Kingsoft Cloud Holdings (KCLHF) Debt to Equity (2019 - 2025)

Kingsoft Cloud Holdings (KCLHF) reported Debt to Equity of $0.68 for Q4 2025, down 9.06% on a YoY basis from $0.75 in Q4 2024, and down 9.06% quarter-over-quarter from $0.75 in Q4 2024.

Kingsoft Cloud Holdings (KCLHF) Debt to Equity (2019 - 2025) Analysis & Trends

Kingsoft Cloud Holdings has reported Debt to Equity for 7 years, with the latest figure at $0.68 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 9.06% year-over-year to $0.68; the trailing twelve-month figure through Dec 2025 stood at $0.68 (down 9.06% YoY), and the FY2025 full-year result was $0.67, up 1881.21% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.68, down from $0.75 in the prior quarter.
  • The five-year high for Debt to Equity was $0.75 in Q4 2024, with the low at $0.09 in Q4 2022.
  • Historically, Debt to Equity has averaged $0.38 across 5 years, with a median of $0.18 in 2021.
  • Annual changes were most pronounced in 2021 — Debt to Equity soared 1872.59% — and 2022, when it plunged 46.68%.
  • Kingsoft Cloud Holdings' Debt to Equity stood at $0.18 in 2021, then sank by 46.68% to $0.09 in 2022, then jumped by 76.09% to $0.17 in 2023, then surged by 349.99% to $0.75 in 2024, then slipped by 9.06% to $0.68 in 2025.
  • The last three Debt to Equity figures came in at $0.68 (Q4 2025), $0.75 (Q4 2024), and $0.17 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 0.13
2 Full Truck Alliance 171.61 Bn 169.06 Bn - 0.00
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 1.15
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 0.42
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn -
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn -
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 0.44
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 0.07
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 0.63
10 Kingsoft Cloud Holdings - - 66.54 Mn 0.68

Historic Data

Download Data
DateValue
Dec 31, 2025 0.68
Dec 31, 2024 0.75
Dec 31, 2023 0.17
Dec 31, 2022 0.09
Dec 31, 2021 0.18
Dec 31, 2020 0.01
Dec 31, 2019 -0.04