RLX Technology (RLX) Debt Ratio (2019 - 2026)
RLX Technology's (RLX) quarterly Debt Ratio came in at 0.01 in Q1 2026, up 119.07% YoY from 0.0 in Q1 2025, and up 49.87% on a QoQ basis from 0.01 in Q4 2025.
RLX Technology (RLX) Debt Ratio (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has 8 years of Debt Ratio data on file, last reported at 0.01 in Q1 2026.
- Quarterly Debt Ratio rose 119.07% year-over-year to 0.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.01 (up 119.07% YoY) and the FY2025 annual result came in at 0.01, up 112.84% from the prior year.
- Debt Ratio grew to 0.01 in Q1 2026, from 0.01 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.01 in Q1 2026 to a low of 0.0 in Q4 2022.
- A 5-year average of 0.0 and a median of 0.0 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio tumbled 98.94% — and 2024, when it soared 5822.4%.
- Tracing RLX's Debt Ratio over 5 years: stood at 0.0 in 2022, then jumped by 157.57% to 0.0 in 2023, then soared by 3464.2% to 0.0 in 2024, then surged by 116.66% to 0.01 in 2025, then surged by 49.87% to 0.01 in 2026.
- The last three Debt Ratio figures came in at 0.01 (Q1 2026), 0.01 (Q4 2025), and 0.01 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 0.67 |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | 0.32 |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 0.79 |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 0.01 |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 0.34 |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 0.39 |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 0.01 |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 2.78 |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | - |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.00 |
| Dec 31, 2019 | 0.45 |