The9 (NCTY) Total Liabilities (2009 - 2025)
The9's quarterly Total Liabilities came in at $49.5 million in Q4 2025, up 70.08% year-on-year from $29.1 million in Q4 2024, and up 45.92% quarter-over-quarter from $33.9 million in Q2 2025.
The9 has reported Total Liabilities for 17 years, with the latest figure at $49.5 million in Q4 2025.
- For the quarter ending Q4 2025, Total Liabilities rose 70.08% year-over-year to $49.5 million; the trailing twelve-month figure through Dec 2025 stood at $49.5 million (up 70.08% YoY), and the FY2025 full-year result was $50.2 million, up 75.29% from the prior year.
- Total Liabilities for Q4 2025 stood at $49.5 million, up from $33.9 million in the prior quarter.
- The five-year high for Total Liabilities was $85.5 million in Q4 2021, with the low at $25.3 million in Q4 2023.
- Average Total Liabilities over 5 years is $55.3 million, with a median of $59.6 million recorded in 2021.
- Year-over-year, Total Liabilities plunged 68.48% in 2023 and surged 70.08% in 2025.
- Tracing NCTY's Total Liabilities over 5 years: stood at $85.5 million in 2021, then slipped by 6.04% to $80.4 million in 2022, then sank by 68.48% to $25.3 million in 2023, then gained by 14.94% to $29.1 million in 2024, then surged by 70.08% to $49.5 million in 2025.
- The last three Total Liabilities figures came in at $49.5 million (Q4 2025), $33.9 million (Q2 2025), and $29.1 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1,466.03 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 1,937.40 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 444.09 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 35.79 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 197.49 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 77.11 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 13.15 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 4.60 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 986.11 Mn |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | 49.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 49.52 Mn |
| Jun 30, 2025 | 33.94 Mn |
| Dec 31, 2024 | 29.11 Mn |
| Jun 30, 2024 | 31.96 Mn |
| Dec 31, 2023 | 25.33 Mn |
| Jun 30, 2023 | 76.78 Mn |
| Dec 31, 2022 | 80.36 Mn |
| Jun 30, 2022 | 70.30 Mn |
| Dec 31, 2021 | 85.53 Mn |
| Jun 30, 2021 | 69.71 Mn |
| Dec 31, 2020 | 55.35 Mn |
| Jun 30, 2020 | 74.72 Mn |
| Dec 31, 2019 | 151.01 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 | 123.38 Mn |
| Dec 31, 2016 | 118.16 Mn |
| Jun 30, 2016 | 99.46 Mn |
| Dec 31, 2015 | 94.13 Mn |
| Jun 30, 2015 | 55.08 Mn |
| Dec 31, 2014 | 52.29 Mn |
| Jun 30, 2014 | 54.45 Mn |
| Dec 31, 2013 | 58.63 Mn |
| Dec 31, 2012 | 58.11 Mn |
| Dec 31, 2011 | 59.34 Mn |
| Dec 31, 2010 | 48.45 Mn |
| Jun 30, 2010 | 84.51 Mn |
| Mar 31, 2010 | 44.40 Mn |
| Dec 31, 2009 | 45.69 Mn |
| Sep 30, 2009 | 45.64 Mn |