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

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

• Quarterly Convertible Debt rose 151.14% year-over-year to $162.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $162.5 million (up 151.14% YoY) and the FY2025 annual result came in at $160.4 million, up 147.95% from the prior year.
• Convertible Debt improved to $162.5 million in Q4 2025 per THCH's latest filing, from $64.7 million in the prior quarter.
• Across five years, Convertible Debt topped out at $162.5 million in Q4 2025 and bottomed at $49.8 million in Q4 2022.
• The 5-year median for Convertible Debt is $58.4 million (2023), against an average of $71.6 million.
• The widest annual swing landed in 2022, when Convertible Debt declined 0.05%; it then surged 151.14% in 2025.
• Tracing THCH's Convertible Debt over 5 years: stood at $49.8 million in 2021, then retreated by 0.05% to $49.8 million in 2022, then gained by 17.37% to $58.4 million in 2023, then gained by 10.75% to $64.7 million in 2024, then surged by 151.14% to $162.5 million in 2025.
• Per Business Quant, the three latest THCH Convertible Debt figures stand at $162.5 million (Q4 2025), $64.7 million (Q4 2024), and $60.3 million (Q1 2024).

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