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% on a QoQ basis from 267.79 in Q4 2022.
Greentech Innovations (GTIC) has 4 years of Debt Ratio data on file, last reported at 311.54 in Q1 2023.
- Quarterly Debt Ratio rose 248.93% year-over-year to 311.54 in Q1 2023, while the trailing twelve-month figure through Feb 2023 was 311.54 (up 248.93% YoY) and the FY2022 annual result came in at 169.29, up 746.45% from the prior year.
- Debt Ratio climbed to 311.54 in Q1 2023 per GTIC's latest filing, from 267.79 in the prior quarter.
- Across five years, Debt Ratio topped out at 311.54 in Q1 2023 and bottomed at 20.0 in Q2 2021.
- The 3-year median for Debt Ratio is 130.2 (2022), against an average of 156.76.
- Peak annual rise in Debt Ratio reached 746.45% in 2022, while the deepest fall reached 193.9% in 2022.
- Tracing GTIC's Debt Ratio over 3 years: stood at 91.12 in 2021, then surged by 193.9% to 267.79 in 2022, then gained by 16.34% to 311.54 in 2023.
- Per Business Quant, the three latest GTIC Debt Ratio figures stand at 311.54 (Q1 2023), 267.79 (Q4 2022), and 235.29 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.08 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.13 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.24 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.03 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.06 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.16 |
| 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 |