Formula Systems (1985) (XTAE:FORTY) Other Long-Term Liabilities : ₪217 Mil (As of Mar. 2025)

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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 Mar. 2025 was ₪217 Mil.

Formula Systems (1985)'s quarterly other long-term liabilities increased from Sep. 2024 (₪109 Mil) to Dec. 2024 (₪179 Mil) and increased from Dec. 2024 (₪179 Mil) to Mar. 2025 (₪217 Mil).

Formula Systems (1985)'s annual other long-term liabilities declined from Dec. 2022 (₪134 Mil) to Dec. 2023 (₪130 Mil) but then increased from Dec. 2023 (₪130 Mil) to Dec. 2024 (₪179 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

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Other Long-Term Liabilities

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199.51

229.63

133.60

130.25

178.71

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 Liabilities	Get a 7-Day Free Trial															97.70	90.97	108.68	178.71	216.63

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) Business Description

Industry

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

Comparable Companies

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.