Greenland Technologies Holding (GTEC) Debt Ratio (2018 - 2024)
Historic Debt Ratio for Greenland Technologies Holding (GTEC) over the last 7 years, with Q1 2024 value amounting to 0.06.
- Greenland Technologies Holding's Debt Ratio fell 170.35% to 0.06 in Q1 2024 from the same period last year, while for Mar 2024 it was 0.06, marking a year-over-year decrease of 170.35%. This contributed to the annual value of 0.04 for FY2023, which is 4966.49% down from last year.
- Greenland Technologies Holding's Debt Ratio amounted to 0.06 in Q1 2024, which was down 170.35% from 0.04 recorded in Q4 2023.
- Greenland Technologies Holding's Debt Ratio's 5-year high stood at 296.18 during Q3 2020, with a 5-year trough of 0.01 in Q3 2023.
- For the 5-year period, Greenland Technologies Holding's Debt Ratio averaged around 17.51, with its median value being 0.07 (2022).
- Its Debt Ratio has fluctuated over the past 5 years, first crashed by 9997.68% in 2021, then surged by 313.48% in 2022.
- Over the past 5 years, Greenland Technologies Holding's Debt Ratio (Quarter) stood at 0.16 in 2020, then crashed by 57.23% to 0.07 in 2021, then rose by 3.13% to 0.07 in 2022, then plummeted by 49.66% to 0.04 in 2023, then skyrocketed by 69.24% to 0.06 in 2024.
- Its last three reported values are 0.06 in Q1 2024, 0.04 for Q4 2023, and 0.01 during Q3 2023.