Sea (SE) Convertible Debt (2017 - 2026)
Sea (SE) recorded Convertible Debt of $1.23 billion in the quarter ended Jun 30, 2025, down 55.1% from $2.74 billion a year earlier and down 7.4% from the prior quarter.
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Analysis
Sea (SE) Convertible Debt (2017 - 2026) Analysis & Trends
As of Dec 31, 2024, Sea reported Convertible Debt of $1.48 billion, down 49.9% from the prior year.
- Annual Convertible Debt has declined for three straight years, with a five-year compound annual growth rate of -4.3% (years ended Dec 2019 to Dec 2024).
- Across earlier years, Convertible Debt came in at $2.95 billion in the year ended Dec 31, 2023 (-11.7%), $3.34 billion in the year ended Dec 31, 2022 (-3.9%), $3.48 billion in the year ended Dec 31, 2021 (+88.9%) and $1.84 billion in the year ended Dec 31, 2020 (unchanged).
- The figure for the quarter ended Jun 30, 2025 is the lowest quarterly Convertible Debt since the quarter ended Dec 31, 2023.
- Peak year-over-year performance for Convertible Debt in the last five years was growth of 88.9% in the quarter ended Dec 31, 2021, against a decline of 99.8% in the quarter ended Dec 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.33 billion (quarter ended Mar 31, 2025), $1.48 billion (quarter ended Dec 31, 2024) and $2.72 billion (quarter ended Sep 30, 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn |
| 10 | Sea | 58.10 Bn | 17.99 Bn | 3.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 996.31 Mn |
| Mar 31, 2026 | 995.81 Mn |
| Sep 30, 2025 | 2.34 Bn |
| Jun 30, 2025 | 1.15 Bn |
| Mar 31, 2025 | 1.15 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 152.00 Mn |
| Jun 30, 2024 | 151.92 Mn |
| Mar 31, 2024 | 151.84 Mn |
| Dec 31, 2023 | 3.10 Bn |
| Mar 31, 2023 | 31.27 Mn |
| Dec 31, 2022 | 3.34 Bn |
| Sep 30, 2022 | 31.21 Mn |
| Jun 30, 2022 | 4.18 Bn |
| Mar 31, 2022 | 4.18 Bn |
| Dec 31, 2021 | 3.48 Bn |
| Sep 30, 2021 | 3.50 Bn |
| Jun 30, 2021 | 1.28 Bn |
| Mar 31, 2021 | 1.76 Bn |
| Dec 31, 2020 | 1.84 Bn |
API Access
Sea Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=SE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "SE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=SE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();