LexinFintech Holdings (LX) Convertible Debt (2016 - 2024)

LexinFintech Holdings (LX) posted Convertible Debt of $19.8 million for Q1 2024, down 71.84% sequentially from $70.2 million in Q4 2023, and down 92.29% YoY from $256.2 million in Q2 2023.

LexinFintech Holdings (LX) Convertible Debt (2016 - 2024) Analysis & Trends

LexinFintech Holdings (LX) has 7 years of Convertible Debt data on file, last reported at $19.8 million in Q1 2024.

  • Quarterly Convertible Debt fell 92.29% year-over-year to $19.8 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $19.8 million (down 92.29% YoY) and the FY2023 annual result came in at $71.2 million, down 76.21% from the prior year.
  • Convertible Debt retreated to $19.8 million in Q1 2024 per LX's latest filing, from $70.2 million in the prior quarter.
  • The five-year high for Convertible Debt was $297.0 million in Q3 2021, with the low at $19.8 million in Q1 2024.
  • Average Convertible Debt over 5 years is $240.9 million, with a median of $294.5 million recorded in 2021.
  • Year-over-year, Convertible Debt increased 1.71% in 2020 and sank 92.29% in 2024.
  • LexinFintech Holdings' Convertible Debt stood at $289.7 million in 2020, then increased by 1.63% to $294.5 million in 2021, then decreased by 1.47% to $290.1 million in 2022, then sank by 75.8% to $70.2 million in 2023, then sank by 71.84% to $19.8 million in 2024.
  • Business Quant data shows LX's Convertible Debt at $19.8 million in Q1 2024, $70.2 million in Q4 2023, and $124.1 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 Bn -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn
10 LexinFintech Holdings 422,180.00 -142.05 Mn 112.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 19.77 Mn
Dec 31, 2023 70.20 Mn
Sep 30, 2023 124.13 Mn
Jun 30, 2023 198.91 Mn
Mar 31, 2023 256.23 Mn
Dec 31, 2022 290.14 Mn
Sep 30, 2022 295.47 Mn
Jun 30, 2022 296.37 Mn
Mar 31, 2022 295.95 Mn
Dec 31, 2021 294.47 Mn
Sep 30, 2021 296.96 Mn
Jun 30, 2021 294.95 Mn
Mar 31, 2021 295.42 Mn
Dec 31, 2020 289.75 Mn
Sep 30, 2020 294.93 Mn
Dec 31, 2019 290.30 Mn
Sep 30, 2019 289.97 Mn
Dec 31, 2016 102.33 Mn