FVTI
Price:
$0.0602
Market Cap:
$942.43K
Fortune Valley Treasures, Inc., a food and beverage supply chain company, engages in the wholesale distribution and retail sale of alcoholic beverages in the People's Republic of China. The company offers wine products, including dry red wine, dry white wine, rose wine, and sweet wine; and liquor and spirits. It also provides drinking water distribution and delivery services; and edible oils, condiments, and seasonings, as well as sells house water purification systems and water filtration devices. As of December 31, 2021, the company operated 13 stores. It sells its products through retail customers and wholesale distributors, e-commerce supply chain platform, social media, distributor netw...[Read more]
Industry
Specialty Retail
IPO Date
2017-03-16
Stock Exchange
OTC
Ticker
FVTI
According to Fortune Valley Treasures, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.27. This represents a change of -1.74% compared to the average of 0.28 of the last 4 quarters.
The mean historical Current Ratio of Fortune Valley Treasures, Inc. over the last ten years is 1.88. The current 0.27 Current Ratio has changed 1.35% with respect to the historical average. Over the past ten years (40 quarters), FVTI's Current Ratio was at its highest in in the August 2015 quarter at 3.93. The Current Ratio was at its lowest in in the December 2017 quarter at 0.04.
Average
1.88
Median
1.72
Minimum
0.09
Maximum
3.93
Discovering the peaks and valleys of Fortune Valley Treasures, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.35%
Maximum Annual Current Ratio = 3.93
Minimum Annual Increase = -81.20%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.29 | -78.37% |
| 2023 | 1.32 | -52.28% |
| 2022 | 2.77 | -6.31% |
| 2021 | 2.95 | 39.27% |
| 2020 | 2.12 | 2.35% |
| 2019 | 0.09 | -81.20% |
| 2018 | 0.46 | -57.04% |
| 2017 | 1.07 | -71.65% |
| 2016 | 3.78 | -3.78% |
The current Current Ratio of Fortune Valley Treasures, Inc. (FVTI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.46
5-year avg
1.89
10-year avg
1.88
Fortune Valley Treasures, Inc.’s Current Ratio is greater than Banny Cosmic International Holdings, Inc. (0.03), greater than Omnia Wellness Inc. (0.04), greater than Americana Distribution, Inc. (0.00), less than FansUnite Entertainment Inc. (0.35), greater than Stop Sleep Go Inc. (0.06), less than BRAVADA International Ltd (8.52), greater than Adamas One Corp. (0.20), greater than Artistmss International Group Inc. (0.13), less than Real Luck Group Ltd. (6.27), less than Triumph Apparel Corporation (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.03 | $169.37K | |
| 0.04 | $23.15K | |
| 0.00 | $134.54K | |
| 0.35 | $988.78K | |
| 0.06 | $184.80K | |
| 8.52 | $187.46K | |
| 0.20 | $3.81K | |
| 0.13 | $124.26K | |
| 6.27 | $689.00 | |
| 0 | $6.89K |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Fortune Valley Treasures, Inc. (FVTI)?
What is the 5-year average Current Ratio for Fortune Valley Treasures, Inc. (FVTI)?
How does the current Current Ratio for Fortune Valley Treasures, Inc. (FVTI) compare to its historical average?