The9 (NCTY) Short term Debt (2013 - 2025)

The9 (NCTY) posted quarterly Short term Debt of $24.6 million for Q4 2025, up 98.32% year-over-year from $12.4 million in Q4 2024, and up 24.79% on a QoQ basis from $19.7 million in Q2 2025.

The9 (NCTY) Short term Debt (2013 - 2025) Analysis & Trends

The9 (NCTY) has reported Short term Debt for 12 consecutive years, with $24.6 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Short term Debt rose 98.32% year-over-year to $24.6 million; the TTM figure through Dec 2025 stood at $24.6 million (up 98.32% YoY), while the FY2025 annual figure was $25.0 million, up 104.39% from the prior year.
  • Short term Debt came in at $24.6 million for Q4 2025 at The9, up from $19.7 million in the prior quarter.
  • The five-year high for Short term Debt was $24.6 million in Q4 2025, with the low at $3.0 million in Q4 2022.
  • Average Short term Debt over 4 years is $12.3 million, with a median of $11.4 million recorded in 2024.
  • Across the five-year window, Short term Debt fell 20.05% in 2022 and jumped 98.32% in 2025, its largest moves.
  • Year by year, Short term Debt stood at $3.7 million in 2021, then decreased by 20.05% to $3.0 million in 2022, then jumped by 316.93% to $12.4 million in 2024, then surged by 98.32% to $24.6 million in 2025.
  • According to Business Quant data, Short term Debt over the past three periods registered $24.6 million, $19.7 million, and $12.4 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 The9 11.51 Bn 11.51 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 24.60 Mn
Jun 30, 2025 19.71 Mn
Dec 31, 2024 12.40 Mn
Jun 30, 2024 1.07 Mn
Dec 31, 2022 2.98 Mn
Dec 31, 2021 3.72 Mn
Dec 31, 2020 4.57 Mn
Dec 31, 2019 28,177.52
Dec 31, 2018 216,944.38
Dec 31, 2017 16.44 Mn
Dec 31, 2016 15.71 Mn
Dec 31, 2015 10.10 Mn
Dec 31, 2014 1.03 Mn
Dec 31, 2013 789,225.22