Formula Interest Expense from 2010 to 2024

FORTY Stock  USD 94.75  1.28  1.37%   
Formula Systems Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
3.8 M
Current Value
5.8 M
Quarterly Volatility
2.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Formula Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formula Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 127.9 M, Interest Expense of 40.3 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0089 or PTB Ratio of 0.98. Formula financial statements analysis is a perfect complement when working with Formula Systems Valuation or Volatility modules.
  
Check out the analysis of Formula Systems Correlation against competitors.

Latest Formula Systems' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Formula Systems 1985 over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Formula Systems' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Formula Systems' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Formula Interest Expense Regression Statistics

Arithmetic Mean16,531,427
Geometric Mean12,825,701
Coefficient Of Variation72.33
Mean Deviation10,035,255
Median11,586,000
Standard Deviation11,956,358
Sample Variance143T
Range35.4M
R-Value0.88
Mean Square Error34.3T
R-Squared0.78
Significance0.000014
Slope2,356,756
Total Sum of Squares2001.4T

Formula Interest Expense History

202440.3 M
202338.4 M
202219.9 M
202124 M
202026.9 M
201918.7 M
20188.3 M

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense38.4 M40.3 M

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Additional 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.