Kandi Technologies (KNDI) Total Debt (2023 - 2025)
Kandi Technologies (KNDI) posted quarterly Total Debt of $36.9 million for Q4 2025, down 14.77% year-over-year from $43.2 million in Q4 2024, and down 1.43% quarter-over-quarter from $37.4 million in Q2 2025.
Kandi Technologies (KNDI) Total Debt (2023 - 2025) Analysis & Trends
Kandi Technologies (KNDI) has reported Total Debt for 3 consecutive years, with $36.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Total Debt fell 14.77% year-over-year to $36.9 million; the TTM figure through Dec 2025 stood at $36.9 million (down 14.77% YoY), while the FY2025 annual figure was $36.9 million, down 14.77% from the prior year.
- Total Debt fell to $36.9 million in Q4 2025 per KNDI's latest filing, from $37.4 million in the prior quarter.
- Across five years, Total Debt topped out at $32.4 billion in Q3 2024 and bottomed at $17.5 million in Q4 2023.
- Historically, Total Debt has averaged $9.0 billion across 3 years, with a median of $40.3 million in 2024.
- Annual changes were most pronounced in 2024 — Total Debt soared 147.6% — and 2025, when it tumbled 99.82%.
- Kandi Technologies' Total Debt stood at $17.5 million in 2023, then jumped by 147.6% to $43.2 million in 2024, then retreated by 14.77% to $36.9 million in 2025.
- Business Quant data shows KNDI's Total Debt at $36.9 million in Q4 2025, $37.4 million in Q2 2025, and $43.2 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 1.78 Bn |
| 2 | Thor Industries | 4.10 Bn | 3.72 Bn | 354.77 Mn | 877.18 Mn |
| 3 | Polaris | 3.69 Bn | 3.39 Bn | - | 1.95 Bn |
| 4 | Harley-Davidson | 2.90 Bn | 1.00 Bn | 421.12 Mn | 2.24 Bn |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 1.42 Bn |
| 6 | Lci Industries | 2.55 Bn | 2.33 Bn | 301.14 Mn | 856.25 Mn |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 2.10 Bn |
| 8 | Winnebago Industries | 909.42 Mn | 852.32 Mn | 94.90 Mn | 442.90 Mn |
| 9 | Malibu Boats | 554.08 Mn | 503.91 Mn | 41.28 Mn | 165.00 Mn |
| 10 | Kandi Technologies | 51.42 Mn | -77.61 Mn | - | 36.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 36.85 Mn |
| Jun 30, 2025 | 37.39 Mn |
| Dec 31, 2024 | 43.24 Mn |
| Sep 30, 2024 | 32.38 Bn |
| Jun 30, 2024 | 21.34 Bn |
| Dec 31, 2023 | 17.46 Mn |