IT Tech Packaging, Inc. (ITP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 35.76M | 32.64M | 29.5M | 28.46M | 32.97M | 33.43M | 30.01M | 28.36M | 41.06M | 47.69M | 51.48M | 47.17M | 48.43M | 48.45M | 48.62M | 55.52M | 62.25M | 63.74M | 61.14M | 14.91M |
| Cash & Short-Term Investments | 9.12M | 6.47M | 4.03M | 5.92M | 4.41M | 5.14M | 4.51M | 3.92M | 9.44M | 11.98M | 16.75M | 9.52M | 16.02M | 14.34M | 15.36M | 11.2M | 26.58M | 30.27M | 37.44M | 4.14M |
| Cash Only | 9.12M | 6.47M | 4.03M | 5.92M | 4.41M | 5.14M | 4.51M | 3.92M | 9.44M | 11.98M | 16.75M | 9.52M | 16.02M | 14.34M | 15.36M | 11.2M | 26.58M | 30.27M | 37.44M | 4.14M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 15.59M | 15.17M | 15.5M | 13.5M | 16.46M | 17.13M | 16.76M | 14.84M | 19.94M | 23.22M | 24.11M | 21.2M | 18.33M | 18.57M | 20.61M | 27.41M | 19.62M | 12.48M | 11.68M | 8.35M |
| Days Sales Outstanding | 55.27 | 56.28 | 119.76 | 78.12 | 61.6 | 58.73 | 209.43 | 76.31 | 125.87 | 71.74 | 103.04 | 85.08 | 53.54 | 56.09 | 139.6 | 48.03 | 32.76 | 23.63 | 37.23 | 25 |
| Inventory | 10.74M | 5.09M | 4.64M | 2.35M | 5.73M | 5.28M | 3.49M | 3.56M | 5.36M | 6.57M | 5.97M | 15.81M | 4.44M | 6.63M | 4.35M | 5.84M | 7.62M | 20.51M | 7.43M | 1.23M |
| Days Inventory Outstanding | 30.89 | 18.84 | 29.11 | 22.49 | 21.87 | 17.37 | 49.6 | 19.81 | 34.47 | 19.78 | 48.85 | 45.8 | 17.61 | 16.04 | 30.25 | 15.21 | 29.91 | 29.22 | 17.42 | 14.23 |
| Other Current Assets | 10.45K | 1.05M | 1.05M | 1.04M | 496.57K | 910.66K | 913.32K | 481.62K | 993.85K | 1.06M | 1.06M | 424.55K | 583.8K | 392.37K | 210.38K | 885.03K | 628.28K | 287.13K | 584.75K | 1.18M |
| Total Non-Current Assets | 139.93M | 142.52M | 145.71M | 149.09M | 157.04M | 157.93M | 162.58M | 166.39M | 147.94M | 149.05M | 155.37M | 174.38M | 166.71M | 177.02M | 190.4M | 186.02M | 174.43M | 174.88M | 180.15M | 184.96M |
| Property, Plant & Equipment | 138.25M | 60.17M | 63.56M | 67.03M | 72.83M | 75.1M | 79.35M | 83M | 116.15M | 88.49M | 94.85M | 154.18M | 96.81M | 103.43M | 113.04M | 159.53M | 148.85M | 140.9M | 151.04M | 156.19M |
| Fixed Asset Turnover | 0.26x | 0.40x | 0.17x | 0.25x | 0.34x | 0.34x | 0.08x | 0.21x | 0.15x | 0.33x | 0.16x | 0.17x | 0.32x | 0.29x | 0.11x | 0.29x | 0.31x | 0.32x | 0.16x | 0.22x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 80.64M | 80.42M | 80.31M | 82.38M | 81M | 81.36M | 81.5M | 29.89M | 58.65M | 58.47M | 0 | 56.59M | 59.86M | 63.29M | 12.79M | 12.57M | 0 | 12.41M | 12.5M |
| Long-Term Investments | 1.67M | 1.7M | 1.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.07M | 0 | 0 | 0 | 0 | 0 | 2.54M | 0 | 0 |
| Other Non-Current Assets | 8.44K | 0 | 0 | 1.75M | 1.83M | 1.83M | 1.87M | 1.88M | 1.89M | 1.92M | 2.05M | 1.03M | 2.07M | 2.23M | 2.4M | 2.43M | 2.44M | 21.36M | 2.5M | 2.57M |
