It Tech Packaging, Inc. (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.
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Analysis
It Tech Packaging, Inc. (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.
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Historic Data
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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 |
API Access
It Tech Packaging, Inc. 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_KEYimport 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();