Growth Metrics

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

The9's quarterly Short term Debt came in at $24.6 million in Q4 2025, up 98.32% year-on-year from $12.4 million in Q4 2024, and up 24.79% quarter-over-quarter from $19.7 million in Q2 2025.

The9 has reported Short term Debt for 12 years, with the latest figure at $24.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Short term Debt rose 98.32% year-over-year to $24.6 million; the trailing twelve-month figure through Dec 2025 stood at $24.6 million (up 98.32% YoY), and the FY2025 full-year result was $25.0 million, up 104.39% from the prior year.
  • Short term Debt for Q4 2025 stood at $24.6 million, 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.
  • Year-over-year, Short term Debt declined 20.05% in 2022 and soared 98.32% in 2025.
  • Tracing NCTY's Short term Debt over 4 years: stood at $3.7 million in 2021, then fell by 20.05% to $3.0 million in 2022, then surged by 316.93% to $12.4 million in 2024, then soared by 98.32% to $24.6 million in 2025.
  • The last three Short term Debt figures came in at $24.6 million (Q4 2025), $19.7 million (Q2 2025), and $12.4 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 The9 1.57 Bn 1.57 Bn -

Historic Data

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DateValue
Dec 31, 2025 24.60 Mn
Jun 30, 2025 19.71 Mn
Dec 31, 2024 12.40 Mn
Jun 30, 2024 10.34 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
Jun 30, 2017 11.81 Mn
Dec 31, 2016 15.71 Mn
Jun 30, 2016 3.76 Mn
Dec 31, 2015 10.10 Mn
Dec 31, 2014 1.03 Mn
Dec 31, 2013 789,225.22