Future FinTech (FTFT) Debt Ratio (2013 - 2022)

Future FinTech's (FTFT) quarterly Debt Ratio came in at 0.01 in Q4 2022, down 32.07% year-on-year from 0.01 in Q4 2021, and down 74.04% quarter-over-quarter from 0.03 in Q3 2022.

Future FinTech (FTFT) Debt Ratio (2013 - 2022) Analysis & Trends

Future FinTech's Debt Ratio history runs 10 years deep, the most recent figure standing at 0.01 for Q4 2022.

  • On a quarterly basis, Debt Ratio fell 32.07% year-over-year to 0.01 in Q4 2022; TTM through Dec 2022 was 0.01, a 32.07% decrease from a year earlier, with the FY2022 full-year figure at 0.01, down 32.07% from the prior year.
  • Debt Ratio declined to 0.01 in Q4 2022 per FTFT's latest filing, from 0.03 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.53 in Q4 2018 and bottomed at 0.0 in Q3 2021.
  • The 5-year median for Debt Ratio is 0.08 (2020), against an average of 0.15.
  • Across the five-year window, Debt Ratio soared 789243.19% in 2018 and slumped 98.45% in 2019, its largest moves.
  • Year by year, Debt Ratio stood at 0.53 in 2018, then slumped by 98.45% to 0.01 in 2019, then surged by 1192.8% to 0.11 in 2020, then tumbled by 87.71% to 0.01 in 2021, then slumped by 32.07% to 0.01 in 2022.
  • Per Business Quant, the three latest FTFT Debt Ratio figures stand at 0.01 (Q4 2022), 0.03 (Q3 2022), and 0.0 (Q2 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Future FinTech 63,061.74 -3.62 Mn 73,203.00 -

Historic Data

Download Data
DateValue
Dec 31, 2022 0.01
Sep 30, 2022 0.03
Jun 30, 2022 0.00
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.00
Jun 30, 2021 0.02
Mar 31, 2021 0.02
Dec 31, 2020 0.11
Sep 30, 2020 0.08
Jun 30, 2020 0.19
Mar 31, 2020 0.07
Dec 31, 2019 0.01
Sep 30, 2019 0.51
Jun 30, 2019 0.51
Mar 31, 2019 0.51
Dec 31, 2018 0.53
Sep 30, 2018 0.16
Jun 30, 2018 0.15
Mar 31, 2018 0.12