Fortune Valley Treasures Balance Sheet Health
Financial Health criteria checks 4/6
Fortune Valley Treasures has a total shareholder equity of $2.0M and total debt of $670.1K, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $6.2M and $4.3M respectively.
Key information
33.7%
Debt to equity ratio
US$670.07k
Debt
Interest coverage ratio | n/a |
Cash | US$288.26k |
Equity | US$1.99m |
Total liabilities | US$4.26m |
Total assets | US$6.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FVTI's short term assets ($5.1M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: FVTI's short term assets ($5.1M) exceed its long term liabilities ($406.4K).
Debt to Equity History and Analysis
Debt Level: FVTI's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: FVTI's debt to equity ratio has increased from 0% to 33.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FVTI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FVTI has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.9% each year.