Future FinTech (FTFT) Debt Ratio (2013 - 2023)
Future FinTech (FTFT) recorded quarterly Debt Ratio of 0.1 in Q3 2023, up 28.9% quarter-over-quarter from 0.08 in Q2 2023, and up 1798.01% on a YoY basis from 0.01 in Q3 2022.
Future FinTech (FTFT) Debt Ratio (2013 - 2023) Analysis & Trends
Future FinTech's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.1 for Q3 2023.
- In Q3 2023, Debt Ratio rose 1798.01% year-over-year to 0.1; the TTM figure through Sep 2023 stood at 0.1 (up 1798.01% YoY), while the FY2022 annual figure was 0.09, up 308.93% from the prior year.
- Debt Ratio was 0.1 for Q3 2023 at Future FinTech, up from 0.08 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.51 in Q3 2019 to a low of 0.01 in Q3 2022.
- Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.08 in 2023.
- The sharpest annual moves came in 2019 and 2023: Debt Ratio slumped 98.45% in 2019, then jumped 1798.01% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.01 in 2019, then surged by 1192.8% to 0.11 in 2020, then sank by 79.52% to 0.02 in 2021, then surged by 308.93% to 0.09 in 2022, then climbed 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.37 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.24 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.06 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.06 |
| 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 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.05 |
| 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 | 0.08 |
| 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 |