Growth Metrics

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

Greenland Technologies Holding's Debt to Equity history spans 7 years, with the latest figure at $0.15 for Q1 2024.

  • For Q1 2024, Debt to Equity rose 499.96% year-over-year to $0.15; the TTM value through Mar 2024 reached $0.15, up 499.96%, while the annual FY2023 figure was $0.09, 33.6% down from the prior year.
  • Debt to Equity reached $0.15 in Q1 2024 per GTEC's latest filing, up from $0.09 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.4 in Q3 2020 to a low of $0.02 in Q3 2023.
  • Average Debt to Equity over 5 years is $0.13, with a median of $0.12 recorded in 2022.
  • Peak YoY movement for Debt to Equity: skyrocketed 826.19% in 2021, then plummeted 91.71% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.02 in 2020, then surged by 826.19% to $0.18 in 2021, then fell by 22.82% to $0.14 in 2022, then tumbled by 33.6% to $0.09 in 2023, then skyrocketed by 71.52% to $0.15 in 2024.
  • Per Business Quant, the three most recent readings for GTEC's Debt to Equity are $0.15 (Q1 2024), $0.09 (Q4 2023), and $0.02 (Q3 2023).