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| Date | Value |
|---|---|
| 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 |