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Greenland Technologies Holding (GTEC) Debt Ratio (2018 - 2024)

Greenland Technologies Holding (GTEC) has disclosed Debt Ratio for 7 consecutive years, with 0.06 as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Debt Ratio fell 1.7% year-over-year to 0.06, compared with a TTM value of 0.06 through Mar 2024, down 1.7%, and an annual FY2023 reading of 0.02, down 66.5% over the prior year.
  • Debt Ratio was 0.06 for Q1 2024 at Greenland Technologies Holding, up from 0.02 in the prior quarter.
  • Across five years, Debt Ratio topped out at 10.87 in Q3 2020 and bottomed at 0.01 in Q4 2020.
  • Average Debt Ratio over 5 years is 0.68, with a median of 0.04 recorded in 2020.
  • The sharpest move saw Debt Ratio tumbled 99.44% in 2021, then soared 369.91% in 2022.
  • Year by year, Debt Ratio stood at 0.01 in 2020, then surged by 102.89% to 0.01 in 2021, then skyrocketed by 369.91% to 0.07 in 2022, then tumbled by 66.5% to 0.02 in 2023, then soared by 154.36% to 0.06 in 2024.
  • Business Quant data shows Debt Ratio for GTEC at 0.06 in Q1 2024, 0.02 in Q4 2023, and 0.01 in Q3 2023.