IT Tech Packaging, Inc. (ITP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 13, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ITP SEC filings page.
IT Tech Packaging, Inc. (ITP) reported $78.9M in revenue over the twelve months to Sep 30, 2025, down 0.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The company’s cash generation depends heavily on capital spending swings, while thin margins and rising overhead keep operations loss-making.
In FY2024, operating cash flow of$6.3M coexisted with a net loss of$9.8M , indicating reported losses were cushioned by noncash charges. Because capital spending was only$330K , nearly all operating cash flow remained as free cash flow, making cash output highly sensitive to reinvestment timing.
Margin recovery did not translate into operating profitability: gross margin improved from
The move from negative free cash flow of
Financial Health Signals
Scored against emerging companies for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of IT Tech Packaging, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
IT Tech Packaging, Inc. held $7.0M in cash, cash equivalents and investments at the end of fiscal year 2024, and its operations generated $6.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and IT Tech Packaging, Inc. scores 87/100 among other emerging companies.
IT Tech Packaging, Inc. had 10M shares outstanding at the end of fiscal year 2024, against 10M in fiscal year 2023. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and IT Tech Packaging, Inc. scores 74/100 among other emerging companies.
IT Tech Packaging, Inc. spent $100K on research and development in fiscal year 2024, which was 0.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and IT Tech Packaging, Inc. scores 4/100 among other emerging companies.
IT Tech Packaging, Inc. reported revenue of $75.8M in fiscal year 2024, against $86.5M in fiscal year 2023. Revenue Progress ranks emerging companies on the three-year path of that line, and IT Tech Packaging, Inc. scores 27/100 among other emerging companies.
Not available for IT Tech Packaging, Inc., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
IT Tech Packaging, Inc.'s cash, cash equivalents and investments came to $7.0M at the end of fiscal year 2024, against $21.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and IT Tech Packaging, Inc. scores 35/100 among other emerging companies.
IT Tech Packaging, Inc. scores 0.98, below the 1.81 distress threshold. The score is pulled down most by an operating loss of $8.2M against total assets of $177.5M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
IT Tech Packaging, Inc. passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
IT Tech Packaging, Inc. reported a net loss of $9.8M while generating $6.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
IT Tech Packaging, Inc. reported an operating loss of $8.2M against $762K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
IT Tech Packaging, Inc. generated $25.6M in revenue in Q3 2025. This represents an increase of 2.1% from the same quarter a year earlier. Against the prior quarter it is up 3.3%.
IT Tech Packaging, Inc.'s EBITDA was $2.6M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 27.9% from the same quarter a year earlier. Against the prior quarter it is up 45.0%.
IT Tech Packaging, Inc. reported a net loss of $1.4M in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
IT Tech Packaging, Inc. earned -$0.11 per diluted share (EPS) in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
IT Tech Packaging, Inc. generated $1.5M in free cash flow in Q3 2025, representing cash available after capex. This represents an increase of 21.7% from the same quarter a year earlier. Against the prior quarter it is up 11.7%.
IT Tech Packaging, Inc. held $9.1M in cash against $4.7M in long-term debt as of Q3 2025.
Not reported for Q3 2025.
Margins & Returns
IT Tech Packaging, Inc.'s gross margin was 7.9% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.8 percentage points.
IT Tech Packaging, Inc.'s operating margin was -3.9% in Q3 2025, reflecting core business profitability. This is up 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.
IT Tech Packaging, Inc.'s net profit margin was -5.7% in Q3 2025, showing the share of revenue converted to profit. This is up 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.2 percentage points.
IT Tech Packaging, Inc.'s quarterly ROE was -0.9% in Q3 2025: one quarter's net income over shareholder equity, not annualized. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
Capital Allocation
IT Tech Packaging, Inc. invested $81 in capex in Q3 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 99.6%.
Not reported for Q3 2025.
Not reported for Q3 2025.
