IT Tech Packaging Inc (ITP) - Total Liabilities
Based on the latest financial reports, IT Tech Packaging Inc (ITP) has total liabilities worth $23.65 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore IT Tech Packaging Inc (ITP) net asset momentum to track the company's year-over-year net asset growth rate.
IT Tech Packaging Inc - Total Liabilities Trend (2005–2024)
This chart illustrates how IT Tech Packaging Inc's total liabilities have evolved over time, based on quarterly financial data. See IT Tech Packaging Inc (ITP) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
IT Tech Packaging Inc Competitors by Total Liabilities
The table below lists competitors of IT Tech Packaging Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Silver Valley Metals Corp
V:SILV
|
Canada | CA$1.41 Million |
|
Southern Empire Resources Corp
V:SMP
|
Canada | CA$2.44 Million |
|
British Smaller Companies Vct Plc
LSE:BSV
|
UK | GBX297.00K |
|
INEO Tech Corp
V:INEO
|
Canada | CA$5.16 Million |
|
Geekco Technologies Corp
V:GKO
|
Canada | CA$2.55 Million |
|
CPD SA
WAR:CPD
|
Poland | zł970.00K |
|
Calviks AB (publ)
ST:TENEO
|
USA | Skr342.60 Million |
|
iCoreConnect Inc. Common stock
NASDAQ:ICCT
|
USA | $17.24 Million |
Liability Composition Analysis (2005–2024)
This chart breaks down IT Tech Packaging Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see IT Tech Packaging Inc (ITP) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.92 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.43 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.16 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.13 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how IT Tech Packaging Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for IT Tech Packaging Inc (2005–2024)
The table below shows the annual total liabilities of IT Tech Packaging Inc from 2005 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $21.50 Million | -18.59% |
| 2023-12-31 | $26.41 Million | +14.20% |
| 2022-12-31 | $23.12 Million | -10.32% |
| 2021-12-31 | $25.79 Million | +4.00% |
| 2020-12-31 | $24.79 Million | +2.44% |
| 2019-12-31 | $24.20 Million | -33.74% |
| 2018-12-31 | $36.53 Million | +8.50% |
| 2017-12-31 | $33.66 Million | -5.50% |
| 2016-12-31 | $35.62 Million | -43.29% |
| 2015-12-31 | $62.82 Million | -3.09% |
| 2014-12-31 | $64.82 Million | +33.73% |
| 2013-12-31 | $48.47 Million | +141.43% |
| 2012-12-31 | $20.08 Million | +15.17% |
| 2011-12-31 | $17.43 Million | +24.84% |
| 2010-12-31 | $13.96 Million | -9.47% |
| 2009-12-31 | $15.43 Million | +16.71% |
| 2008-12-31 | $13.22 Million | 0.00% |
| 2007-12-31 | $13.22 Million | -35.93% |
| 2006-12-31 | $20.63 Million | +687591.13% |
| 2005-12-31 | $3.00K | -- |
About IT Tech Packaging Inc
IT Tech Packaging, Inc., together with its subsidiaries, produces and distributes paper products in the People's Republic of China. It operates in three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. The company offers corrugating medium papers to companies making corrugating cardboard; and offset printing papers to printing companies. It also provides tissue paper products, incl… Read more