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| Date | Value |
|---|---|
| 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 |