IT Tech Packaging, Inc. (ITP)

IT Tech Packaging Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4.41	3.92	9.52	11.2	4.14	5.84
Cash & Short-Term Investments	4.41	3.92	9.52	11.2	4.14	5.84
Cash Growth	-53.22%	-58.86%	-14.97%	170.41%	-29.04%	-31.12%
Accounts Receivable	1.73	0.58	-	4.87	2.39	3.12
Other Receivables	1.24	14.26	21.2	22.54	5.96	5.67
Receivables	2.96	14.84	21.2	27.41	8.35	10.65
Inventory	5.73	9	15.81	15.04	1.24	7
Prepaid Expenses	-	0.12	0.03	-	-	-
Restricted Cash	0.48	0.47	-	-	-	-
Other Current Assets	19.38	0.01	0.6	1.87	1.18	0.55
Total Current Assets	32.97	28.36	47.17	55.52	14.91	24.04
Property, Plant & Equipment	155.21	164.5	154.18	128.87	147.54	151.62
Long-Term Deferred Tax Assets	-	-	-	11.27	13.71	10.49
Other Long-Term Assets	1.83	1.88	3.1	45.88	23.72	4.06
Total Assets	190.02	194.74	204.45	241.54	199.87	190.2
Accounts Payable	-	0	0.01	0.01	0.59	0.25
Accrued Expenses	0.36	1.96	2.52	2.16	1.76	1.96
Short-Term Debt	0.86	0.42	5.6	5.96	6.44	6.16
Current Portion of Long-Term Debt	4.37	6.87	4.84	6.84	5	1.61
Current Portion of Leases	0.25	0.1	0.22	0.21	0.18	-
Current Income Taxes Payable	0.35	-	0.42	1.11	0.26	1.38
Other Current Liabilities	14.57	12.06	4.04	4.15	4.12	5.48
Total Current Liabilities	20.75	21.42	17.64	20.43	18.34	16.84
Long-Term Debt	4.57	4.5	4.2	2.98	4.6	7.37
Long-Term Leases	0.37	0.48	0.58	0.15	0.35	-
Long-Term Unearned Revenue	-	-	0.05	0.16	0.39	-
Other Long-Term Liabilities	0	0	0.65	2.06	1.12	-
Total Liabilities	25.69	26.41	23.12	25.79	24.79	24.2
Common Stock	0.01	0.01	0.01	0.01	0.03	0.02
Additional Paid-In Capital	89.17	89.17	89.17	89.02	53.99	51.16
Retained Earnings	83.91	89.71	99.66	116.23	115.32	120.88
Comprehensive Income & Other	-8.77	-10.56	-7.51	10.5	5.74	-6.06
Shareholders' Equity	164.32	168.34	181.32	215.75	175.08	166
Total Liabilities & Equity	190.02	194.74	204.45	241.54	199.87	190.2
Total Debt	10.41	12.39	15.44	16.14	16.57	15.14
Net Cash (Debt)	-6	-8.47	-5.92	-4.94	-12.42	-9.3
Net Cash Per Share	-0.60	-0.84	-0.59	-0.54	-4.69	-4.22
Filing Date Shares Outstanding	10.07	10.07	10.07	9.9	9.9	2.21
Total Common Shares Outstanding	10.07	10.07	10.07	9.9	2.85	2.21
Working Capital	12.22	6.94	29.53	35.08	-3.43	7.21
Book Value Per Share	16.32	16.72	18.01	21.78	61.35	75.26
Tangible Book Value	164.32	168.34	181.32	215.75	175.08	166
Tangible Book Value Per Share	16.32	16.72	18.01	21.78	61.35	75.26
Land	-	81.5	57.69	12.79	12.5	11.69
Buildings	-	67.94	68.3	74.61	81.23	70.81
Machinery	-	158.98	159.18	170.88	164.42	153.54
Construction In Progress	-	-	1.24	-	0.59	6.4

Source: S&P Capital IQ. Standard template. Financial Sources.