Company / Total Debt
IT TECH PACKAGING, INC. Total Debt History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$4.7M
FY2024
5-year range
$4.7M / $11.4M
FY2020-FY2024
Trend
-58.9%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Total Debt has fluctuated over the past 9 years, ranging from $5M in FY2018 to $11M in FY2023.
Based on SEC 10-K filings.
$5M in FY2024 with a 3-year CAGR of -21.9%.
Improved from $9M to $5M over the past 2 years.
Total Debt over time
Growth rates
- 3-Year CAGR
- -21.9%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -21.9%, indicating a declining trend.
- In FY2024, total debt decreased 58.9% year-over-year.
- Peak total debt was recorded in FY2023.
- Lowest total debt in the period was in FY2018.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $4.7M | -58.9% |
| FY2023 | $11.4M | +25.9% |
| FY2022 | $9.0M | -7.9% |
| FY2021 | $9.8M | +2.3% |
| FY2020 | $9.6M | - |
| FY2019 | - | - |
| FY2018 | $4.5M | -47.3% |
| FY2017 | $8.6M | +6.2% |
| FY2016 | $8.1M | -6.4% |
| FY2015 | $8.6M | - |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026