Fortune Valley Treasures annual current ratio
2015
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2017
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2021
2022
2023
Fortune Valley Treasures Current Ratio Growth & History (FVTI)
Fortune Valley Treasures's current ratio was 1.32 for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 1.32 | −1.45 | −52.28% |
| 2022 | 2022-12-31 | 2.77 | −0.19 | −6.31% |
| 2021 | 2021-12-31 | 2.95 | 0.83 | +39.27% |
| 2020 | 2020-12-31 | 2.12 | 2.03 | +2350.64% |
| 2019 | 2019-12-31 | 0.09 | −0.37 | −81.20% |
| 2018 | 2018-12-31 | 0.46 | −0.28 | −37.82% |
| 2017 · Dec 31 | 2017-12-31 | 0.74 | — | — |
| 2017 · Aug 31 | 2017-08-31 | 0.05 | −0.33 | −86.64% |
| 2016 | 2016-08-31 | 0.38 | −3.54 | −90.28% |
| 2015 | 2015-08-31 | 3.93 | — | — |
Fortune Valley Treasures quarterly current ratio
As of Aug 31, 2014
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | 0.88 | −1.60 | −64.54% |
| Q1 2024 | 2024-03-31 | 1.07 | −1.66 | −60.80% |
| Q4 2023 | 2023-12-31 | 1.32 | −1.45 | −52.28% |
| Q3 2023 | 2023-09-30 | 2.15 | −1.66 | −43.54% |
| Q2 2023 | 2023-06-30 | 2.48 | −1.21 | −32.87% |
| Q1 2023 | 2023-03-31 | 2.74 | −0.71 | −20.52% |
| Q4 2022 | 2022-12-31 | 2.77 | −0.19 | −6.31% |
| Q3 2022 | 2022-09-30 | 3.81 | 1.49 | +64.27% |
| Q2 2022 | 2022-06-30 | 3.69 | 1.51 | +69.14% |
| Q1 2022 | 2022-03-31 | 3.44 | 1.25 | +56.85% |
| Q4 2021 | 2021-12-31 | 2.95 | 0.83 | +39.27% |
| Q3 2021 | 2021-09-30 | 2.32 | 2.28 | +6056.58% |
| Q2 2021 | 2021-06-30 | 2.18 | 2.09 | +2218.20% |
| Q1 2021 | 2021-03-31 | 2.19 | 2.07 | +1656.41% |
| Q4 2020 | 2020-12-31 | 2.12 | 2.03 | +2350.64% |
| Q3 2020 | 2020-09-30 | 0.04 | −0.19 | −83.11% |
| Q2 2020 | 2020-06-30 | 0.09 | −0.25 | −72.69% |
| Q1 2020 | 2020-03-31 | 0.12 | −0.38 | −75.12% |
| Q4 2019 | 2019-12-31 | 0.09 | −0.37 | −81.20% |
| Q3 2019 | 2019-09-30 | 0.22 | −0.29 | −56.86% |
| Q2 2019 | 2019-06-30 | 0.35 | −0.20 | −37.27% |
| Q1 2019 | 2019-03-31 | 0.50 | −0.15 | −23.54% |
| Q4 2018 | 2018-12-31 | 0.46 | −0.28 | −37.82% |
| Q3 2018 | 2018-09-30 | 0.52 | — | — |
| Q2 2018 | 2018-06-30 | 0.55 | — | — |
| Q1 2018 | 2018-03-31 | 0.66 | — | — |
| Q4 2017 · Dec 31 | 2017-12-31 | 0.74 | — | — |
| Q4 2017 · Aug 31 | 2017-08-31 | 0.05 | −0.33 | −86.64% |
| Q3 2017 | 2017-05-31 | 0.14 | −0.34 | −71.39% |
| Q2 2017 | 2017-02-28 | 0.21 | −0.99 | −82.36% |
| Q1 2017 | 2016-11-30 | 0.20 | −1.41 | −87.71% |
| Q4 2016 | 2016-08-31 | 0.38 | −3.54 | −90.28% |
| Q3 2016 | 2016-05-31 | 0.48 | −3.49 | −88.00% |
| Q2 2016 | 2016-02-29 | 1.20 | −8.65 | −87.79% |
| Q1 2016 | 2015-11-30 | 1.60 | — | — |
| Q4 2015 | 2015-08-31 | 3.93 | −203.54 | −98.11% |
| Q3 2015 | 2015-05-31 | 3.96 | — | — |
| Q2 2015 | 2015-02-28 | 9.86 | — | — |
| As of Aug 31, 2014 | 2014-08-31 | 207.47 | — | — |
Fortune Valley Treasures current ratio trends
Over the last five fiscal years, Fortune Valley Treasures's current ratio increased from 0.46 to 1.32, a change of 0.86. The latest reported quarter, Q2 2024, shows 0.88.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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