Fortune Valley Treasures Depreciation & Amortization Growth & History (FVTI)
Fortune Valley Treasures's depreciation and amortization was $243,865 for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $243,865 | −$609,018 | −71.41% |
| 2022 | 2022-12-31 | $852,883 | −$16,524 | −1.90% |
| 2021 | 2021-12-31 | $869,407 | $586,612 | +207.43% |
| 2020 | 2020-12-31 | $282,795 | $281,722 | +26255.55% |
| 2019 | 2019-12-31 | $1,073 | −$2,853 | −72.67% |
| 2018 | 2018-12-31 | $3,926 | −$2,850 | −42.06% |
| 2017 | 2017-12-31 | $6,776 | — | — |
Fortune Valley Treasures quarterly depreciation and amortization
| Fiscal quarter | Period ended | Depreciation and amortization | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | $57,846 | −$2,540 | −4.21% |
| Q1 2024 | 2024-03-31 | $58,560 | −$5,734 | −8.92% |
| Q3 2023 | 2023-09-30 | $59,129 | −$156,194 | −72.54% |
| Q2 2023 | 2023-06-30 | $60,386 | −$148,608 | −71.11% |
| Q1 2023 | 2023-03-31 | $64,294 | −$160,129 | −71.35% |
| Q3 2022 | 2022-09-30 | $215,323 | $3,448 | +1.63% |
| Q2 2022 | 2022-06-30 | $208,994 | −$15,701 | −6.99% |
| Q1 2022 | 2022-03-31 | $224,423 | $22,894 | +11.36% |
| Q3 2021 | 2021-09-30 | $211,875 | $141,233 | +199.93% |
| Q2 2021 | 2021-06-30 | $224,695 | $223,537 | +19303.71% |
| Q1 2021 | 2021-03-31 | $201,529 | $194,700 | +2851.08% |
| Q3 2020 | 2020-09-30 | $70,642 | $70,397 | +28733.47% |
| Q2 2020 | 2020-06-30 | $1,158 | $888 | +328.89% |
| Q1 2020 | 2020-03-31 | $6,829 | $6,553 | +2374.28% |
| Q3 2019 | 2019-09-30 | $245 | −$39 | −13.73% |
| Q2 2019 | 2019-06-30 | $270 | −$1,451 | −84.31% |
| Q1 2019 | 2019-03-31 | $276 | −$1,473 | −84.22% |
| Q3 2018 | 2018-09-30 | $284 | −$1,352 | −82.64% |
| Q2 2018 | 2018-06-30 | $1,721 | $97 | +5.97% |
| Q1 2018 | 2018-03-31 | $1,749 | $133 | +8.23% |
| Q3 2017 · Sep 30 | 2017-09-30 | $1,636 | — | — |
| Q3 2017 · Jun 30 | 2017-06-30 | $1,624 | — | — |
| Q2 2017 | 2017-03-31 | $1,616 | — | — |
Fortune Valley Treasures depreciation and amortization trends
Over the last five fiscal years, Fortune Valley Treasures's depreciation and amortization increased from $3,926 to $243,865, a change of $239,939. The latest reported quarter, Q2 2024, shows $57,846.
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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