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Formula Systems (1985) (XTAE:FORTY) Other Long Term Assets : ₪125 Mil (As of Mar. 2025)


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What is Formula Systems (1985) Other Long Term Assets?

Formula Systems (1985)'s other long-term assets for the quarter that ended in Mar. 2025 was ₪125 Mil.

Formula Systems (1985)'s quarterly other long-term assets increased from Sep. 2024 (₪115 Mil) to Dec. 2024 (₪219 Mil) but then stayed the same from Dec. 2024 (₪219 Mil) to Mar. 2025 (₪125 Mil).

Formula Systems (1985)'s annual other long-term assets increased from Dec. 2022 (₪232 Mil) to Dec. 2023 (₪261 Mil) but then declined from Dec. 2023 (₪261 Mil) to Dec. 2024 (₪219 Mil).

Formula Systems (1985) Other Long Term Assets Historical Data

The historical data trend for Formula Systems (1985)'s Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formula Systems (1985) Other Long Term Assets Chart

Formula Systems (1985) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Long Term Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.26 242.87 232.22 260.74 219.20

Formula Systems (1985) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Other Long Term Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 181.88 163.07 114.83 219.20 124.81

Formula Systems (1985) Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Formula Systems (1985) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (XTAE:FORTY) » Definitions » Other Long Term Assets
Comparable Companies
XTAE:HLAN XTAE:MTRX XTAE:MGIC XTAE:MLTM XTAE:CMDR XTAE:MLTH XTAE:EMCO XTAE:SPDV XTAE:TNDO XTAE:UPSL IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH TSE:6702 FIS TSE:9613 CTSH
Traded in Other Exchanges
FORTY:USA FSY:Germany
Address
Terminal Center, 1 Yahadut Canada Street, Or Yehuda, Tel Aviv, ISR, 6037501
Website
https://www.formulasystems.com
Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources, Michpal, ZAP Group, and Others. The majority of the company's revenue comes from Israel.