TH International (THCH) Convertible Debt (2021 - 2025)

TH International (THCH) reported Convertible Debt of $162.5 million for Q4 2025, up 151.14% year-over-year from $64.7 million in Q4 2024, and up 151.14% quarter-over-quarter from $64.7 million in Q4 2024.

TH International (THCH) Convertible Debt (2021 - 2025) Analysis & Trends

TH International (THCH) has 5 years of Convertible Debt data on file, last reported at $162.5 million in Q4 2025.

  • Convertible Debt for Q4 2025 came in at $162.5 million, up 151.14% year-over-year; the trailing twelve-month figure through Dec 2025 was $162.5 million (up 151.14% YoY), and the FY2025 annual result was $160.4 million, up 147.95% from the prior year.
  • Convertible Debt climbed to $162.5 million in Q4 2025 per THCH's latest filing, from $64.7 million in the prior quarter.
  • Over five years, Convertible Debt peaked at $162.5 million in Q4 2025 and troughed at $49.8 million in Q4 2022.
  • A 5-year average of $71.6 million and a median of $58.4 million in 2023 frame the typical range for Convertible Debt.
  • The sharpest annual moves came in 2022 and 2025: Convertible Debt retreated 0.05% in 2022, then jumped 151.14% in 2025.
  • A 5-year view of Convertible Debt shows it stood at $49.8 million in 2021, then slipped by 0.05% to $49.8 million in 2022, then climbed by 17.37% to $58.4 million in 2023, then climbed by 10.75% to $64.7 million in 2024, then jumped by 151.14% to $162.5 million in 2025.
  • Business Quant data shows THCH's Convertible Debt at $162.5 million in Q4 2025, $64.7 million in Q4 2024, and $60.3 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn
10 TH International 7.70 Mn -11.48 Mn 38.17 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 162.53 Mn
Dec 31, 2024 64.71 Mn
Mar 31, 2024 60.33 Mn
Dec 31, 2023 58.43 Mn
Sep 30, 2023 55.80 Mn
Dec 31, 2022 49.79 Mn
Dec 31, 2021 49.81 Mn