.71	0.57	0.98	0.98	0.94	0.98	0.32	-0.92	0.79	-0.74	0.82	0.88	0.85	0.91	0.88	0.74
Short Term Debt	0.98	0.77	0.94	0.88	0.97	0.98	0.64	0.98	0.99		0.7	0.56	0.95	0.95	0.95	0.98	0.3	-0.89	0.75	-0.7	0.85	0.88	0.87	0.92	0.88	0.74
Intangible Assets	0.69	0.4	0.6	0.76	0.83	0.66	0.94	0.64	0.71	0.7		0.98	0.75	0.74	0.72	0.69	0.15	-0.52	0.4	-0.46	0.54	0.5	0.65	0.71	0.71	0.96
Common Stock	0.54	0.28	0.45	0.67	0.72	0.51	0.94	0.5	0.57	0.56	0.98		0.62	0.6	0.6	0.55	0.09	-0.36	0.25	-0.34	0.42	0.35	0.55	0.6	0.6	0.93
Long Term Debt	0.98	0.77	0.95	0.93	0.95	0.96	0.66	0.97	0.98	0.95	0.75	0.62		0.97	0.9	0.96	0.38	-0.94	0.83	-0.8	0.73	0.86	0.82	0.86	0.84	0.76
Good Will	0.97	0.74	0.93	0.86	0.94	0.97	0.66	0.96	0.98	0.95	0.74	0.6	0.97		0.9	0.96	0.36	-0.92	0.82	-0.74	0.78	0.86	0.81	0.86	0.84	0.74
Property Plant Equipment	0.92	0.69	0.87	0.81	0.92	0.91	0.69	0.93	0.94	0.95	0.72	0.6	0.9	0.9		0.95	0.15	-0.8	0.63	-0.59	0.83	0.88	0.91	0.93	0.93	0.78
Current Deferred Revenue	0.99	0.79	0.94	0.88	0.95	0.98	0.59	0.99	0.98	0.98	0.69	0.55	0.96	0.96	0.95		0.36	-0.9	0.75	-0.71	0.82	0.89	0.87	0.92	0.91	0.73
Treasury Stock	0.42	0.51	0.46	0.43	0.28	0.39	-0.02	0.4	0.32	0.3	0.15	0.09	0.38	0.36	0.15	0.36		-0.38	0.38	-0.43	0.12	0.25	0.19	0.19	0.18	0.13
Net Tangible Assets	-0.94	-0.81	-0.92	-0.85	-0.83	-0.92	-0.46	-0.93	-0.92	-0.89	-0.52	-0.36	-0.94	-0.92	-0.8	-0.9	-0.38		-0.93	0.9	-0.65	-0.85	-0.71	-0.75	-0.73	-0.53
Deferred Long Term Liab	0.81	0.82	0.84	0.72	0.68	0.8	0.36	0.81	0.79	0.75	0.4	0.25	0.83	0.82	0.63	0.75	0.38	-0.93		-0.86	0.62	0.84	0.67	0.66	0.62	0.46
Long Term Investments	-0.79	-0.77	-0.78	-0.85	-0.66	-0.73	-0.41	-0.76	-0.74	-0.7	-0.46	-0.34	-0.8	-0.74	-0.59	-0.71	-0.43	0.9	-0.86		-0.36	-0.63	-0.54	-0.57	-0.55	-0.45
Short Long Term Debt	0.78	0.72	0.74	0.6	0.82	0.82	0.49	0.81	0.82	0.85	0.54	0.42	0.73	0.78	0.83	0.82	0.12	-0.65	0.62	-0.36		0.89	0.9	0.93	0.87	0.68
Long Term Debt Total	0.88	0.84	0.89	0.71	0.81	0.89	0.44	0.9	0.88	0.88	0.5	0.35	0.86	0.86	0.88	0.89	0.25	-0.85	0.84	-0.63	0.89		0.93	0.9	0.86	0.63
Capital Surpluse	0.83	0.81	0.81	0.74	0.83	0.83	0.63	0.84	0.85	0.87	0.65	0.55	0.82	0.81	0.91	0.87	0.19	-0.71	0.67	-0.54	0.9	0.93		0.96	0.94	0.81
Net Invested Capital	0.89	0.81	0.82	0.81	0.92	0.89	0.64	0.9	0.91	0.92	0.71	0.6	0.86	0.86	0.93	0.92	0.19	-0.75	0.66	-0.57	0.93	0.9	0.96		0.98	0.82
Net Working Capital	0.87	0.78	0.77	0.79	0.89	0.85	0.64	0.87	0.88	0.88	0.71	0.6	0.84	0.84	0.93	0.91	0.18	-0.73	0.62	-0.55	0.87	0.86	0.94	0.98		0.82
Capital Stock	0.71	0.54	0.64	0.77	0.84	0.68	0.91	0.68	0.74	0.74	0.96	0.93	0.76	0.74	0.78	0.73	0.13	-0.53	0.46	-0.45	0.68	0.63	0.81	0.82	0.82

