Company / Depreciation & Amortization
IT TECH PACKAGING, INC. Depreciation & Amortization History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$14.2M
FY2024
5-year range
$14.2M / $15.4M
FY2020-FY2024
Trend
-0.0%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Depreciation & Amortization has declined for 3 consecutive years, from $15M in FY2021 to $14M in FY2024.
Based on SEC 10-K filings.
$14M in FY2024 with a 5-year CAGR of -0.1%.
Improved from $15M to $14M over the past 2 years.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- -2.5%
- 5-Year CAGR
- -0.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- IT TECH PACKAGING, INC.'s depreciation & amortization has declined for 3 consecutive years.
- 5-year CAGR of -0.1%, indicating a declining trend.
- In FY2024, depreciation & amortization decreased 0.0% year-over-year.
- Peak depreciation & amortization was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $14.2M | -0.0% |
| FY2023 | $14.2M | -3.8% |
| FY2022 | $14.8M | -3.7% |
| FY2021 | $15.4M | +0.4% |
| FY2020 | $15.3M | +7.1% |
| FY2019 | $14.3M | -2.3% |
| FY2018 | $14.6M | -4.3% |
| FY2017 | $15.3M | +84.4% |
| FY2016 | $8.3M | +6.3% |
| FY2015 | $7.8M | -7.0% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026