Fortune Valley Treasures, Inc. (FVTI) Interest Expenses (2018 - 2024)
Fortune Valley Treasures' Interest Expenses was $7,699 in Q2 2024, down 14.1% from $8,964 a year earlier and down 29.0% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Interest Expenses (2018 - 2024) Analysis & Trends
On a trailing twelve-month basis, Fortune Valley Treasures' Interest Expenses was $38,676 through Jun 30, 2024, down 0.9% year-over-year; for FY2023, it was $38,389, up 22.1% from FY2022.
- Interest Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 122.8% (FY2018 to FY2023).
- In earlier years, Interest Expenses was $31,444 in FY2022 (+76.5%), $17,816 in FY2021 (+24.4%), $14,325 in FY2020 and $11.00 in FY2019 (-98.4%).
- The Q2 2024 figure marks the lowest quarterly Interest Expenses since Q2 2022.
- Compared with a year earlier, Interest Expenses was higher in five of the last eight quarters, with growth averaging 54.9%.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2022 (growth of 159.0%); the worst was Q2 2022 (a decline of 18.0%).
- Per Business Quant data, FVTI's Interest Expenses in the three quarters before Q2 2024 was $10,844 (Q1 2024), $9,843 (Q4 2023) and $10,290 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 7,699.00 |
| Mar 31, 2024 | 10,844.00 |
| Dec 31, 2023 | 9,843.00 |
| Sep 30, 2023 | 10,290.00 |
| Jun 30, 2023 | 8,964.00 |
| Mar 31, 2023 | 9,292.00 |
| Dec 31, 2022 | 10,367.00 |
| Sep 30, 2022 | 10,388.00 |
| Jun 30, 2022 | 4,864.00 |
| Mar 31, 2022 | 5,825.00 |
| Dec 31, 2021 | 4,002.00 |
| Sep 30, 2021 | 4,327.00 |
| Jun 30, 2021 | 5,934.00 |
| Mar 31, 2021 | 3,553.00 |
| Dec 31, 2020 | 4,124.00 |
| Sep 30, 2020 | 5,221.00 |
| Jun 30, 2020 | 4,862.00 |
| Mar 31, 2020 | 118.00 |
| Dec 31, 2019 | -360.00 |
| Sep 30, 2019 | 100.00 |
API Access
Fortune Valley Treasures, Inc. Interest Expenses 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=interest-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();