TH International (THCH) Short term Debt (2021 - 2025)

TH International (THCH) has reported Short term Debt for 5 consecutive years, with $2.5 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Short term Debt fell 63.35% year-over-year to $2.5 million; the TTM figure through Dec 2025 stood at $2.5 million (down 63.35% YoY), while the FY2025 annual figure was $2.4 million, down 63.81% from the prior year.
• Short term Debt fell to $2.5 million in Q4 2025 per THCH's latest filing, from $6.7 million in the prior quarter.
• Across five years, Short term Debt topped out at $28.9 million in Q1 2024 and bottomed at $2.2 million in Q4 2021.
• Historically, Short term Debt has averaged $9.3 million across 5 years, with a median of $6.7 million in 2024.
• Annual changes were most pronounced in 2023 — Short term Debt jumped 313.83% — and 2025, when it sank 63.35%.
• TH International's Short term Debt stood at $2.2 million in 2021, then surged by 43.62% to $3.2 million in 2022, then jumped by 313.83% to $13.1 million in 2023, then plunged by 48.8% to $6.7 million in 2024, then plunged by 63.35% to $2.5 million in 2025.
• Business Quant data shows THCH's Short term Debt at $2.5 million in Q4 2025, $6.7 million in Q4 2024, and $28.9 million in Q1 2024.