Fortune Valley Treasures (Fortune Valley Treasures) Debt-to-EBITDA

: -0.10 (As of Dec. 2023)

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Debt-to-EBITDA measures a company's ability to pay off its debt.

Fortune Valley Treasures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.60 Mil. Fortune Valley Treasures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.41 Mil. Fortune Valley Treasures's annualized EBITDA for the quarter that ended in Dec. 2023 was $-9.77 Mil. Fortune Valley Treasures's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.10.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Fortune Valley Treasures's Debt-to-EBITDA or its related term are showing as below:

FVTI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.79 Med: -0.26 Max: 0.25
Current: -0.26

During the past 9 years, the highest Debt-to-EBITDA Ratio of Fortune Valley Treasures was 0.25. The lowest was -0.79. And the median was -0.26.

FVTI's Debt-to-EBITDA is ranked worse than
100% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 1.67 vs FVTI: -0.26

Fortune Valley Treasures Debt-to-EBITDA Historical Data

The historical data trend for Fortune Valley Treasures's Debt-to-EBITDA 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.

* Premium members only.

Fortune Valley Treasures Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.30

-0.22

0.25

-0.79

-0.26

Fortune Valley Treasures Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.06	6.11	-1.13	-0.36	-0.10

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Fortune Valley Treasures Debt-to-EBITDA Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortune Valley Treasures's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fortune Valley Treasures's Debt-to-EBITDA falls into.

Fortune Valley Treasures Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Fortune Valley Treasures's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.595	+	0.406)	/	-3.893
	=	-0.26

Fortune Valley Treasures's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.595	+	0.406)	/	-9.772
	=	-0.10

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

Fortune Valley Treasures (OTCPK:FVTI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Fortune Valley Treasures Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Fortune Valley Treasures's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900

Website

http://www.fvti.show

Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.

Executives

Kaihong Lin	director, officer: CFO, Treasurer, Director	NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen	director, officer: CEO, CFO	19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

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