| Total Assets | 175.7M | 175.16M | 175.2M | 177.55M | 190.02M | 191.36M | 192.6M | 194.74M | 189M | 196.74M | 206.85M | 221.55M | 215.14M | 225.46M | 239.01M | 241.54M | 236.68M | 238.62M | 241.29M | 199.87M |
| Asset Turnover | 0.15x | 0.14x | 0.06x | 0.10x | 0.13x | 0.14x | 0.04x | 0.11x | 0.08x | 0.15x | 0.09x | 0.10x | 0.14x | 0.14x | 0.06x | 0.19x | 0.19x | 0.19x | 0.11x | 0.17x |
| Asset Growth % | -7.54% | -8.47% | -9.03% | -8.83% | 0.54% | -2.73% | -6.89% | -12.1% | -12.15% | -12.74% | -13.46% | -8.28% | -9.1% | -5.51% | -0.94% | 20.84% | 22.42% | 28.68% | 32.39% | 5.09% |
| Total Current Liabilities | 18.67M | 21.34M | 20.93M | 20.15M | 20.75M | 22.92M | 24.57M | 21.42M | 12.02M | 17.3M | 18.13M | 17.64M | 17.59M | 17.33M | 19.94M | 20.43M | 18.68M | 17.19M | 20.21M | 18.34M |
| Accounts Payable | 0 | 0 | 0 | 1 | 0 | 0 | 241.78K | 4.99K | 104.15K | 127.54K | 0 | 5.03K | 144.21K | 17.1K | 72.62K | 10.26K | 354.25K | 742.72K | 2.36M | 592.39K |
| Days Payables Outstanding | - | - | - | 0 | - | - | 1.74 | 0.24 | 0.67 | 0.4 | - | 0.34 | 0.26 | 0.13 | 0.25 | 0.41 | 1.17 | 3.24 | 5.93 | 1.31 |
| Short-Term Debt | 5.21M | 8.63M | 8.61M | 8.01M | 5.22M | 8.09M | 9.21M | 7.3M | 5.54M | 9.5M | 10.94M | 10.66M | 9.81M | 10.37M | 12.85M | 12.8M | 11.45M | 9.76M | 11.35M | 11.43M |
| Deferred Revenue (Current) | 11.91K | 11.82K | 11.79K | 11.77K | 37.1K | 73.39K | 110.79K | 136.17K | 18.75K | 10.19K | 0 | 0 | 35.65K | 37.71K | 39.87K | 39.69K | 40.08K | 83.45K | 82.04K | 82.63K |
| Other Current Liabilities | 12.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.37M | 0 | 0 | 0 | 0 | 0 | 5.58M | 0 | 0 |
| Current Ratio | 1.92x | 1.53x | 1.41x | 1.41x | 1.59x | 1.46x | 1.22x | 1.32x | 3.41x | 2.76x | 2.84x | 2.67x | 2.75x | 2.80x | 2.44x | 2.72x | 3.33x | 3.71x | 3.02x | 0.81x |
| Quick Ratio | 1.34x | 1.29x | 1.19x | 1.30x | 1.31x | 1.23x | 1.08x | 1.16x | 2.97x | 2.38x | 2.51x | 1.78x | 2.50x | 2.41x | 2.22x | 2.43x | 2.92x | 2.52x | 2.66x | 0.75x |
| Cash Conversion Cycle | - | - | - | 100.61 | - | - | 257.3 | 95.87 | 159.68 | 91.12 | - | 130.54 | 70.89 | 72 | 169.6 | 62.83 | 61.5 | 49.61 | 48.72 | 37.93 |
| Total Non-Current Liabilities | 4.98M | 1.5M | 1.49M | 1.35M | 4.94M | 4.99M | 3.73M | 4.99M | 7.03M | 8.66M | 7.63M | 22.58M | 6.67M | 5.76M | 4.89M | 5.35M | 10.03M | 14.19M | 16.8M | 6.45M |
| Long-Term Debt | 4.73M | 1.12M | 1.11M | 1.11M | 4.57M | 4.49M | 3.24M | 4.5M | 6.56M | 7.44M | 6.51M | 4.2M | 4.69M | 4.92M | 2.99M | 2.98M | 4.52M | 6.55M | 4.57M | 4.6M |
| Capital Lease Obligations | 254.03K | 385.6K | 377.6K | 231.15K | 372.97K | 498.72K | 491.91K | 483.87K | 465.87K | 559.03K | 587.84K | 580K | 568.95K | 20.3K | 84.2K | 152.23K | 198.35K | 254.03K | 301.65K | 354.11K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 303 | 1.1K | 5.65K | 3 | 5 | 20 | 54 | 263 | 660.69K | 494.19K | 698.6K | 1.33M | 716.9K | 1.68M | 2.06M | 5.13M | 7.39M | 11.58M | 1.12M |
