Greentech Innovations (GTIC) Debt Ratio (2018 - 2023)
Greentech Innovations (GTIC) posted quarterly Debt Ratio of 155.77 for Q1 2023, up 102.57% year-over-year from 76.9 in Q1 2022, and up 16.34% quarter-over-quarter from 133.9 in Q4 2022.
Greentech Innovations (GTIC) Debt Ratio (2018 - 2023) Analysis & Trends
Greentech Innovations (GTIC) has reported Debt Ratio for 4 consecutive years, with 155.77 the latest figure, recorded in Q1 2023.
- In Q1 2023, Debt Ratio rose 102.57% year-over-year to 155.77; the TTM figure through Feb 2023 stood at 155.77 (up 102.57% YoY), while the FY2022 annual figure was 84.64, up 746.45% from the prior year.
- Debt Ratio rose to 155.77 in Q1 2023 per GTIC's latest filing, from 133.9 in the prior quarter.
- Across five years, Debt Ratio topped out at 155.77 in Q1 2023 and bottomed at 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.
- Greentech Innovations' Debt Ratio stood at 69.14 in 2021, then jumped by 93.64% to 133.9 in 2022, then grew by 16.34% to 155.77 in 2023.
- Business Quant data shows GTIC's Debt Ratio at 155.77 in Q1 2023, 133.9 in Q4 2022, and 117.64 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.11 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.37 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.22 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.24 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.08 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.22 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.18 |
| 10 | Greentech Innovations | 733,834.77 | 733,834.77 | - | - |
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 |