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| Date | Value |
|---|---|
| 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 |