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Equity | 12 Months Ended
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Dec. 31, 2021
Disclosure of share capital, reserves and other equity interest [text block] [Abstract] |
EQUITY | Note 20:- equity The composition of the Company’s share capital is as follows:
|  | December 31, 2021 |  |  | December 31, 2020 |
|  | Authorized |  |  | Issued |  |  | Outstanding |  |  | Authorized |  |  | Issued |  |  | Outstanding |
Ordinary shares, NIS 1 par value each |  |  | 25,000,000 |  |  |  | 15,862,887 |  |  |  | 15,294,267 |  |  |  | 25,000,000 |  |  |  | 15,862,887 |  |  |  | 15,294,267 |
| a. | Formula’s ordinary shares, par value NIS 1 per share, are traded on the TASE, and Formula’s ADSs, each representing one ordinary share, are traded on the NASDAQ.
| b. | Formula holds 568,620 of its own ordinary shares.
| c. | In August 2019, Formula declared a cash dividend of approximately $7,953 (or $0.52 per share) to shareholders of record on September 12, 2019 that was paid on September 25, 2019.
| d. | In November 2019, Formula declared a cash dividend of approximately NIS 24,471 (approximately $7,079) or NIS 1.6 per share (approximately $0.46 per share) to shareholders of record on December 24, 2019 that was paid on January 8, 2020.
| e. | In August 2020, Formula declared a cash dividend of approximately NIS 27,071 (approximately $7,960) or NIS 1.77 per share (approximately $0.52 per share) to shareholders of record on September 3, 2020 that was paid on September 16, 2020.
| f. | In February 2021, Formula declared a cash dividend of approximately NIS 33,036 (approximately $10,155) or NIS 2.16 per share (approximately $0.66 per share) to shareholders of record on February 18, 2021 that was paid on March 4, 2021.
| g. | In August 2021, Formula declared a cash dividend of approximately NIS 38,694 (approximately $11,932) or NIS 2.53 per share (approximately $0.78 per share) to shareholders of record on September 1, 2021 that was paid on September 22, 2021.
| h. | For information concerning Formula’s employees and officers share-based plans, see Note 17.

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- Definition The entire disclosure for share capital, reserves and other equity interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 79 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_79&doctype=Standard -URIDate 2021-03-24 + Details
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