RLX Technology (RLX) Debt Ratio (2019 - 2026)
RLX Technology's (RLX) quarterly Debt Ratio came in at 0.02 in Q2 2026, up 114.04% on a YoY basis from 0.01 in Q2 2025, and up 25.86% quarter-over-quarter from 0.01 in Q1 2026.
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Analysis
RLX Technology (RLX) Debt Ratio (2019 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Debt Ratio for 8 consecutive years, with 0.02 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 114.04% year-over-year to 0.02; the trailing twelve-month figure through Jun 2026 stood at 0.02 (up 114.04% YoY), and the FY2025 full-year result was 0.03, up 678.4% from the prior year.
- Debt Ratio grew to 0.02 in Q2 2026 per RLX's latest filing, from 0.01 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.03 in Q4 2025 and bottomed at 0.0 in Q4 2022.
- Historically, Debt Ratio has averaged 0.01 across 5 years, with a median of 0.01 in 2022.
- The widest YoY moves for Debt Ratio: up 24090.34% in 2023, down 98.93% in 2023.
- Over 5 years, Debt Ratio stood at 0.0 in 2022, then surged by 24090.34% to 0.01 in 2023, then slumped by 36.05% to 0.0 in 2024, then soared by 691.19% to 0.03 in 2025, then tumbled by 48.55% to 0.02 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.01, and 0.03 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn | 0.72 |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | 0.66 |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn | 0.79 |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn | 0.02 |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn | 0.34 |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | 0.17 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 | - |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 1.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.03 |
| 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 |
| Dec 31, 2023 | 0.01 |
| 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 |
| Dec 31, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.00 |
| Dec 31, 2019 | 0.69 |