Future FinTech (FTFT) Debt Ratio (2013 - 2023)
Future FinTech's quarterly Debt Ratio came in at 0.1 in Q3 2023, up 1798.01% year-on-year from 0.01 in Q3 2022, and up 28.9% quarter-over-quarter from 0.08 in Q2 2023.
Future FinTech has reported Debt Ratio for 11 years, with the latest figure at 0.1 in Q3 2023.
- For the quarter ending Q3 2023, Debt Ratio rose 1798.01% year-over-year to 0.1; the trailing twelve-month figure through Sep 2023 stood at 0.1 (up 1798.01% YoY), and the FY2022 full-year result was 0.09, up 308.93% from the prior year.
- Debt Ratio for Q3 2023 stood at 0.1, up from 0.08 in the prior quarter.
- The five-year high for Debt Ratio was 0.51 in Q3 2019, with the low at 0.01 in Q3 2022.
- Average Debt Ratio over 5 years is 0.13, with a median of 0.08 recorded in 2023.
- Year-over-year, Debt Ratio slumped 98.45% in 2019 and soared 1798.01% in 2023.
- Tracing FTFT's Debt Ratio over 5 years: stood at 0.01 in 2019, then soared by 1192.8% to 0.11 in 2020, then plunged by 79.52% to 0.02 in 2021, then soared by 308.93% to 0.09 in 2022, then grew by 16.65% to 0.1 in 2023.
- The last three Debt Ratio figures came in at 0.1 (Q3 2023), 0.08 (Q2 2023), and 0.09 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.08 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.13 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.24 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.03 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.06 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.16 |
| 10 | Future FinTech | 2.28 Mn | 2.28 Mn | 73,203.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.02 |
| Dec 31, 2020 | 0.11 |
| Sep 30, 2020 | 0.06 |
| 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 |
| Dec 31, 2017 | 0.12 |
| Sep 30, 2017 | 0.00 |
| Jun 30, 2017 | 0.00 |
| Mar 31, 2017 | 0.00 |
| Dec 31, 2016 | 0.00 |
| Dec 31, 2015 | 0.00 |
| Sep 30, 2015 | 0.03 |
| Jun 30, 2015 | 0.03 |
| Mar 31, 2015 | 0.03 |
| Dec 31, 2014 | 0.03 |
| Sep 30, 2014 | 0.03 |
| Jun 30, 2014 | 0.03 |
| Mar 31, 2014 | 0.03 |
| Dec 31, 2013 | 0.03 |