Greenland Technologies Holding (GTEC) Debt Ratio (2019 - 2024)

Greenland Technologies Holding (GTEC) has reported Debt Ratio for 6 consecutive years, with 0.06 the latest figure, recorded in Q1 2024.

• Debt Ratio for Q1 2024 came in at 0.06, down 1.69% year-over-year; the trailing twelve-month figure through Mar 2024 was 0.06 (down 1.69% YoY), and the FY2023 annual result was 0.04, down 49.66% from the prior year.
• Debt Ratio was 0.06 for Q1 2024 at Greenland Technologies Holding, up from 0.04 in the prior quarter.
• Over five years, Debt Ratio peaked at 10.87 in Q3 2020 and troughed at 0.01 in Q3 2023.
• Average Debt Ratio over 5 years is 0.69, with a median of 0.06 recorded in 2024.
• Year-over-year, Debt Ratio sank 99.85% in 2021 and jumped 376.78% in 2023.
• Over 5 years, Debt Ratio stood at 0.14 in 2020, then sank by 52.25% to 0.07 in 2021, then increased by 3.16% to 0.07 in 2022, then slumped by 49.66% to 0.04 in 2023, then surged by 69.24% to 0.06 in 2024.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.06 in Q1 2024, 0.04 in Q4 2023, and 0.01 in Q3 2023.