Debt-to-equity of Fortune Valley Treasures, Inc. from 31 May 2017 to 30 Jun 2024

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
Fortune Valley Treasures, Inc. quarterly Debt-to-equity in % history and change rate from 31 May 2017 to 30 Jun 2024.
  • Fortune Valley Treasures, Inc. Debt-to-equity for the quarter ending 30 Jun 2024 was 202%, a 424% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

Fortune Valley Treasures, Inc. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q2 2024 202% +164% +424% 30 Jun 2024
Q1 2024 110% +80% +261% 31 Mar 2024
Q4 2023 71% +47% +187% 31 Dec 2023
Q3 2023 52% +30% +139% 30 Sep 2023
Q2 2023 39% +15% +60% 30 Jun 2023
Q1 2023 30% +3% +12% 31 Mar 2023
Q4 2022 25% -6% -18% 31 Dec 2022
Q3 2022 22% -12% -35% 30 Sep 2022
Q2 2022 24% -65% -73% 30 Jun 2022
Q1 2022 27% -114% -81% 31 Mar 2022
Q4 2021 30% -351% -92% 31 Dec 2021
Q3 2021 33% +452% 30 Sep 2021
Q2 2021 89% +222% 30 Jun 2021
Q1 2021 141% +285% 31 Mar 2021
Q4 2020 382% +546% 31 Dec 2020
Q3 2020 -419% -237% -130% 30 Sep 2020
Q2 2020 -133% +68% +34% 30 Jun 2020
Q1 2020 -144% +74% +34% 31 Mar 2020
Q4 2019 -164% +63% +28% 31 Dec 2019
Q3 2019 -182% +87% +32% 30 Sep 2019
Q2 2019 -201% +68% +25% 30 Jun 2019
Q1 2019 -218% +54% +20% 31 Mar 2019
Q4 2018 -227% +3% +1.1% 31 Dec 2018
Q3 2018 -269% -134% -99% 30 Sep 2018
Q2 2018 -269% -101% -60% 30 Jun 2018
Q1 2018 -272% 31 Mar 2018
Q4 2017 -230% 31 Dec 2017
Q3 2017 -135% 31 Aug 2017
Q2 2017 -168% 31 May 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.