The9 (NCTY) Total Current Liabilities (2009 - 2025)
The9 (NCTY) posted quarterly Total Current Liabilities of $48.4 million for Q4 2025, up 69.15% year-over-year from $28.6 million in Q4 2024, and up 44.03% on a QoQ basis from $33.6 million in Q2 2025.
The9 (NCTY) Total Current Liabilities (2009 - 2025) Analysis & Trends
The9 (NCTY) has reported Total Current Liabilities for 17 consecutive years, with $48.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Total Current Liabilities rose 69.15% year-over-year to $48.4 million; the TTM figure through Dec 2025 stood at $48.4 million (up 69.15% YoY), while the FY2025 annual figure was $49.1 million, up 74.32% from the prior year.
- Total Current Liabilities came in at $48.4 million for Q4 2025 at The9, up from $33.6 million in the prior quarter.
- The five-year high for Total Current Liabilities was $85.1 million in Q4 2021, with the low at $22.6 million in Q4 2023.
- Average Total Current Liabilities over 5 years is $54.1 million, with a median of $59.1 million recorded in 2021.
- Across the five-year window, Total Current Liabilities plunged 71.49% in 2023 and surged 69.15% in 2025, its largest moves.
- Year by year, Total Current Liabilities stood at $85.1 million in 2021, then dropped by 6.82% to $79.3 million in 2022, then slumped by 71.49% to $22.6 million in 2023, then gained by 26.55% to $28.6 million in 2024, then jumped by 69.15% to $48.4 million in 2025.
- According to Business Quant data, Total Current Liabilities over the past three periods registered $48.4 million, $33.6 million, and $28.6 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Current Liabilities (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 | 24.13 Bn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 35.55 Bn |
| 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 | 77.06 Bn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 651.36 Mn |
| 10 | The9 | 11.51 Bn | 11.51 Bn | - | 48.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 48.42 Mn |
| Jun 30, 2025 | 33.61 Mn |
| Dec 31, 2024 | 28.62 Mn |
| Jun 30, 2024 | 28.34 Mn |
| Dec 31, 2023 | 22.62 Mn |
| Jun 30, 2023 | 75.75 Mn |
| Dec 31, 2022 | 79.32 Mn |
| Jun 30, 2022 | 69.83 Mn |
| Dec 31, 2021 | 85.13 Mn |
| Jun 30, 2021 | 69.71 Mn |
| Dec 31, 2020 | 54.98 Mn |
| Jun 30, 2020 | 74.13 Mn |
| Dec 31, 2019 | 150.12 Mn |
| Jun 30, 2019 | 142.96 Mn |
| Dec 31, 2018 | 131.38 Mn |
| Jun 30, 2018 | 127.85 Mn |
| Dec 31, 2017 | 123.85 Mn |
| Jun 30, 2017 | 83.78 Mn |
| Dec 31, 2016 | 84.09 Mn |
| Jun 30, 2016 | 68.43 Mn |