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Formula Systems

Working Capital Over Time

Formula Capital Surpluse

Capital Surpluse

113.5 Million

At this time, Formula Systems' Capital Surpluse is fairly stable compared to the past year.

According to the company's disclosures, Formula Systems 1985 has a Working Capital of 370.13 M. This is 96.22% lower than that of the IT Services sector and 67.24% lower than that of the Information Technology industry. The working capital for all United States stocks is 74.96% higher than that of the company.

Formula Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Formula Systems' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Formula Systems could also be used in its relative valuation, which is a method of valuing Formula Systems by comparing valuation metrics of similar companies.

Formula Systems is currently under evaluation in working capital category among related companies.

Formula Systems Current Valuation Drivers

We derive many important indicators used in calculating different scores of Formula Systems from analyzing Formula Systems' financial statements. These drivers represent accounts that assess Formula Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Formula Systems' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	613.7M	538.2M	1.0B	999.3M	899.4M	944.4M
Enterprise Value	712.8M	650.8M	1.3B	1.2B	1.1B	1.2B

Formula Fundamentals

	Return On Equity	0.13
	Return On Asset	0.0533
	Profit Margin	0.02 %
	Operating Margin	0.09 %
	Current Valuation	2 B
	Shares Outstanding	15.33 M
	Shares Owned By Institutions	12.59 %
	Number Of Shares Shorted	1.34 K
	Price To Earning	27.39 X
	Price To Book	2.08 X
	Price To Sales	0.46 X
	Revenue	2.62 B
	Gross Profit	622.47 M
	EBITDA	285.77 M
	Net Income	64.01 M
	Cash And Equivalents	451.47 M
	Cash Per Share	29.52 X
	Total Debt	669.99 M
	Debt To Equity	0.57 %
	Current Ratio	1.32 X
	Book Value Per Share	40.90 X
	Cash Flow From Operations	239.14 M
	Short Ratio	3.30 X
	Earnings Per Share	4.12 X
	Number Of Employees	22 K
	Beta	0.46
	Market Capitalization	1.18 B
	Total Asset	2.82 B
	Retained Earnings	419.45 M
	Working Capital	370.13 M
	Current Asset	357.48 M
	Current Liabilities	211.81 M
	Annual Yield	0.02 %
	Five Year Return	1.41 %
	Net Asset	2.82 B
	Last Dividend Paid	1.28

About Formula Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Formula Systems 1985's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Formula Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Formula Systems 1985 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Formula Systems 1985 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Formula Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Formula Systems 1985 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Formula Systems 1985 Stock:

How To Invest In Formula

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Is Formula Stock a good investment?

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What is Formula Systems' Net Worth?

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Check out Formula Systems Piotroski F Score and Formula Systems Altman Z Score analysis.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.

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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.

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Formula Systems 1985 Stock Working Capital

Formula Systems 1985 Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current Formula Systems Working Capital

Formula Working Capital Driver Correlations

Formula Capital Surpluse

Capital Surpluse

113.5 Million

Formula Working Capital Peer Comparison

Formula Systems Current Valuation Drivers

Formula Fundamentals

About Formula Systems Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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