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

LexinFintech Holdings has reported Convertible Debt for 7 years, with the latest figure 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.
• Over five years, Convertible Debt peaked at $297.0 million in Q3 2021 and troughed at $19.8 million in Q1 2024.
• A 5-year average of $240.9 million and a median of $294.5 million in 2021 frame the typical range for Convertible Debt.
• The sharpest annual moves came in 2020 and 2024: Convertible Debt climbed 1.71% in 2020, then tumbled 92.29% in 2024.
• Over 5 years, Convertible Debt stood at $289.7 million in 2020, then grew by 1.63% to $294.5 million in 2021, then retreated by 1.47% to $290.1 million in 2022, then plunged by 75.8% to $70.2 million in 2023, then plunged by 71.84% to $19.8 million in 2024.
• According to Business Quant data, Convertible Debt over the past three periods registered $19.8 million, $70.2 million, and $124.1 million for Q1 2024, Q4 2023, and Q3 2023 respectively.