| Total Liabilities | 23.65M | 22.84M | 22.43M | 21.5M | 25.69M | 27.91M | 28.31M | 26.41M | 19.05M | 25.97M | 25.76M | 40.22M | 24.26M | 23.09M | 24.82M | 25.79M | 28.71M | 31.38M | 37.01M | 24.79M |
| Total Debt | 10.19M | 10.25M | 10.21M | 9.6M | 10.41M | 13.18M | 13.04M | 12.39M | 12.67M | 17.61M | 18.21M | 15.44M | 15.34M | 15.53M | 16.16M | 16.14M | 16.38M | 16.57M | 16.41M | 16.57M |
| Net Debt | 1.07M | 3.78M | 6.17M | 3.68M | 6M | 8.04M | 8.53M | 8.47M | 3.23M | 5.63M | 1.46M | 5.92M | -675.9K | 1.19M | 799.25K | 4.94M | -10.2M | -13.71M | -21.03M | 12.42M |
| Debt / Equity | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.08x | 0.08x | 0.07x | 0.07x | 0.10x | 0.10x | 0.09x | 0.08x | 0.08x | 0.08x | 0.07x | 0.08x | 0.08x | 0.08x | 0.09x |
| Debt / EBITDA | 3.95x | 5.76x | 59.99x | 116.77x | 5.16x | 3.36x | - | - | 13.50x | 5.98x | 19.93x | 5.02x | 5.05x | 6.01x | 20.64x | 2.89x | 4.86x | 3.68x | 4.87x | 6.56x |
| Net Debt / EBITDA | 0.41x | 2.12x | 36.28x | 44.82x | 2.97x | 2.05x | - | - | 3.44x | 1.91x | 1.60x | 1.92x | -0.22x | 0.46x | 1.02x | 0.89x | -3.03x | -3.04x | -6.25x | 4.92x |
| Interest Coverage | -6.58x | -12.23x | -25.42x | -21.82x | -8.50x | 2.60x | -16.64x | -12.32x | -10.04x | -0.53x | -11.13x | -2.04x | -4.67x | -1.05x | -9.48x | 17.95x | 6.22x | 17.45x | -14.92x | -6.59x |
| Total Equity | 152.05M | 152.32M | 152.78M | 156.05M | 164.32M | 163.45M | 164.29M | 168.34M | 169.94M | 170.78M | 181.09M | 181.32M | 190.88M | 202.38M | 214.19M | 215.75M | 207.97M | 207.24M | 204.28M | 175.08M |
| Equity Growth % | -7.47% | -6.81% | -7.01% | -7.3% | -3.31% | -4.29% | -9.28% | -7.16% | -10.97% | -15.61% | -15.45% | -15.96% | -8.22% | -2.35% | 4.85% | 23.23% | 22.99% | 27.19% | 26.91% | 5.47% |
| Book Value per Share | 12.77 | 12.79 | 15.18 | 15.50 | 16.32 | 16.24 | 16.32 | 16.72 | 16.88 | 16.97 | 17.99 | 18.01 | 19.12 | 20.43 | 21.62 | 39.81 | 38.37 | 44.44 | 56.50 | 71.62 |
| Total Shareholders' Equity | 152.05M | 152.32M | 152.78M | 156.05M | 164.32M | 163.45M | 164.29M | 168.34M | 169.94M | 170.78M | 181.09M | 181.32M | 190.88M | 202.38M | 214.19M | 215.75M | 207.97M | 207.24M | 204.28M | 175.08M |
| Common Stock | 16.96K | 16.96K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 10.07K | 11.42K | 99.05K | 99.05K | 9.92K | 99.05K | 99.05K | 99.05K | 28.54K |
| Retained Earnings | 66.88M | 68.33M | 70.28M | 73.79M | 77.83M | 79.8M | 79.88M | 83.63M | 87.61M | 89.59M | 90.84M | 93.58M | 105.48M | 107.37M | 107.66M | 110.15M | 105.99M | 104.45M | 104.9M | 109.24M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.08M | -6.26M | -6.69M | -6.92M | -2.69M | -5.53M | -4.78M | -4.47M | -6.85M | -7.99M | 1.07M | -1.43M | -5.19M | 5.98M | 17.5M | 16.58M | 12.95M | 13.77M | 10.35M | 11.82M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |