The9 (NCTY) Total Debt (2013 - 2025)

The9 (NCTY) posted quarterly Total Debt of $24.6 million for Q4 2025, up 98.34% year-over-year from $12.4 million in Q4 2024, and up 98.34% quarter-over-quarter from $12.4 million in Q4 2024.

The9 (NCTY) Total Debt (2013 - 2025) Analysis & Trends

The9's Total Debt history runs 13 years deep, the most recent figure standing at $24.6 million for Q4 2025.

  • In Q4 2025, Total Debt rose 98.34% year-over-year to $24.6 million; the TTM figure through Dec 2025 stood at $24.6 million (up 98.34% YoY), while the FY2025 annual figure was $25.0 million, up 104.8% from the prior year.
  • Total Debt for Q4 2025 stood at $24.6 million, up from $12.4 million in the prior quarter.
  • The five-year high for Total Debt was $24.6 million in Q4 2025, with the low at $382494.8 in Q2 2023.
  • The 5-year median for Total Debt is $3.1 million (2021), against an average of $6.5 million.
  • The sharpest annual moves came in 2023 and 2024: Total Debt slipped 21.82% in 2023, then surged 504.78% in 2024.
  • The9's Total Debt stood at $3.7 million in 2021, then dropped by 20.05% to $3.0 million in 2022, then retreated by 21.82% to $2.3 million in 2023, then soared by 433.34% to $12.4 million in 2024, then jumped by 98.34% to $24.6 million in 2025.
  • Business Quant data shows NCTY's Total Debt at $24.6 million in Q4 2025, $12.4 million in Q4 2024, and $2.3 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 122.94 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 403.60 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 1.57 Bn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 20.54 Bn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -250,000.00
8 Interactive Brokers 39.54 Bn -3.28 Bn - 32.02 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 7.46 Bn
10 The9 49,552.00 -5.97 Mn 363.81 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 24.60 Mn
Dec 31, 2024 12.40 Mn
Jun 30, 2024 2.31 Mn
Dec 31, 2023 2.33 Mn
Jun 30, 2023 382,494.77
Dec 31, 2022 2.98 Mn
Dec 31, 2021 3.72 Mn
Jun 30, 2021 3.17 Mn
Dec 31, 2020 4.57 Mn
Dec 31, 2019 33.35 Mn
Dec 31, 2018 16.27 Mn
Dec 31, 2017 22.32 Mn
Jun 30, 2017 5.46 Mn
Dec 31, 2016 20.91 Mn
Jun 30, 2016 5.16 Mn
Dec 31, 2015 17.16 Mn
Dec 31, 2014 1.03 Mn
Dec 31, 2013 789,225.22