Fortune Valley Treasures annual net debt
2019
2020
2021
2022
2023
Fortune Valley Treasures Net Debt Growth & History (FVTI)
Fortune Valley Treasures's net debt was $1.2M for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $1.2M | $60,914 | +5.49% |
| 2022 | 2022-12-31 | $1.1M | $367,636 | +49.53% |
| 2021 | 2021-12-31 | $742,266 | $330,588 | +80.30% |
| 2020 | 2020-12-31 | $411,678 | $337,911 | +458.08% |
| 2019 | 2019-12-31 | $73,767 | — | — |
Fortune Valley Treasures quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | $1.3M | $786 | +0.06% |
| Q1 2024 | 2024-03-31 | $1.3M | $3,936 | +0.29% |
| Q4 2023 | 2023-12-31 | $1.2M | $60,914 | +5.49% |
| Q3 2023 | 2023-09-30 | $1.4M | $294,187 | +27.45% |
| Q2 2023 | 2023-06-30 | $1.3M | $383,301 | +43.57% |
| Q1 2023 | 2023-03-31 | $1.3M | $780,563 | +140.83% |
| Q4 2022 | 2022-12-31 | $1.1M | $367,636 | +49.53% |
| Q3 2022 | 2022-09-30 | $1.1M | $497,713 | +86.73% |
| Q2 2022 | 2022-06-30 | $879,656 | $597,475 | +211.73% |
| Q1 2022 | 2022-03-31 | $554,277 | $1.1M | — |
| Q4 2021 | 2021-12-31 | $742,266 | $330,588 | +80.30% |
| Q3 2021 | 2021-09-30 | $573,847 | −$5,764 | −0.99% |
| Q2 2021 | 2021-06-30 | $282,181 | $35,232 | +14.27% |
| Q1 2021 | 2021-03-31 | −$507,081 | −$545,540 | — |
| Q4 2020 | 2020-12-31 | $411,678 | $337,911 | +458.08% |
| Q3 2020 | 2020-09-30 | $579,611 | — | — |
| Q2 2020 | 2020-06-30 | $246,949 | — | — |
| Q1 2020 | 2020-03-31 | $38,459 | — | — |
| Q4 2019 | 2019-12-31 | $73,767 | — | — |
Fortune Valley Treasures net debt trends
Between the periods ended 2019-12-31 and 2023-12-31, Fortune Valley Treasures's net debt increased from $73,767 to $1.2M, a change of $1.1M. The latest reported quarter, Q2 2024, shows $1.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fortune Valley Treasures source filings ↗