NetClass Technology (NTCL) Total Debt (2023 - 2026)
NetClass Technology's (NTCL) quarterly Total Debt came in at $2.4 million in Q1 2026, up 549.88% on a YoY basis from $372070.0 in Q1 2025, and up 20.1% quarter-over-quarter from $2.0 million in Q3 2025.
Analysis
NetClass Technology (NTCL) Total Debt (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has reported Total Debt for 4 consecutive years, with $2.4 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Total Debt rose 549.88% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 million (up 549.88% YoY), and the FY2025 full-year result was $2.0 million, up 779.37% from the prior year.
- Total Debt rose to $2.4 million in Q1 2026 per NTCL's latest filing, from $2.0 million in the prior quarter.
- Across five years, Total Debt topped out at $2.4 million in Q1 2026 and bottomed at $180101.0 in Q3 2023.
- Historically, Total Debt has averaged $1.0 million across 4 years, with a median of $372070.0 in 2025.
- The sharpest annual moves came in 2024 and 2025: Total Debt grew 27.12% in 2024, then soared 779.37% in 2025.
- Over 4 years, Total Debt stood at $180101.0 in 2023, then advanced by 27.12% to $228951.0 in 2024, then jumped by 779.37% to $2.0 million in 2025, then gained by 20.1% to $2.4 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $2.4 million, $2.0 million, and $372070.0 for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | - |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 247.46 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | - |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 87.95 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 3.10 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 346,056.61 |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 19.58 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 33.85 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 575.57 Mn |
| 10 | NetClass Technology | 669,307.99 | -912,689.01 | - | 2.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.42 Mn |
| Sep 30, 2025 | 2.01 Mn |
| Mar 31, 2025 | 372,070.00 |
| Sep 30, 2024 | 228,951.00 |
| Sep 30, 2023 | 180,101.00 |