Greentech Innovations (GTIC) Debt Ratio (2018 - 2023)
Greentech Innovations (GTIC) reported Debt Ratio of 311.54 for Q1 2023, up 248.93% year-over-year from 89.28 in Q1 2022, and up 16.34% quarter-over-quarter from 267.79 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 311.54 in Q1 2023.
- Debt Ratio for Q1 2023 came in at 311.54, up 248.93% year-over-year; the trailing twelve-month figure through Feb 2023 was 311.54 (up 248.93% YoY), and the FY2022 annual result was 169.29, up 746.45% from the prior year.
- Debt Ratio advanced to 311.54 in Q1 2023 per GTIC's latest filing, from 267.79 in the prior quarter.
- Over five years, Debt Ratio peaked at 311.54 in Q1 2023 and troughed at 20.0 in Q2 2021.
- A 3-year average of 156.76 and a median of 130.2 in 2022 frame the typical range for Debt Ratio.
- On a YoY basis, Debt Ratio climbed as much as 746.45% in 2022 and fell as far as 193.9% in 2022.
- A 3-year view of Debt Ratio shows it stood at 91.12 in 2021, then jumped by 193.9% to 267.79 in 2022, then climbed by 16.34% to 311.54 in 2023.
- Business Quant data shows GTIC's Debt Ratio at 311.54 in Q1 2023, 267.79 in Q4 2022, and 235.29 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.37 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.24 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.06 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.06 |
| 10 | Greentech Innovations | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2023 | 311.54 |
| Nov 30, 2022 | 267.79 |
| Aug 31, 2022 | 235.29 |
| May 31, 2022 | 169.29 |
| Feb 28, 2022 | 89.29 |
| Nov 30, 2021 | 91.12 |
| Aug 31, 2021 | 69.74 |
| May 31, 2021 | 20.00 |
| Nov 30, 2018 | 17.31 |
| Aug 31, 2018 | 13.48 |
| May 31, 2018 | 12.85 |
| Feb 28, 2018 | 15.63 |