Greenland Technologies Holding (GTEC) Total Debt (2019 - 2024)
Greenland Technologies Holding's (GTEC) quarterly Total Debt came in at $8.3 million in Q1 2024, up 264.75% YoY from $2.3 million in Q2 2023, and up 80.53% on a QoQ basis from $4.6 million in Q4 2023.
Greenland Technologies Holding (GTEC) Total Debt (2019 - 2024) Analysis & Trends
Greenland Technologies Holding (GTEC) has 6 years of Total Debt data on file, last reported at $8.3 million in Q1 2024.
- Quarterly Total Debt rose 264.75% year-over-year to $8.3 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $8.3 million (up 264.75% YoY) and the FY2023 annual result came in at $4.6 million, down 57.65% from the prior year.
- Total Debt grew to $8.3 million in Q1 2024, from $4.6 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $23.0 million in Q3 2020 to a low of $1.6 million in Q3 2023.
- A 5-year average of $8.4 million and a median of $9.2 million in 2020 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2022 — Total Debt soared 348.37% — and 2023, when it plunged 85.02%.
- Tracing GTEC's Total Debt over 5 years: stood at $9.2 million in 2020, then tumbled by 73.88% to $2.4 million in 2021, then soared by 348.37% to $10.8 million in 2022, then sank by 57.65% to $4.6 million in 2023, then surged by 80.53% to $8.3 million in 2024.
- The last three Total Debt figures came in at $8.3 million (Q1 2024), $4.6 million (Q4 2023), and $1.6 million (Q3 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 7.01 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 9.02 Bn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 4.63 Bn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 4.73 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 3.87 Bn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 4.11 Bn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | 428.80 Mn |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 5.35 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 2.04 Bn |
| 10 | Greenland Technologies Holding | 25.70 Mn | -6.61 Mn | 9.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 8.25 Mn |
| Dec 31, 2023 | 4.57 Mn |
| Sep 30, 2023 | 1.58 Mn |
| Jun 30, 2023 | 8.95 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 10.80 Mn |
| Sep 30, 2022 | 10.54 Mn |
| Jun 30, 2022 | 11.06 Mn |
| Mar 31, 2022 | 11.76 Mn |
| Dec 31, 2021 | 2.41 Mn |
| Sep 30, 2021 | 9.70 Mn |
| Jun 30, 2021 | 10.14 Mn |
| Mar 31, 2021 | 10.36 Mn |
| Dec 31, 2020 | 9.22 Mn |
| Sep 30, 2020 | 23.02 Mn |
| Jun 30, 2020 | 2.99 Mn |
| Mar 31, 2020 | 4.62 Mn |
| Dec 31, 2019 | 19.04 Mn |
| Jun 30, 2019 | 2.27 Mn |
| Mar 31, 2019 | 2.18 Mn |