FVTI · Fortune Valley Treasures, Inc. · Debt
$0.06
At close · Aug 13
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 14, 2024
Substantial doubt about the company's ability to continue as a going concern.
“We estimate the Company currently has insufficient working capital to support its daily operations for the next twelve months, without raising additional capital. ... If we are unable to generate sufficient profits from operations or obtain additional equity or debt financing as required, there could be substantial uncertainty regarding our ability to continue as a going concern.”View the 10-Q filed Aug 14, 2024
Market Cap
$981,570
Shares
15.66M
Volume · Aug 13
100
Avg daily vol (4 sessions)
1066
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Long-term debt, including current maturities | 2024-06-30 | USD 638,664 | 10-Q filed 2024-08-14 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2024-06-30 | USD 211,853 | 10-Q filed 2024-08-14 |
| Short-term borrowings | 2024-06-30 | USD 420,636 | 10-Q filed 2024-08-14 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Key facts
CIK
1626745