Growth Metrics

Greenland Technologies Holding (GTEC) Debt to Equity (2018 - 2024)

Greenland Technologies Holding (GTEC) has disclosed Debt to Equity for 7 consecutive years, with $0.15 as the latest value for Q1 2024.

  • For the quarter ending Q1 2024, Debt to Equity rose 42.95% year-over-year to $0.15, compared with a TTM value of $0.15 through Mar 2024, up 42.95%, and an annual FY2023 reading of $0.06, down 55.81% over the prior year.
  • Debt to Equity was $0.15 for Q1 2024 at Greenland Technologies Holding, up from $0.06 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.22 in Q2 2021 and bottomed at $0.01 in Q3 2020.
  • Average Debt to Equity over 5 years is $0.08, with a median of $0.06 recorded in 2023.
  • The sharpest move saw Debt to Equity crashed 81.17% in 2020, then surged 890.1% in 2021.
  • Year by year, Debt to Equity stood at $0.02 in 2020, then soared by 103.28% to $0.04 in 2021, then skyrocketed by 251.56% to $0.14 in 2022, then plummeted by 55.81% to $0.06 in 2023, then soared by 157.79% to $0.15 in 2024.
  • Business Quant data shows Debt to Equity for GTEC at $0.15 in Q1 2024, $0.06 in Q4 2023, and $0.02 in Q3 2023.