Market Cap : 91.11 M | Enterprise Value : 92.16 M | PE Ratio : 60.63 | PB Ratio : 9.88 |
---|
OTCPK:FVTI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
OTCPK:FVTI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Fortune Valley Treasures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.73 Mil. Fortune Valley Treasures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.47 Mil. Fortune Valley Treasures's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $9.22 Mil. Fortune Valley Treasures's debt to equity for the quarter that ended in Mar. 2022 was 0.13.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Fortune Valley Treasures's Debt-to-Equity or its related term are showing as below:
During the past 7 years, the highest Debt-to-Equity Ratio of Fortune Valley Treasures was 0.13. The lowest was -0.42. And the median was 0.07.
FVTI's Debt-to-Equity is ranked better thanThe historical data trend for Fortune Valley Treasures's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Retail subindustry, Fortune Valley Treasures's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Retail - Cyclical industry and Consumer Cyclical sector, Fortune Valley Treasures's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Fortune Valley Treasures's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Fortune Valley Treasures's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0.257 | + | 0.507) | / | 9.06 | |
= | 0.08 |
Fortune Valley Treasures's Debt to Equity Ratio for the quarter that ended in Mar. 2022 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0.729 | + | 0.467) | / | 9.217 | |
= | 0.13 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Fortune Valley Treasures's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Lin Kaihong | director, officer: CFO, Treasurer, Director | NO. 10 OF TUANJIE 2ND ROAD BEICE, HUMEN DONGGUAN, GUANGDONG F4 518000 |
Shen Xinlong | director, 10 percent owner, officer: CEO, CFO | 19F, LIANHE TOWER, 1069 NANHAI AVE, NANSHAN DISTRICT SHENZHEN F4 518000 |
No Headlines