Greentech Innovations (GTIC) Debt to Equity (2017 - 2023)
Greentech Innovations (GTIC) reported Debt to Equity of -$0.42 for Q1 2023, down 177.61% year-over-year from $0.54 in Q1 2022, and down 11.38% quarter-over-quarter from -$0.38 in Q4 2022.
Greentech Innovations (GTIC) Debt to Equity (2017 - 2023) Analysis & Trends
Greentech Innovations (GTIC) has 7 years of Debt to Equity data on file, last reported at -$0.42 in Q1 2023.
- Debt to Equity for Q1 2023 came in at -$0.42, down 177.61% year-over-year; the trailing twelve-month figure through Feb 2023 was -$0.42 (down 177.61% YoY), and the FY2022 annual result was -$0.27, down 542.39% from the prior year.
- Debt to Equity slipped to -$0.42 in Q1 2023 per GTIC's latest filing, from -$0.38 in the prior quarter.
- Over five years, Debt to Equity peaked at -$0.04 in Q2 2021 and troughed at -$0.99 in Q1 2019.
- A 5-year average of -$0.34 and a median of -$0.22 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2019 and 2022: Debt to Equity jumped 92.07% in 2019, then sank 542.39% in 2022.
- A 5-year view of Debt to Equity shows it stood at -$0.08 in 2019, then tumbled by 45.9% to -$0.11 in 2020, then sank by 43.72% to -$0.16 in 2021, then slumped by 131.8% to -$0.38 in 2022, then declined by 11.38% to -$0.42 in 2023.
- Business Quant data shows GTIC's Debt to Equity at -$0.42 in Q1 2023, -$0.38 in Q4 2022, and -$0.35 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Greentech Innovations | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2023 | -0.42 |
| Nov 30, 2022 | -0.38 |
| Aug 31, 2022 | -0.35 |
| May 31, 2022 | -0.27 |
| Feb 28, 2022 | -0.15 |
| Nov 30, 2021 | -0.16 |
| Aug 31, 2021 | -0.13 |
| May 31, 2021 | -0.04 |
| Feb 29, 2020 | -0.11 |
| Nov 30, 2019 | -0.08 |
| May 31, 2019 | -0.96 |
| Feb 28, 2019 | -0.99 |
| Nov 30, 2018 | -0.98 |
| Aug 31, 2018 | -0.90 |
| May 31, 2018 | -0.93 |
| Feb 28, 2018 | -1.07 |
| May 31, 2017 | -0.18 |