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| 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 |