Formula Net Tangible Assets from 2010 to 2024

FORTY Stock  USD 96.50  3.03  3.24%   
Formula Systems Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about -562.2 M in 2024. Net Tangible Assets is the total assets of Formula Systems 1985 minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2013-12-31
Previous Quarter
-594.9 M
Current Value
-527.2 M
Quarterly Volatility
153.8 M
 
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' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Formula Systems 1985 over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Formula Systems' Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Formula Net Tangible Assets Regression Statistics

Arithmetic Mean(315,663,098)
Coefficient Of Variation(83.56)
Mean Deviation227,474,091
Median(422,053,000)
Standard Deviation263,769,444
Sample Variance69574.3T
Range686.1M
R-Value(0.94)
Mean Square Error8118.7T
R-Squared0.89
Slope(55,693,592)
Total Sum of Squares974040.5T

Formula Net Tangible Assets History

2024-562.2 M
2023-535.4 M
2022-594.9 M
2021-633.8 M
2020-591.5 M
2019-467.8 M
2018-423.6 M

About Formula Systems Financial Statements

Formula Systems investors use historical fundamental indicators, such as Formula Systems' Net Tangible Assets, 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
Net Tangible Assets-535.4 M-562.2 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.