It Tech Packaging (ITP) Interest Expenses (2010 - 2025)
It Tech Packaging's Interest Expenses came in at $150,702 for Q3 2025, down 12.1% from $171,430 a year earlier but up 4.7% from the prior quarter.
It Tech Packaging (ITP) Interest Expenses (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, It Tech Packaging reported Interest Expenses of $596,626, down 26.4% year-over-year; for FY2024, it came in at $762,377, down 22.6% from FY2023.
- Interest Expenses has declined in each of the last three years, with a five-year compound annual growth rate of -3.8% (FY2019 to FY2024).
- Going back by year, Interest Expenses was $984,518 in FY2023 (-4.2%), $1.03 million in FY2022 (-8.6%), $1.12 million in FY2021 (+9.6%) and $1.03 million in FY2020 (+10.8%).
- The five-year range for quarterly Interest Expenses is $132,847 (Q1 2025) to $283,899 (Q2 2021).
- Year-over-year, Interest Expenses has declined for nine consecutive quarters, with an average decline of 22.7% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2020 (growth of 44.3%), and the weakest in Q1 2025 (a decline of 36.8%).
- Business Quant data shows ITP's Interest Expenses at $143,971 (Q2 2025), $132,847 (Q1 2025) and $169,106 (Q4 2024) in the three quarters before Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.27 Bn | 20.20 Bn | 1.40 Bn | - |
| 2 | International Paper | 20.90 Bn | 16.80 Bn | 1.66 Bn | 87.00 Mn |
| 3 | Packaging Corp Of America | 20.79 Bn | 18.33 Bn | 512.50 Mn | - |
| 4 | Amcor | 19.64 Bn | 15.07 Bn | 1.34 Bn | 169.00 Mn |
| 5 | Ball | 15.00 Bn | 12.01 Bn | 697.00 Mn | 79.00 Mn |
| 6 | Crown Holdings | 11.57 Bn | 8.90 Bn | 748.00 Mn | 105.00 Mn |
| 7 | Sonoco Products | 4.90 Bn | 3.91 Bn | 392.38 Mn | 45.48 Mn |
| 8 | Silgan Holdings | 3.71 Bn | 1.45 Bn | 294.88 Mn | 47.12 Mn |
| 9 | Graphic Packaging Holding | 2.72 Bn | 1.95 Bn | 292.00 Mn | 68.00 Mn |
| 10 | It Tech Packaging | 1.91 Mn | -23.62 Mn | 2.02 Mn | 150,702.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 150,702.00 |
| Jun 30, 2025 | 143,971.00 |
| Mar 31, 2025 | 132,847.00 |
| Dec 31, 2024 | 169,106.00 |
| Sep 30, 2024 | 171,430.00 |
| Jun 30, 2024 | 211,551.00 |
| Mar 31, 2024 | 210,290.00 |
| Dec 31, 2023 | 216,850.00 |
| Sep 30, 2023 | 247,818.00 |
| Jun 30, 2023 | 270,681.00 |
| Mar 31, 2023 | 249,169.00 |
| Dec 31, 2022 | 241,354.00 |
| Sep 30, 2022 | 256,678.00 |
| Jun 30, 2022 | 259,106.00 |
| Mar 31, 2022 | 270,813.00 |
| Dec 31, 2021 | 280,232.00 |
| Sep 30, 2021 | 281,670.00 |
| Jun 30, 2021 | 283,899.00 |
| Mar 31, 2021 | 278,901.00 |
| Dec 31, 2020 | 281,920.00 |
It Tech Packaging Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=ITP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "ITP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=ITP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();