Fortune Valley Treasures, Inc. (FVTI) Non Operating Interest Expenses (2018 - 2024)
Fortune Valley Treasures (FVTI) reported Non Operating Interest Expenses of $7,699 for Q2 2024, down 14.1% from $8,964 a year earlier and down 29.0% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Non Operating Interest Expenses (2018 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Non Operating Interest Expenses came in at $38,676, down 0.9% year-over-year; for FY2023, it came in at $38,389, up 22.1% from FY2022.
- Non Operating Interest Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 122.8% (FY2018 to FY2023).
- By year, Non Operating Interest Expenses came in at $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 ranks as the lowest quarterly Non Operating Interest Expenses since Q2 2022.
- Year over year, Non Operating Interest Expenses gained in five of the last eight quarters, with growth averaging 54.9%.
- The high point for year-over-year Non Operating Interest Expenses in five years was Q4 2022 (growth of 159.0%); the low point was Q2 2022 (a decline of 18.0%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $10,844 (Q1 2024), $9,843 (Q4 2023) and $10,290 (Q3 2023).
Peer Comparison
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 |
Fortune Valley Treasures, Inc. Non Operating 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=non-operating-interest-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();