IT Tech Packaging, Inc. (ITP)

IT Tech Packaging Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.03	5.92	3.92	9.52	11.2	4.14
Cash & Short-Term Investments	4.03	5.92	3.92	9.52	11.2	4.14
Cash Growth	-10.62%	50.97%	-58.86%	-14.97%	170.41%	-29.04%
Accounts Receivable	2.13	0.29	0.58	-	4.87	2.39
Other Receivables	13.37	13.21	14.26	21.2	22.54	5.96
Receivables	15.5	13.5	14.84	21.2	27.41	8.35
Inventory	8.78	7.99	9	15.81	15.04	1.24
Prepaid Expenses	0.14	0.01	0.12	0.03	-	-
Restricted Cash	1.04	1.03	0.47	-	-	-
Other Current Assets	0.01	0.01	0.01	0.6	1.87	1.18
Total Current Assets	29.5	28.46	28.36	47.17	55.52	14.91
Property, Plant & Equipment	143.97	147.33	164.5	154.18	128.87	147.54
Long-Term Deferred Tax Assets	-	-	-	-	11.27	13.71
Other Long-Term Assets	1.73	1.75	1.88	3.1	45.88	23.72
Total Assets	175.2	177.55	194.74	204.45	241.54	199.87
Accounts Payable	-	0	0	0.01	0.01	0.59
Accrued Expenses	0.83	0.56	1.96	2.52	2.16	1.76
Short-Term Debt	5.04	4.45	1.15	5.6	5.96	6.44
Current Portion of Long-Term Debt	3.56	3.56	6.87	4.84	6.84	5
Current Portion of Leases	0.11	0.25	0.1	0.22	0.21	0.18
Current Income Taxes Payable	-	0.08	-	0.42	1.11	0.26
Other Current Liabilities	11.39	11.25	11.33	4.04	4.15	4.12
Total Current Liabilities	20.93	20.15	21.42	17.64	20.43	18.34
Long-Term Debt	1.11	1.11	4.5	4.2	2.98	4.6
Long-Term Leases	0.38	0.23	0.48	0.58	0.15	0.35
Long-Term Unearned Revenue	-	-	-	0.05	0.16	0.39
Other Long-Term Liabilities	0	0.01	0	0.65	2.06	1.12
Total Liabilities	22.43	21.5	26.41	23.12	25.79	24.79
Common Stock	0.01	0.01	0.01	0.01	0.01	0.03
Additional Paid-In Capital	89.17	89.17	89.17	89.17	89.02	53.99
Retained Earnings	76.36	79.87	89.71	99.66	116.23	115.32
Comprehensive Income & Other	-12.77	-13	-10.56	-7.51	10.5	5.74
Shareholders' Equity	152.78	156.05	168.34	181.32	215.75	175.08
Total Liabilities & Equity	175.2	177.55	194.74	204.45	241.54	199.87
Total Debt	10.21	9.6	13.11	15.44	16.14	16.57
Net Cash (Debt)	-6.17	-3.68	-9.19	-5.92	-4.94	-12.42
Net Cash Per Share	-0.61	-0.37	-0.91	-0.59	-0.54	-4.69
Filing Date Shares Outstanding	10.07	10.07	10.07	10.07	9.9	9.9
Total Common Shares Outstanding	10.07	10.07	10.07	10.07	9.9	2.85
Working Capital	8.57	8.31	6.94	29.53	35.08	-3.43
Book Value Per Share	15.18	15.50	16.72	18.01	21.78	61.35
Tangible Book Value	152.78	156.05	168.34	181.32	215.75	175.08
Tangible Book Value Per Share	15.18	15.50	16.72	18.01	21.78	61.35
Land	80.42	80.31	81.5	57.69	12.79	12.5
Buildings	66.68	66.58	67.94	68.3	74.61	81.23
Machinery	156.74	156.52	158.98	159.18	170.88	164.42
Construction In Progress	-	-	-	1.24	-	0.59

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q