Greentech Innovations (GTIC) Debt Ratio (2018 - 2023)

Greentech Innovations' (GTIC) quarterly Debt Ratio came in at 155.77 in Q1 2023, up 102.57% year-on-year from 76.9 in Q1 2022, and up 16.34% on a QoQ basis from 133.9 in Q4 2022.

Greentech Innovations (GTIC) Debt Ratio (2018 - 2023) Analysis & Trends

Greentech Innovations (GTIC) has 4 years of Debt Ratio data on file, last reported at 155.77 in Q1 2023.

  • On a quarterly basis, Debt Ratio rose 102.57% year-over-year to 155.77 in Q1 2023; TTM through Feb 2023 was 155.77, a 102.57% increase from a year earlier, with the FY2022 full-year figure at 84.64, up 746.45% from the prior year.
  • Debt Ratio for Q1 2023 stood at 155.77, up from 133.9 in the prior quarter.
  • Over the last five years, Debt Ratio for GTIC reached as high as 155.77 in Q1 2023 and fell as low as 10.0 in Q2 2021.
  • Historically, Debt Ratio has averaged 86.97 across 3 years, with a median of 80.77 in 2022.
  • On a YoY basis, Debt Ratio climbed as much as 746.45% in 2022 and fell as far as 93.64% in 2022.
  • Year by year, Debt Ratio stood at 69.14 in 2021, then soared by 93.64% to 133.9 in 2022, then rose by 16.34% to 155.77 in 2023.
  • Per Business Quant data, the three most recent Debt Ratio figures were 155.77 in Q1 2023, 133.9 in Q4 2022, and 117.64 in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Greentech Innovations 788,417.47 788,417.47 - -

Historic Data

Download Data
DateValue
Feb 28, 2023 155.77
Nov 30, 2022 133.90
Aug 31, 2022 117.65
May 31, 2022 84.65
Feb 28, 2022 76.90
Nov 30, 2021 69.15
Aug 31, 2021 47.77
May 31, 2021 10.00
Nov 30, 2018 17.31
Aug 31, 2018 13.48
May 31, 2018 12.85
Feb 28, 2018 15.63