Formula Systems (1985) (FRA:FSY) Other Long-Term Liabilities : €34 Mil (As of Sep. 2023)

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What is Formula Systems (1985) Other Long-Term Liabilities?

Formula Systems (1985)'s other long-term liabilities for the quarter that ended in Sep. 2023 was €34 Mil.

Formula Systems (1985)'s quarterly other long-term liabilities declined from Mar. 2023 (€38 Mil) to Jun. 2023 (€33 Mil) but then increased from Jun. 2023 (€33 Mil) to Sep. 2023 (€34 Mil).

Formula Systems (1985)'s annual other long-term liabilities increased from Dec. 2020 (€47 Mil) to Dec. 2021 (€58 Mil) but then declined from Dec. 2021 (€58 Mil) to Dec. 2022 (€36 Mil).

Formula Systems (1985) Other Long-Term Liabilities Historical Data

The historical data trend for Formula Systems (1985)'s Other Long-Term Liabilities 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.

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Formula Systems (1985) Other Long-Term Liabilities Chart

Formula Systems (1985) Annual Data

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Other Long-Term Liabilities

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Formula Systems (1985) Quarterly Data
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Other Long-Term Liabilities	Get a 7-Day Free Trial															-	-	-	-	-

Formula Systems (1985) Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Formula Systems (1985) Other Long-Term Liabilities Related Terms

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Formula Systems (1985) (FRA:FSY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Formula Systems (1985) Ltd (FRA:FSY) » Definitions » Other Long-Term Liabilities

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FORTY:USA FORTY:Israel FSY:Germany

Address

Yahadut Canada 1 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 three primary segments based on the subsidiary. 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, IT technology, and marketing and sales. Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.

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