Qfin Holdings (QFIN) Debt Ratio (2017 - 2026)
Qfin Holdings' (QFIN) quarterly Debt Ratio came in at 0.04 in Q2 2026, up 68.99% year-over-year from 0.02 in Q2 2025, and up 57.29% quarter-over-quarter from 0.03 in Q1 2026.
Analysis
Qfin Holdings (QFIN) Debt Ratio (2017 - 2026) Analysis & Trends
Qfin Holdings has disclosed Debt Ratio across 10 years of filings, most recently posting 0.04 for Q2 2026.
- In Q2 2026, Debt Ratio rose 68.99% year-over-year to 0.04; the TTM figure through Jun 2026 stood at 0.04 (up 68.99% YoY), while the FY2025 annual figure was 0.04, up 35.16% from the prior year.
- Debt Ratio came in at 0.04 for Q2 2026 at Qfin Holdings, up from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.04 in Q2 2026 to a low of 0.0 in Q1 2023.
- Average Debt Ratio over 5 years is 0.02, with a median of 0.02 recorded in 2023.
- The largest YoY upside for Debt Ratio was 368.77% in 2023 against a maximum downside of 77.46% in 2023.
- Over 5 years, Debt Ratio stood at 0.0 in 2022, then surged by 368.77% to 0.02 in 2023, then surged by 63.3% to 0.03 in 2024, then surged by 37.09% to 0.04 in 2025, then increased by 5.06% to 0.04 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q2 2026, 0.03 in Q1 2026, and 0.04 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.43 Bn | 1.99 Bn | 303.39 Mn | 0.05 |
| 2 | Pagaya Technologies | 1.70 Bn | 1.51 Bn | 168.33 Mn | 0.28 |
| 3 | Qfin Holdings | 986.27 Mn | -9.51 Mn | - | 0.04 |
| 4 | FinVolution | 836.54 Mn | -90.46 Mn | - | 0.05 |
| 5 | X Financial | 386.17 Mn | -182.14 Mn | 84.09 Mn | 0.03 |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 0.36 |
| 7 | Blend Labs | 279.09 Mn | 234.22 Mn | 24.89 Mn | - |
| 8 | LexinFintech Holdings | 251.25 Mn | 251.25 Mn | 73.06 Mn | 0.07 |
| 9 | Jiayin | 76.25 Mn | 2.23 Mn | - | 0.07 |
| 10 | Antalpha Platform Holding | 76.02 Mn | -813.69 Mn | 11.94 Mn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.02 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.01 |