Future FinTech (FTFT) Goodwill impairment charges (2019 - 2023)
Future FinTech's Goodwill impairment charges was $3,872 in Q3 2023, down 98.3% from $228,963 a year earlier.
Future FinTech (FTFT) Goodwill impairment charges (2019 - 2023) Analysis & Trends
On a trailing twelve-month basis, Future FinTech's Goodwill impairment charges was $3 million through Sep 30, 2023, down 17.8% year-over-year; for FY2022, it was $3.25 million, up 315.6% from FY2021.
- Goodwill impairment charges shows a five-year compound annual growth rate of -48.5% (FY2017 to FY2022).
- In earlier years, Goodwill impairment charges was $781,733 in FY2021 (-55.6%), $1.76 million in FY2020 (-36.1%), $2.75 million in FY2019 (-98.5%) and $178.3 million in FY2018 (+98.8%).
- The Q3 2023 figure marks the lowest quarterly Goodwill impairment charges since Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Future FinTech | 1.30 Mn | -11.26 Mn | 193,832.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 3,872.00 |
| Dec 31, 2022 | 2.32 Mn |
| Sep 30, 2022 | 228,963.00 |
| Jun 30, 2022 | 448,611.00 |
| Mar 31, 2022 | 248,512.00 |
| Dec 31, 2019 | 2.73 Mn |
| Sep 30, 2019 | 45,886.00 |
| Jun 30, 2019 | -433.00 |
| Mar 31, 2019 | -22,753.00 |
Future FinTech Goodwill impairment charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-impairment-charges&ticker=FTFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-impairment-charges", "ticker": "FTFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-impairment-charges&ticker=FTFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();