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

Future FinTech (FTFT) posted quarterly Debt Ratio of 0.01 for Q4 2022, down 32.07% year-over-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.

  • In Q4 2022, Debt Ratio fell 32.07% year-over-year to 0.01; the TTM figure through Dec 2022 stood at 0.01 (down 32.07% YoY), while the FY2022 annual figure was 0.01, down 32.07% from the prior year.
  • Debt Ratio for Q4 2022 stood at 0.01, down from 0.03 in the prior quarter.
  • The five-year high for Debt Ratio was 0.53 in Q4 2018, with the low at 0.0 in Q3 2021.
  • The 5-year median for Debt Ratio is 0.08 (2020), against an average of 0.15.
  • The sharpest annual moves came in 2018 and 2019: Debt Ratio soared 789243.19% in 2018, then sank 98.45% in 2019.
  • Future FinTech's Debt Ratio stood at 0.53 in 2018, then tumbled by 98.45% to 0.01 in 2019, then jumped by 1192.8% to 0.11 in 2020, then plunged by 87.71% to 0.01 in 2021, then tumbled by 32.07% to 0.01 in 2022.
  • Business Quant data shows FTFT's Debt Ratio at 0.01 in Q4 2022, 0.03 in Q3 2022, and 0.0 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.11
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.37
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 0.22
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.24
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.08
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.22
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.18
10 Future FinTech 1.09 Mn -2.59 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