ITP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.6M+2.1% | $24.8M-5.5% | $10.9M+58.8% | $17.6M-15.8% | $25.1M+59.0% | $26.2M-12.6% | $6.9M-65.3% | $21.0M-1.9% |
| Cost of Revenue | $23.6M+1.8% | $23.5M+2.3% | $10.8M+67.3% | $16.5M-20.2% | $23.2M+45.5% | $23.0M-20.3% | $6.5M-67.8% | $20.7M |
| Gross Profit | $2.0M+5.4% | $1.3M-61.0% | $84K-78.9% | $1.1M+343.5% | $1.9Mn/m | $3.3M+176.8% | $399Kn/m | $250K-75.6% |
| SG&A Expenses | $3.0M-10.7% | $3.0M+11.7% | $3.5M-11.3% | $4.8M+64.3% | $3.4M+44.8% | $2.7M+105.3% | $3.9M+56.3% | $2.9M+92.6% |
| Operating Income | -$993Kn/m | -$1.8M-421.9% | -$3.4Mn/m | -$3.8Mn/m | -$1.5Mn/m | $548Kn/m | -$3.5Mn/m | -$3.8Mn/m |
| EBITDA | $2.6M+27.9% | $1.8M-54.7% | $170Kn/m | $82Kn/m | $2.0M+115.1% | $3.9M+33.4% | -$20K-102.2% | -$148K-104.8% |
| Interest Expense | $151K-12.1% | $144K-31.9% | $133K-36.8% | $169K-22.0% | $171K-30.8% | $212K-21.8% | $210K-15.6% | $217K-10.2% |
| Income Tax | $306K-11.4% | $47K-88.8% | N/A | $80K | $346Kn/m | $417K+18.7% | $37K | N/A |
| Net Income | -$1.4Mn/m | -$2.0Mn/m | -$3.5Mn/m | -$4.0Mn/m | -$2.0Mn/m | -$78Kn/m | -$3.7Mn/m | -$4.0Mn/m |
| EPS (Basic) | -$0.11n/m | -$0.16 | -$0.35n/m | -$0.40n/m | -$0.20n/m | -$0.01n/m | -$0.37n/m | -$0.40n/m |
| EPS (Diluted) | -$0.11n/m | -$0.16 | -$0.35n/m | -$0.40n/m | -$0.20n/m | -$0.01n/m | -$0.37n/m | -$0.40n/m |
| Diluted Shares (Avg) | 14M+35.3% | 12M | 10M0.0% | N/A | 10M0.0% | 10M0.0% | 10M0.0% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
ITP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $175.7M-7.5% | $175.2M-8.5% | $175.2M-1.3% | $177.5M-8.8% | $190.0M+0.5% | $191.4M-2.7% | $177.5M-14.2% | $194.7M-4.7% |
| Current Assets | $35.8M+8.5% | $32.6M-2.4% | $29.5M-1.7% | $28.5M+0.4% | $33.0M-19.7% | $33.4M-29.9% | $30.0M-41.7% | $28.4M-39.9% |
| Cash & Equivalents | $9.1M+86.4% | $7.5M+24.2% | $5.1M-6.4% | $7.0M+58.3% | $4.9M-48.2% | $6.0M-49.6% | $5.4M-67.7% | $4.4M-53.9% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $3.9M-32.0% | $5.1M-3.6% | $4.6M+32.9% | $2.4M-33.8% | $5.7M+6.9% | $5.3M-19.6% | $3.5M-41.5% | $3.6M+23.8% |
| Accounts Receivable | $2.1M+20.4% | $1.8M-30.2% | $2.1M-10.8% | $288K-50.0% | $1.7M-38.2% | $2.6M+9.2% | $2.4M+6.9% | $576K |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $23.6M-8.0% | $22.8M-18.1% | $22.4M-20.8% | $21.5M-18.6% | $25.7M+34.9% | $27.9M+7.5% | $28.3M+9.9% | $26.4M+14.2% |
| Current Liabilities | $18.7M-10.1% | $21.3M-6.9% | $20.9M-14.8% | $20.1M-5.9% | $20.8M+72.6% | $22.9M+32.5% | $24.6M+35.5% | $21.4M+21.4% |
| Non-Current Liabilities | $5.0M+0.8% | $1.5M-69.9% | $1.5M-60.0% | $1.3M-72.9% | $4.9M-29.7% | $5.0M-42.4% | $3.7M-51.0% | $5.0M-9.0% |
| Long-Term Debt | $4.7M+3.5% | $1.1M-75.1% | $1.1M-65.6% | $1.1M-75.3% | $4.6M-30.4% | $4.5M-59.9% | $3.2M-72.5% | $4.5M+7.1% |
| Total Equity | $152.0M-7.5% | $152.3M-6.8% | $152.8M-7.0% | $156.1M-7.3% | $164.3M-3.3% | $163.5M-4.3% | $164.3M-9.3% | $168.3M-7.2% |
| Retained Earnings | $66.9M-14.1% | $68.3M-14.4% | $70.3M-12.0% | $73.8M-11.8% | $77.8M-11.2% | $79.8M | $79.9M | $83.6M-10.6% |
Not reported in any period shown, so not listed: Goodwill.
