The9 (NCTY) Debt to Equity: 2009-2024
- The9's Debt to Equity fell 34.54% to $0.26 in Q4 2024 from the same period last year, while for Dec 2024 it was $0.26, marking a year-over-year decrease of 34.54%. This contributed to the annual value of $0.26 for FY2024, which is 34.54% down from last year.
- As of Q4 2024, The9's Debt to Equity stood at $0.26, which was up 652.01% from $0.03 recorded in Q2 2024.
- In the past 5 years, The9's Debt to Equity registered a high of $1.19 during Q4 2022, and its lowest value of -$0.11 during Q2 2023.
- In the last 3 years, The9's Debt to Equity had a median value of $0.17 in 2022 and averaged $0.31.
- Its Debt to Equity has fluctuated over the past 5 years, first spiked by 2,352.27% in 2022, then tumbled by 237.19% in 2023.
- Quarterly analysis of 5 years shows The9's Debt to Equity stood at -$0.08 in 2020, then skyrocketed by 163.56% to $0.05 in 2021, then spiked by 2,352.27% to $1.19 in 2022, then crashed by 66.34% to $0.40 in 2023, then crashed by 34.54% to $0.26 in 2024.
- Its Debt to Equity was $0.26 in Q4 2024, compared to $0.03 in Q2 2024 and $0.40 in Q4 2023.
