Fortune Valley Treasures Balance Sheet Health
Financial Health criteria checks 1/6
Fortune Valley Treasures has a total shareholder equity of $116.0K and total debt of $638.7K, which brings its debt-to-equity ratio to 550.6%. Its total assets and total liabilities are $4.6M and $4.5M respectively.
Key information
550.6%
Debt to equity ratio
US$638.66k
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.41k |
| Equity | US$116.00k |
| Total liabilities | US$4.48m |
| Total assets | US$4.60m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FVTI's short term assets ($3.7M) do not cover its short term liabilities ($4.2M).
Long Term Liabilities: FVTI's short term assets ($3.7M) exceed its long term liabilities ($326.4K).
Debt to Equity History and Analysis
Debt Level: FVTI's net debt to equity ratio (544.2%) is considered high.
Reducing Debt: FVTI's debt to equity ratio has increased from 0% to 550.6% 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 less than a year of cash runway 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 1.7% each year.