Growth Metrics

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

Greenland Technologies Holding's Debt Ratio history spans 7 years, with the latest figure at 0.06 for Q1 2024.

  • For Q1 2024, Debt Ratio rose 312.56% year-over-year to 0.06; the TTM value through Mar 2024 reached 0.06, up 312.56%, while the annual FY2023 figure was 0.04, 49.66% down from the prior year.
  • Debt Ratio reached 0.06 in Q1 2024 per GTEC's latest filing, up from 0.04 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 296.18 in Q3 2020 to a low of 0.01 in Q4 2020.
  • Average Debt Ratio over 5 years is 17.47, with a median of 0.06 recorded in 2023.
  • The largest YoY upside for Debt Ratio was 824.43% in 2021 against a maximum downside of 99.98% in 2021.
  • A 5-year view of Debt Ratio shows it stood at 0.01 in 2020, then surged by 824.43% to 0.07 in 2021, then grew by 3.16% to 0.07 in 2022, then crashed by 49.66% to 0.04 in 2023, then skyrocketed by 69.24% to 0.06 in 2024.
  • Per Business Quant, the three most recent readings for GTEC's Debt Ratio are 0.06 (Q1 2024), 0.04 (Q4 2023), and 0.01 (Q3 2023).