ITP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.5M+1.0% | $1.4M+88.9% | -$2.5M-496.4% | $3.5M-35.5% | $1.5M-15.0% | $722K-22.9% | $624K-87.0% | $5.4M+63.5% |
| Depreciation & Amortization | $3.6M+2.6% | $3.5M+4.8% | $3.5M+1.9% | $3.9M+6.1% | $3.5M+1.8% | $3.4M-2.4% | $3.5M-5.5% | $3.7M+2.3% |
| Capital Expenditures | $81-100.0% | $22K-59.8% | $8K-7.3% | $14K-99.9% | $253K-93.1% | $54K-99.0% | $9K-96.9% | $13.1M+358.6% |
| Free Cash Flow | $1.5M+21.7% | $1.3M+100.8% | -$2.5M-503.5% | $3.5Mn/m | $1.2Mn/m | $668Kn/m | $615K-86.4% | -$7.7M-1867.0% |
| Investing Cash Flow | $4Kn/m | -$22Kn/m | -$8Kn/m | -$14Kn/m | -$253Kn/m | -$54Kn/m | -$9Kn/m | -$13.0Mn/m |
| Financing Cash Flow | $2Kn/m | $1.1Mn/m | $585K+38.6% | -$1.1M-147.4% | -$2.5Mn/m | -$392-100.2% | $422K-83.5% | $2.4Mn/m |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
ITP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 7.9%+0.3pp | 5.1%-7.3pp | 0.8%-5.0pp | 6.3%+5.1pp | 7.6%+8.6pp | 12.4%+8.5pp | 5.8%+7.2pp | 1.2%-3.6pp |
| Operating Margin | -3.9%+2.0pp | -7.1%-9.2pp | -31.0%+20.0pp | -21.5%-3.4pp | -5.8%+9.9pp | 2.1%+3.8pp | -51.0%-37.0pp | -18.1%-15.8pp |
| Net Margin | -5.7%+2.2pp | -7.9%-7.6pp | -32.1%+22.4pp | -22.9%-3.9pp | -7.9%+4.7pp | -0.3%+3.9pp | -54.6%-40.8pp | -19.0%+35.6pp |
| Return on Equity | -0.9%+0.3pp | -1.3%-1.2pp | -2.3%0.0pp | -2.6%-0.2pp | -1.2%0.0pp | -0.1%+0.7pp | -2.3%-0.8pp | -2.4%+4.1pp |
| Return on Assets | -0.8%+0.2pp | -1.1%-1.1pp | -2.0%+0.1pp | -2.3%-0.2pp | -1.0%0.0pp | 0.0%+0.6pp | -2.1%-0.8pp | -2.1%+3.7pp |
| Current Ratio | 1.92+0.3x | 1.53+0.1x | 1.41+0.2x | 1.41+0.1x | 1.59-1.8x | 1.46-1.3x | 1.22-1.6x | 1.32-1.3x |
| Debt-to-Equity | 0.030.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.030.0x | 0.030.0x | 0.020.0x | 0.030.0x |
| Liabilities-to-Equity | 0.160.0x | 0.150.0x | 0.150.0x | 0.140.0x | 0.160.0x | 0.170.0x | 0.170.0x | 0.160.0x |
| Asset Turnover | 0.150.0x | 0.140.0x | 0.060.0x | 0.100.0x | 0.130.0x | 0.140.0x | 0.04-0.1x | 0.110.0x |
| FCF Margin | 5.9%+1.0pp | 5.4%+2.9pp | -22.8%-31.8pp | 19.6%+56.3pp | 4.9%+16.9pp | 2.5%+17.0pp | 9.0%-13.8pp | -36.8%-38.8pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| IT Tech Packaging, Inc. ITP | FY2024 | $75.8M | -$9.8M | -13.0% | $2.3M | 45/100 |
| Mercer International Inc MERC | FY2025 | $1.9B | -$498K | 0.0% | $13.8M | 24/100 |
| Sylvamo Corporation SLVM | FY2025 | $3.4B | $132.0M | 3.9% | $1.2B | 48/100 |
| Magnera Corporation MAGN | FY2025 | $3.2B | -$159.0M | -5.0% | $398.7M | 41/100 |
| Clearwater Paper Corporation CLW | FY2025 | $1.6B | -$18.6M | -1.2% | $302.2M | 36/100 |
Where IT Tech Packaging, Inc. Ranks
Frequently Asked Questions
What is IT Tech Packaging, Inc.'s annual revenue?
