Future FinTech (FTFT) Debt to Equity (2013 - 2023)
Future FinTech (FTFT) recorded quarterly Debt to Equity of $0.13 in Q3 2023, up 4.14% quarter-over-quarter from $0.12 in Q2 2023, and up 1775.79% on a YoY basis from $0.01 in Q3 2022.
Future FinTech (FTFT) Debt to Equity (2013 - 2023) Analysis & Trends
Future FinTech's Debt to Equity history runs 11 years deep, the most recent figure standing at $0.13 for Q3 2023.
- In Q3 2023, Debt to Equity rose 1775.79% year-over-year to $0.13; the TTM figure through Sep 2023 stood at $0.13 (up 1775.79% YoY), while the FY2022 annual figure was $0.12, up 366.91% from the prior year.
- Debt to Equity was $0.13 for Q3 2023 at Future FinTech, up from $0.12 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.31 in Q2 2020 to a low of -$0.45 in Q2 2019.
- Historically, Debt to Equity has averaged $0.0 across 5 years, with a median of $0.02 in 2021.
- The sharpest annual moves came in 2019 and 2020: Debt to Equity plunged 122.39% in 2019, then soared 1891.43% in 2020.
- A 5-year view of Debt to Equity shows it stood at -$0.01 in 2019, then jumped by 1891.43% to $0.2 in 2020, then tumbled by 87.27% to $0.02 in 2021, then soared by 366.91% to $0.12 in 2022, then climbed by 8.66% to $0.13 in 2023.
- The last three Debt to Equity figures came in at $0.13 (Q3 2023), $0.12 (Q2 2023), and $0.12 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Future FinTech | 2.28 Mn | 2.28 Mn | 73,203.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.12 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.02 |
| Dec 31, 2020 | 0.20 |
| Sep 30, 2020 | 0.12 |
| Jun 30, 2020 | 0.31 |
| Mar 31, 2020 | 0.11 |
| Dec 31, 2019 | -0.01 |
| Sep 30, 2019 | -0.44 |
| Jun 30, 2019 | -0.45 |
| Mar 31, 2019 | -0.43 |
| Dec 31, 2018 | -0.39 |