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
DateValue
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