IT Tech Packaging Inc (ITP)
0.223
-0.01
(-3.04%)
USD |
NYAM |
Nov 21, 16:00
0.2285
+0.01
(+2.47%)
After-Hours: 20:00
IT Tech Packaging Debt to Equity Ratio: 0.0596 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.0596 |
| June 30, 2024 | 0.077 |
| March 31, 2024 | 0.0758 |
| December 31, 2023 | 0.0701 |
| September 30, 2023 | 0.0712 |
| June 30, 2023 | 0.0992 |
| March 31, 2023 | 0.0964 |
| December 31, 2022 | 0.0807 |
| September 30, 2022 | 0.076 |
| June 30, 2022 | 0.0755 |
| March 31, 2022 | 0.074 |
| December 31, 2021 | 0.0731 |
| September 30, 2021 | 0.0768 |
| June 30, 2021 | 0.0777 |
| March 31, 2021 | 0.0779 |
| December 31, 2020 | 0.0916 |
| September 30, 2020 | 0.0917 |
| June 30, 2020 | 0.0915 |
| March 31, 2020 | 0.0926 |
| December 31, 2019 | 0.0912 |
| September 30, 2019 | 0.0959 |
| June 30, 2019 | 0.0972 |
| March 31, 2019 | 0.0972 |
| December 31, 2018 | 0.1491 |
| September 30, 2018 | 0.1672 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.1657 |
| March 31, 2018 | 0.1656 |
| December 31, 2017 | 0.1704 |
| September 30, 2017 | 0.1863 |
| June 30, 2017 | 0.2169 |
| March 31, 2017 | 0.2038 |
| December 31, 2016 | 0.1282 |
| September 30, 2016 | 0.1626 |
| June 30, 2016 | 0.1623 |
| March 31, 2016 | 0.2364 |
| December 31, 2015 | 0.2659 |
| September 30, 2015 | 0.1935 |
| June 30, 2015 | 0.1707 |
| March 31, 2015 | 0.2148 |
| December 31, 2014 | 0.2516 |
| September 30, 2014 | 0.2184 |
| June 30, 2014 | 0.1763 |
| March 31, 2014 | 0.1468 |
| December 31, 2013 | 0.1227 |
| September 30, 2013 | 0.0947 |
| June 30, 2013 | 0.082 |
| March 31, 2013 | 0.1022 |
| December 31, 2012 | 0.1063 |
| September 30, 2012 | 0.0755 |
| June 30, 2012 | 0.0621 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0596
Minimum
Sep 2024
0.0992
Maximum
Jun 2023
0.081
Average
0.0774
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 190.02M |
| Total Liabilities (Quarterly) | 25.69M |
| Shareholders Equity (Quarterly) | 164.32M |
| Current Ratio | 1.589 |
| Net Debt Paydown Yield | 54.64% |