IT Tech Packaging
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has IT Tech Packaging's balance sheet done over the years? Its assets were worth $194,743,649 last year, which is less than in the previous period. 14% of IT Tech Packaging’s total assets is currently financed by debt. Its liabilities reached the amount of $26,406,786, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2014 | 239767585 | 64.82M | 27.04% |
|---|---|---|---|
| 2015 | 238626919 | 62.81M | 26.32% |
| 2016 | 208377618 | 35.62M | 17.1% |
| 2017 | 218989481 | 33.66M | 15.37% |
| 2018 | 203076010 | 36.52M | 17.99% |
| 2019 | 190198430 | 24.20M | 12.73% |
| 2020 | 199874474 | 24.79M | 12.4% |
| 2021 | 241535202 | 25.78M | 10.68% |
| 2022 | 204447233 | 23.12M | 11.31% |
| 2023 | 194743649 | 26.40M | 13.56% |
ITP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.91M | 9.52M | 11.20M | 4.14M | 5.83M | 8.47M | 2.89M | 2.33M | 2.64M | 3.89M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 14.83M | 21.20M | 12.67M | 8.34M | 10.64M | 8.63M | 1.84M | 3.89M | 1.90M | 3.98M |
Inventory | 9.00M | 2.87M | 5.84M | 1.23M | 1.60M | 2.92M | 8.47M | 5.63M | 9.20M | 7.13M |
Other current assets | 597.99K | 584.49K | 885.03K | 1.17M | 551.96K | 481.01K | 6.77M | 451.56K | 12.59M | 11.54M |
Total current assets | 28.35M | 47.16M | 55.51M | 14.90M | 24.04M | 24.15M | 19.98M | 14.47M | 26.34M | 26.55M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 164.50M | 97.52M | 172.32M | 156.19M | 141.36M | 155.94M | 176.90M | 175.93M | 207.59M | 209.70M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 81.50M | 57.68M | 12.79M | 12.49M | 11.68M | 11.88M | 12.47M | 11.75M | 7.30M | 7.75M |
Long term investments | 0 | 2.06M | 2.43M | 2.56M | 2.62M | 2.81M | 3.04M | 2.94M | -7.30M | -7.75M |
Other non-current assets | -79.62M | -17.10M | -12.79M | 0 | 0 | 0 | 0 | 0 | 3.26M | 3.22M |
Total non-current assets | 166.38M | 157.28M | 186.01M | 184.96M | 166.15M | 178.91M | 199.00M | 193.90M | 212.28M | 213.21M |
Total assets | 194.74M | 204.44M | 241.53M | 199.87M | 190.19M | 203.07M | 218.98M | 208.37M | 238.62M | 239.76M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 136.16K | 0 | 39.69K | 82.62K | 98.31K | 0 | 0 | 28.83K | 0 | -16.11M |
Short term debt | 7.49M | 10.65M | 13.00M | 11.61M | 7.76M | 17.93M | 19.68M | 15.99M | 34.58M | 40.71M |
Total current liabilities | 21.41M | 17.64M | 20.43M | 18.34M | 16.83M | 29.63M | 21.75M | 20.58M | 40.23M | 44.47M |
| Non-current liabilities: | ||||||||||
Long term debt | 4.98M | 4.78M | 3.13M | 4.95M | 7.36M | 6.89M | 11.90M | 14.93M | 22.25M | 19.65M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 54 | -16.45M | 2.06M | 1.11M | -7.36M | 0 | 0 | 15.03B | 0 | 0 |
Total non-current liabilities | 4.98M | 5.48M | 5.35M | 6.45M | 7.36M | 6.89M | 11.90M | 15.03M | 22.57M | 20.35M |
Total liabilities | 26.40M | 23.12M | 25.78M | 24.79M | 24.20M | 36.52M | 33.66M | 35.62M | 62.81M | 64.82M |
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