IT Tech Packaging, Inc. (ITP) reported $75.8M in total revenue for fiscal year 2024. This represents a -12.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is IT Tech Packaging, Inc.'s revenue growing?
IT Tech Packaging, Inc. (ITP) revenue declined by 12.4% year-over-year, from $86.5M to $75.8M in fiscal year 2024.
Is IT Tech Packaging, Inc. profitable?
No, IT Tech Packaging, Inc. (ITP) reported a net loss of $10.9M over the trailing 12 months to September 30, 2025. In fiscal year 2024 it reported a net loss of $9.8M, with a net profit margin of -13.0%.
What is IT Tech Packaging, Inc.'s EBITDA?
IT Tech Packaging, Inc. (ITP) had EBITDA of $6.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does IT Tech Packaging, Inc. have?
As of fiscal year 2024, IT Tech Packaging, Inc. (ITP) had $7.0M in cash and equivalents against $1.1M in long-term debt.
What is IT Tech Packaging, Inc.'s gross margin?
IT Tech Packaging, Inc. (ITP) had a gross margin of 8.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is IT Tech Packaging, Inc.'s operating margin?
IT Tech Packaging, Inc. (ITP) had an operating margin of -10.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is IT Tech Packaging, Inc.'s net profit margin?
IT Tech Packaging, Inc. (ITP) had a net profit margin of -13.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is IT Tech Packaging, Inc.'s return on equity (ROE)?
IT Tech Packaging, Inc. (ITP) has a return on equity of -6.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is IT Tech Packaging, Inc.'s free cash flow?
IT Tech Packaging, Inc. (ITP) generated $6.0M in free cash flow during fiscal year 2024. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is IT Tech Packaging, Inc.'s operating cash flow?
IT Tech Packaging, Inc. (ITP) generated $6.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are IT Tech Packaging, Inc.'s total assets?
IT Tech Packaging, Inc. (ITP) had $177.5M in total assets as of fiscal year 2024, including both current and long-term assets.
What are IT Tech Packaging, Inc.'s capital expenditures?
IT Tech Packaging, Inc. (ITP) invested $330K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does IT Tech Packaging, Inc. spend on research and development?
IT Tech Packaging, Inc. (ITP) invested $100K in research and development during fiscal year 2024.
What is IT Tech Packaging, Inc.'s current ratio?
IT Tech Packaging, Inc. (ITP) had a current ratio of 1.41 as of fiscal year 2024, which is considered adequate.
What is IT Tech Packaging, Inc.'s debt-to-equity ratio?
IT Tech Packaging, Inc. (ITP) had a debt-to-equity ratio of 0.01 as of fiscal year 2024. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is IT Tech Packaging, Inc.'s liabilities-to-equity ratio?
IT Tech Packaging, Inc. (ITP) had a liabilities-to-equity ratio of 0.14 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is IT Tech Packaging, Inc.'s return on assets (ROA)?
IT Tech Packaging, Inc. (ITP) had a return on assets of -5.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is IT Tech Packaging, Inc.'s P/E ratio?
IT Tech Packaging, Inc. (ITP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to September 30, 2025). The market capitalization is $2.3M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is IT Tech Packaging, Inc.'s price-to-sales ratio?
IT Tech Packaging, Inc. (ITP) trades at 0.0x sales, its market capitalization divided by $78.9M revenue, trailing 12 months to September 30, 2025. The market capitalization is $2.3M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is IT Tech Packaging, Inc.'s Altman Z-Score?
IT Tech Packaging, Inc. (ITP) has an Altman Z-Score of 0.98, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is IT Tech Packaging, Inc.'s Piotroski F-Score?
IT Tech Packaging, Inc. (ITP) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are IT Tech Packaging, Inc.'s earnings high quality?
IT Tech Packaging, Inc. (ITP) reported a net loss of $9.8M while generating $6.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can IT Tech Packaging, Inc. cover its interest payments?
IT Tech Packaging, Inc. (ITP) reported an operating loss of $8.2M against $762K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is IT Tech Packaging, Inc.?
IT Tech Packaging, Inc. (ITP) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For IT Tech Packaging, Inc. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.