Formula Systems Balance Sheet - Annual (NASDAQ:FORTY)

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$34.5 $1.5 (4.17%) FORTY stock closing price Mar 20, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Formula Systems, and helps in stock analysis. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Formula Systems stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. The Formula Systems balance sheet for 2016 shows total assets of $1.36B. The company has a asset turnover ratio of 0.95. Also see: Formula Systems revenue and Formula Systems operating cash flow for the same year.

View latest 10 year balance sheet data to check Formula Systems financial performance.
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Marketable Securities37.52M11.02M22.23M17.95M14.86M19.51M38.19M58.41M46.15M
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets--36.5M37.68M38.86M33.63M23.14M22.08M16.13M
Total Current Assets
Property Plant & Equipment84.45M25.86M-------
Accumulated Depreciation58.32M11.66M-------
Net Property Plant & Equipment
Investment & Advances41.3M451.43M202.89M162.1M3.35M79.85M3.2M13.21M19.53M
Other Non-Current Assets------2.82M--
Deferred Charges15.22M13.16M12.73M13.15M47.06M11.63M13.13M--
Deposits & Other Assets14.39M63.57M75.59M76.9M72.08M53.39M60.77M229.85M84.67M
Total Assets
Notes Payable--41.81M35.63M39.34M16.64M6.68M24.48M15.88M
Accounts Payable122M74.82M52.33M52.64M51.94M40.34M53.17M43.77M57.24M
Current Portion Long-Term Debt3.27M--------
Current Portion Capital Leases---------
Accrued Expenses90.7M51.39M--62.08M41M40.7M--
Income Taxes Payable---------
Other Current Liabilities143.05M85.6M131.68M131.04M69.91M83.17M77.42M91.65M117.05M
Total Current Liabilities
Deferred Taxes/Income35.63M71.4M35.95M4.99M9.33M6.93M2.65M2.2M4.5M
Convertible Debt---------
Long-Term Debt55.44M58.28M108.2M62.44M64.65M49.7M31.85M43.91M56M
Non-Current Capital Leases----1.73M----
Other Long-Term Liabilities140.8M173.15M85.07M93.7M91.12M67.74M76.88M65.08M68.56M
Total Liabilities
Minority Interest43.55M10.02M------107.43M
Preferred Stock---------
Common Stock Net4.18M4.18M4.18M-3.87M3.87M3.8M-3.73M
Capital Surplus100.57M130.52M136.03M-132.76M135.67M136.22M-132.58M
Retained Earnings234.26M318.68M249.99M-115.77M91.67M58.44M-40.97M
Treasury Stock---------
Other Liabilities385.07M89.13M264.34M-238.61M132.71M136.17M--7.1M
Shareholders Equity723.84M542.26M654.56M498.09M490.78M363.67M334.38M295.31M169.93M
Total Liabilities & Shareholders Equity1.36B1.07B1.12B878.55M880.92M669.22M623.76M566.43M596.62M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Formula Systems historical stock prices and the current Formula Systems stock price can tell you how the stock price has moved, whereas the Formula Systems PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Formula Systems owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for FORTY stock as of 2016 is $1.36B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Formula Systems for the year 2016 total to $634.47M. Liabilities for a company like Formula Systems include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Formula Systems Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio