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
-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
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
* 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 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.
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