The9 (NCTY) Total Debt (2013 - 2025)
The9's quarterly Total 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 Total Debt for 13 years, with the latest figure at $24.6 million in Q4 2025.
- For the quarter ending Q4 2025, Total 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 $24.3 million, up 95.8% from the prior year.
- Total Debt for Q4 2025 stood at $24.6 million, up from $19.7 million in the prior quarter.
- The five-year high for Total Debt was $24.6 million in Q4 2025, with the low at $2.3 million in Q4 2023.
- Average Total Debt over 5 years is $11.7 million, with a median of $12.4 million recorded in 2024.
- Year-over-year, Total Debt slumped 49.35% in 2023 and jumped 433.33% in 2024.
- Tracing NCTY's Total Debt over 5 years: stood at $5.9 million in 2021, then slipped by 22.52% to $4.6 million in 2022, then tumbled by 49.35% to $2.3 million in 2023, then jumped by 433.33% to $12.4 million in 2024, then soared by 98.32% to $24.6 million in 2025.
- The last three Total 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) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 119.83 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 259.45 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 | - | 24.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 24.60 Mn |
| Jun 30, 2025 | 19.71 Mn |
| Dec 31, 2024 | 12.40 Mn |
| Jun 30, 2024 | 12.65 Mn |
| Dec 31, 2023 | 2.33 Mn |
| Dec 31, 2022 | 4.59 Mn |
| Dec 31, 2021 | 5.93 Mn |
| Dec 31, 2020 | 4.57 Mn |
| Dec 31, 2019 | 56,553.67 |
| Dec 31, 2018 | 8.48 Mn |
| Dec 31, 2017 | 16.44 Mn |
| Jun 30, 2017 | 17.27 Mn |
| Dec 31, 2016 | 20.86 Mn |
| Jun 30, 2016 | 8.82 Mn |
| Dec 31, 2015 | 15.07 Mn |
| Dec 31, 2014 | 2.05 Mn |
| Dec 31, 2013 | 1.58 Mn |