IT Tech Packaging Inc Working Capital to Net Assets Ratio
IT Tech Packaging Inc working capital to net assets ratio. IT Tech Packaging Inc (ITP) has a Working Capital to Net Assets ratio of 11.2% as of September 2025. Working capital of $17.10 Million (current assets of $35.76 Million minus current liabilities of $18.67 Million) is measured against net assets of $152.05 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ITP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of IT Tech Packaging Inc (2006–2024)
Working capital to net assets ratio of IT Tech Packaging Inc from 2006 to 2024. This chart shows how IT Tech Packaging Inc's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 11.2%, reflecting working capital of $17.10 Million against net assets of $152.05 Million USD. See defensive interval ratio of IT Tech Packaging Inc to measure how many days the company can operate on defensive assets alone.
IT Tech Packaging Inc Working Capital to Net Assets Ratio by Year (2006–2024)
IT Tech Packaging Inc working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for IT Tech Packaging Inc from 2006 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see ITP asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.3% | $8.31 Million | $156.05 Million | $28.46 Million | $20.15 Million | ▲ +1.2 pp |
| 2023 | 4.1% | $6.94 Million | $168.34 Million | $28.36 Million | $21.42 Million | ▼ -12.2 pp |
| 2022 | 16.3% | $29.53 Million | $181.32 Million | $47.17 Million | $17.64 Million | ▲ +0.0 pp |
| 2021 | 16.3% | $35.08 Million | $215.75 Million | $55.52 Million | $20.43 Million | ▲ +18.2 pp |
| 2020 | -2.0% | $-3.43 Million | $175.08 Million | $14.91 Million | $18.34 Million | ▼ -6.3 pp |
| 2019 | 4.3% | $7.21 Million | $166.00 Million | $24.04 Million | $16.84 Million | ▲ +7.6 pp |
| 2018 | -3.3% | $-5.48 Million | $166.55 Million | $24.16 Million | $29.63 Million | ▼ -2.3 pp |
| 2017 | -1.0% | $-1.77 Million | $185.33 Million | $19.99 Million | $21.76 Million | ▲ +2.6 pp |
| 2016 | -3.5% | $-6.11 Million | $172.76 Million | $14.48 Million | $20.59 Million | ▲ +4.4 pp |
| 2015 | -7.9% | $-13.89 Million | $175.81 Million | $26.34 Million | $40.24 Million | ▲ +2.3 pp |
| 2014 | -10.2% | $-17.92 Million | $174.95 Million | $26.55 Million | $44.47 Million | ▼ -8.7 pp |
| 2013 | -1.5% | $-2.42 Million | $161.05 Million | $25.95 Million | $28.37 Million | ▼ -16.8 pp |
| 2012 | 15.3% | $21.87 Million | $142.77 Million | $38.07 Million | $16.20 Million | ▲ +6.4 pp |
| 2011 | 8.9% | $11.32 Million | $127.53 Million | $23.07 Million | $11.74 Million | ▼ -0.3 pp |
| 2010 | 9.2% | $9.35 Million | $101.54 Million | $21.10 Million | $11.76 Million | ▼ -3.3 pp |
| 2009 | 12.5% | $7.02 Million | $56.27 Million | $16.40 Million | $9.37 Million | ▲ +45.9 pp |
| 2008 | -33.4% | $-7.86 Million | $23.51 Million | $2.14 Million | $9.99 Million | ▲ +0.0 pp |
| 2007 | -33.4% | $-7.86 Million | $23.51 Million | $2.14 Million | $9.99 Million | ▲ +5.6 pp |
| 2006 | -39.0% | $-7.03 Million | $18.03 Million | $4.39 Million | $11.42 Million | — |