IT Tech Packaging Inc Total Liabilities
IT Tech Packaging Inc 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. Check IT Tech Packaging Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Total Liabilities of IT Tech Packaging Inc (2005–2024)
Total liabilities of IT Tech Packaging Inc from 2005 to 2024. This chart illustrates how IT Tech Packaging Inc's total liabilities have evolved over time, based on quarterly financial data. Explore how much of IT Tech Packaging Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
INEO Tech Corp
V:INEO
|
Canada | CA$5.16 Million |
|
STS Global Income & Growth Trust PLC
LSE:STS
|
UK | GBX15.59 Million |
|
Harvest Gold Corp
V:HVG
|
Canada | CA$153.34K |
|
Conifex Timber Inc
TO:CFF
|
Canada | CA$143.50 Million |
|
AGS Transact Technologies Limited
NSE:AGSTRA
|
India | Rs-5.35 Billion |
|
HB Global Ltd
KLSE:5187
|
Malaysia | RM71.97 Million |
|
Sabre Resources Ltd
AU:SBR
|
Australia | AU$125.43K |
|
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 complete balance sheet picture, see how large is IT Tech Packaging Inc's balance sheet.
Liquidity & Leverage Metrics
IT Tech Packaging Inc Total Liabilities Ratios Explained
IT Tech Packaging Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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