The9 (NCTY) Debt Ratio (2013 - 2025)

The9 (NCTY) has reported Debt Ratio for 13 consecutive years, with 0.29 the latest figure, recorded in Q4 2025.

• In Q4 2025, Debt Ratio rose 109.97% year-over-year to 0.29; the TTM figure through Dec 2025 stood at 0.29 (up 109.97% YoY), while the FY2025 annual figure was 0.29, up 101.14% from the prior year.
• Debt Ratio came in at 0.29 for Q4 2025 at The9, up from 0.2 in the prior quarter.
• The five-year high for Debt Ratio was 0.29 in Q4 2025, with the low at 0.01 in Q2 2023.
• Average Debt Ratio over 5 years is 0.11, with a median of 0.1 recorded in 2022.
• Across the five-year window, Debt Ratio tumbled 95.37% in 2021 and jumped 1705.86% in 2024, its largest moves.
• Year by year, Debt Ratio stood at 0.03 in 2021, then surged by 88.52% to 0.05 in 2022, then fell by 15.54% to 0.05 in 2023, then jumped by 203.98% to 0.14 in 2024, then surged by 109.97% to 0.29 in 2025.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.29, 0.2, and 0.14 for Q4 2025, Q2 2025, and Q4 2024 respectively.