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
DateValue
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