Fortune Valley Treasures annual debt-to-assets ratio
2019
2020
2021
2022
2023
Fortune Valley Treasures Debt-to-Assets Ratio Growth & History (FVTI)
Fortune Valley Treasures's debt-to-assets ratio was 0.23 for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.23 | 0.10 | +70.01% |
| 2022 | 2022-12-31 | 0.14 | 0.06 | +85.49% |
| 2021 | 2021-12-31 | 0.07 | 0.01 | +8.14% |
| 2020 | 2020-12-31 | 0.07 | −0.51 | −88.19% |
| 2019 | 2019-12-31 | 0.58 | — | — |
Fortune Valley Treasures quarterly debt-to-assets ratio
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 | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | 0.28 | 0.12 | +77.16% |
| Q1 2024 | 2024-03-31 | 0.26 | 0.12 | +82.46% |
| Q4 2023 | 2023-12-31 | 0.23 | 0.10 | +70.01% |
| Q3 2023 | 2023-09-30 | 0.19 | 0.08 | +72.55% |
| Q2 2023 | 2023-06-30 | 0.16 | 0.07 | +89.55% |
| Q1 2023 | 2023-03-31 | 0.14 | 0.08 | +135.89% |
| Q4 2022 | 2022-12-31 | 0.14 | 0.06 | +85.49% |
| Q3 2022 | 2022-09-30 | 0.11 | 0.04 | +68.43% |
| Q2 2022 | 2022-06-30 | 0.08 | 0.02 | +24.97% |
| Q1 2022 | 2022-03-31 | 0.06 | 0.02 | +33.43% |
| Q4 2021 | 2021-12-31 | 0.07 | 0.01 | +8.14% |
| Q3 2021 | 2021-09-30 | 0.06 | 0.01 | +18.37% |
| Q2 2021 | 2021-06-30 | 0.07 | −0.95 | −93.51% |
| Q1 2021 | 2021-03-31 | 0.05 | −0.32 | −87.46% |
| Q4 2020 | 2020-12-31 | 0.07 | −0.51 | −88.19% |
| Q3 2020 | 2020-09-30 | 0.05 | — | — |
| Q2 2020 | 2020-06-30 | 1.02 | — | — |
| Q1 2020 | 2020-03-31 | 0.37 | — | — |
| Q4 2019 | 2019-12-31 | 0.58 | — | — |
Fortune Valley Treasures debt-to-assets ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Fortune Valley Treasures's debt-to-assets ratio decreased from 0.58 to 0.23, a change of −0.35. The latest reported quarter, Q2 2024, shows 0.28.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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