ECARX Holdings (ECX) Debt Ratio (2021 - 2026)
ECARX Holdings' (ECX) Debt Ratio was 0.58 for the quarter ended Sep 30, 2026, up 2.6% from 0.56 a year earlier and up 2.5% from the prior quarter.
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Analysis
ECARX Holdings (ECX) Debt Ratio (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Debt Ratio at ECARX Holdings was 0.48, up 32.6% from the prior year.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 0.36 in the year ended Dec 31, 2024 (+28.1%), 0.28 in the year ended Dec 31, 2023 (+15.1%), 0.24 in the year ended Dec 31, 2022 (-8.5%) and 0.27 in the year ended Dec 31, 2021.
- The figure for the quarter ended Sep 30, 2026 ranks as the highest quarterly Debt Ratio in data going back to the quarter ended Dec 31, 2021.
- Year over year, Debt Ratio has now increased in each of the last 12 quarters, with growth averaging 24.2% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was the quarter ended Jun 30, 2024 (growth of 82.4%); the low point was the quarter ended Dec 31, 2022 (a decline of 17.8%).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at 0.56 (quarter ended Jun 30, 2026), 0.49 (quarter ended Mar 31, 2026) and 0.48 (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Aurora Innovation | 9.22 Bn | 4.47 Bn | -5.00 Mn | - |
| 2 | Mobileye Global | 4.80 Bn | -908.32 Mn | 261.00 Mn | - |
| 3 | Pony AI | 1.79 Bn | 1.54 Bn | - | 0.01 |
| 4 | NightFood Holdings | 1.52 Bn | 1.52 Bn | 1.61 Mn | 0.45 |
| 5 | WeRide | 1.34 Bn | -1.36 Bn | - | 0.06 |
| 6 | Serve Robotics | 275.15 Mn | -579.22 Mn | -7.56 Mn | - |
| 7 | ECARX Holdings | 259.41 Mn | -114.48 Mn | - | 0.56 |
| 8 | Kodiak AI | 251.84 Mn | -256.28 Mn | - | 0.22 |
| 9 | Securetech Innovations | 248.87 Mn | 248.87 Mn | - | - |
| 10 | Richtech Robotics | 206.87 Mn | -1.08 Bn | 802,000.00 | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.58 |
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.49 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.27 |
API Access
ECARX Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ECX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ECX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();