>
Switch to:

Fortune Valley Treasures Equity-to-Asset

: 0.80 (As of Mar. 2022)
View and export this data going back to 2016. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortune Valley Treasures's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $9.22 Mil. Fortune Valley Treasures's Total Assets for the quarter that ended in Mar. 2022 was $11.52 Mil. Therefore, Fortune Valley Treasures's Equity to Asset Ratio for the quarter that ended in Mar. 2022 was 0.80.

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

FVTI' s Equity-to-Asset Range Over the Past 10 Years
Min: -18.17   Med: -0.99   Max: 0.8
Current: 0.8

During the past 7 years, the highest Equity to Asset Ratio of Fortune Valley Treasures was 0.80. The lowest was -18.17. And the median was -0.99.

FVTI's Equity-to-Asset is ranked better than
90.83% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs FVTI: 0.80

Fortune Valley Treasures Equity-to-Asset Historical Data

The historical data trend for Fortune Valley Treasures's Equity-to-Asset 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
Equity-to-Asset
Premium Member Only Premium Member Only -18.17 -1.11 -3.94 0.73 0.78

Fortune Valley Treasures Quarterly Data
May17 Aug17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.73 0.73 0.78 0.80

Competitive Comparison

For the Specialty Retail subindustry, Fortune Valley Treasures's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Fortune Valley Treasures's Equity-to-Asset distribution charts can be found below:

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



Fortune Valley Treasures Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Fortune Valley Treasures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=9.06/11.689
=0.78

Fortune Valley Treasures's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=9.217/11.523
=0.80

* 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.


Fortune Valley Treasures  (OTCPK:FVTI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Fortune Valley Treasures Equity-to-Asset Related Terms

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


Fortune Valley Treasures Business Description

Fortune Valley Treasures logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 445310 SIC : 5921
Traded in Other Exchanges
N/A
Address
Qiaoxiang Road, Shahe Street, 13th Floor, Building B1, Wisdom Plaza, Nanshan District, Guangdong, Shenzhen, CHN, 518000
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 into 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
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

Fortune Valley Treasures Headlines

No Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)