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. Explore IT Tech Packaging Inc operating cash flow efficiency to assess how effectively this company generates cash.
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. Check IT Tech Packaging Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Euro Kapital Yatirim Ortakligi AS
IS:EUKYO
|
Turkey | TL5.47 Million |
|
Mynaric AG
XETRA:M0YN
|
Germany | €168.37 Million |
|
Summit Minerals Ltd
AU:SUM
|
Australia | AU$133.07K |
|
Copper Search Ltd
AU:CUS
|
Australia | AU$232.67K |
|
Gathid Ltd
AU:GTH
|
Australia | AU$4.09 Million |
|
CBLT Inc
V:CBLT
|
Canada | CA$441.20K |
|
Gore Street Energy Storage Fund Plc
LSE:GSF
|
UK | GBX666.94K |
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 ITP company net worth.
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