Formula Net Working Capital from 2010 to 2024

FORTY Stock  USD 70.69  1.62  2.35%   
Formula Systems Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 362.9 M in 2024. During the period from 2010 to 2024, Formula Systems Net Working Capital regression line of annual values had r-squared of  0.70 and arithmetic mean of  300,340,136. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
390.2 M
Current Value
362.9 M
Quarterly Volatility
53.8 M
 
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 31.1 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0094 or PTB Ratio of 1.06. 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Formula Systems 1985 over the last few years. It is Formula Systems' Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Formula Net Working Capital Regression Statistics

Arithmetic Mean300,340,136
Geometric Mean296,146,973
Coefficient Of Variation17.90
Mean Deviation47,884,982
Median261,854,000
Standard Deviation53,752,301
Sample Variance2889.3T
Range134.9M
R-Value0.84
Mean Square Error937.6T
R-Squared0.70
Significance0.0001
Slope10,046,623
Total Sum of Squares40450.3T

Formula Net Working Capital History

2024362.9 M
2023390.2 M
2022370.1 M
2021356.5 M
2020381.1 M
2019294.1 M
2018255.3 M

About Formula Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Formula Systems income statement, its balance sheet, and the statement of cash flows. Formula Systems investors use historical funamental indicators, such as Formula Systems's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Formula Systems investors may use each financial statement separately, they are all related. The changes in Formula Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Formula Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Formula Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Formula Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital390.2 M362.9 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.