Greenland Technologies Holding (GTEC) Total Debt (2019 - 2024)
Greenland Technologies Holding (GTEC) posted Total Debt of $8.3 million for Q1 2024, up 80.53% quarter-over-quarter from $4.6 million in Q4 2023, and down 13.09% year-on-year from $9.5 million in Q2 2023.
Greenland Technologies Holding (GTEC) Total Debt (2019 - 2024) Analysis & Trends
Greenland Technologies Holding (GTEC) has reported Total Debt for 6 consecutive years, with $8.3 million the latest figure, recorded in Q1 2024.
- Total Debt for Q1 2024 came in at $8.3 million, down 13.09% year-over-year; the trailing twelve-month figure through Mar 2024 was $8.3 million (down 13.09% YoY), and the FY2023 annual result was $4.6 million, down 57.66% from the prior year.
- Total Debt was $8.3 million for Q1 2024 at Greenland Technologies Holding, up from $4.6 million in the prior quarter.
- Over five years, Total Debt peaked at $19.9 million in Q1 2021 and troughed at $761215.0 in Q3 2020.
- Average Total Debt over 5 years is $7.6 million, with a median of $8.3 million recorded in 2024.
- Year-over-year, Total Debt jumped 490.44% in 2021 and tumbled 88.16% in 2022.
- Over 5 years, Total Debt stood at $18.7 million in 2020, then plunged by 41.19% to $11.0 million in 2021, then retreated by 1.57% to $10.8 million in 2022, then slumped by 57.66% to $4.6 million in 2023, then surged by 80.53% to $8.3 million in 2024.
- Per Business Quant data, the three most recent Total Debt figures were $8.3 million in Q1 2024, $4.6 million in Q4 2023, and $1.6 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 3.41 Bn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 9.02 Bn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 4.66 Bn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 4.64 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 3.88 Bn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 9.35 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 2.09 Bn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 614.60 Mn |
| 10 | Greenland Technologies Holding | 300,000.01 | -17.38 Mn | 8.76 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 | 9.50 Mn |
| Dec 31, 2022 | 10.80 Mn |
| Sep 30, 2022 | 10.54 Mn |
| Jun 30, 2022 | 1.83 Mn |
| Mar 31, 2022 | 2.36 Mn |
| Dec 31, 2021 | 10.97 Mn |
| Sep 30, 2021 | 2.57 Mn |
| Jun 30, 2021 | 10.15 Mn |
| Mar 31, 2021 | 19.92 Mn |
| Dec 31, 2020 | 18.65 Mn |
| Sep 30, 2020 | 761,215.00 |
| Jun 30, 2020 | 4.22 Mn |
| Mar 31, 2020 | 3.37 Mn |
| Dec 31, 2019 | 4.83 Mn |
| Jun 30, 2019 | 2.27 Mn |
| Mar 31, 2019 | 2.18 Mn |