The9 (NCTY) Total Debt (2015 - 2026)
The9 (NCTY) reported Total Debt of $21.37 million for Q2 2026, up 8.4% from $19.71 million a year earlier and up 7.0% from the prior quarter.
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Analysis
The9 (NCTY) Total Debt (2015 - 2026) Analysis & Trends
At the end of FY2025, The9 posted Total Debt of $48.56 million, up 279.5% from FY2024.
- Total Debt has a five-year compound annual growth rate of 158.1% (FY2020 to FY2025).
- By year, Total Debt came in at $12.8 million in FY2024 (-22.3%), $16.47 million in FY2023 (+86.3%), $8.84 million in FY2022 (-52.7%) and $18.7 million in FY2021.
- Five-year quarterly Total Debt spans a low of $8.57 million in Q4 2022 and a high of $49.2 million in Q4 2025.
- Year over year, Total Debt gained in three of the last four quarters, with growth averaging 90.6%.
- The high point for year-over-year Total Debt in five years was Q4 2025 (growth of 284.4%); the low point was Q4 2022 (a decline of 54.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,893.85 Bn | 3,651.37 Bn | 73.85 Bn | 98.17 Bn |
| 2 | Meta Platforms | 1,633.93 Bn | 1,336.45 Bn | 49.47 Bn | 83.66 Bn |
| 3 | Netflix | 271.96 Bn | 233.26 Bn | 6.80 Bn | 15.13 Bn |
| 4 | Alibaba Group Holding | 231.45 Bn | 45.22 Bn | 15.11 Bn | 21.54 Bn |
| 5 | Shopify | 218.36 Bn | 195.54 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 135.44 Bn | 107.24 Bn | 6.38 Bn | 12.72 Bn |
| 7 | Booking Holdings | 119.78 Bn | 52.83 Bn | - | 20.18 Bn |
| 8 | Spotify Technology | 119.39 Bn | 76.31 Bn | 1.89 Bn | - |
| 9 | PDD Holdings | 110.49 Bn | -133.29 Bn | 9.45 Bn | - |
| 10 | The9 | 23.72 Mn | 5.52 Mn | 319,000.00 | 21.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.42 Mn |
| Mar 31, 2026 | 20.02 Mn |
| Dec 31, 2025 | 24.94 Mn |
| Jun 30, 2025 | 19.88 Mn |
| Dec 31, 2024 | 18.11 Mn |
| Jun 30, 2024 | 12.60 Mn |
| Dec 31, 2023 | 14.05 Mn |
| Jun 30, 2023 | 11.73 Mn |
| Dec 31, 2022 | 8.76 Mn |
| Jun 30, 2022 | 9.50 Mn |
| Dec 31, 2021 | 14.57 Mn |
| Jun 30, 2021 | 9.75 Mn |
| Jun 30, 2020 | 16.94 Mn |
| Dec 31, 2019 | 76.11 Mn |
| Jun 30, 2019 | 21.43 Mn |
| Dec 31, 2018 | 71.65 Mn |
| Jun 30, 2018 | 16.53 Mn |
| Dec 31, 2017 | 79.79 Mn |
| Jun 30, 2017 | 17.26 Mn |
| Dec 31, 2016 | 28,405.54 Bn |
API Access
The9 Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=NCTY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "NCTY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=NCTY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();