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

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

• In Q4 2025, Total Debt fell 66.96% year-over-year to $2.5 million; the TTM figure through Dec 2025 stood at $2.5 million (down 66.96% YoY), while the FY2025 annual figure was $2.4 million, down 67.38% from the prior year.
• Total Debt fell to $2.5 million in Q4 2025 per THCH's latest filing, from $7.4 million in the prior quarter.
• Across five years, Total Debt topped out at $29.3 million in Q1 2024 and bottomed at $2.5 million in Q4 2025.
• Historically, Total Debt has averaged $10.3 million across 5 years, with a median of $7.4 million in 2024.
• Annual changes were most pronounced in 2023 — Total Debt surged 248.35% — and 2025, when it plunged 66.96%.
• TH International's Total Debt stood at $4.1 million in 2021, then advanced by 8.26% to $4.4 million in 2022, then soared by 248.35% to $15.3 million in 2023, then plunged by 51.5% to $7.4 million in 2024, then slumped by 66.96% to $2.5 million in 2025.
• Business Quant data shows THCH's Total Debt at $2.5 million in Q4 2025, $7.4 million in Q4 2024, and $29.3 million in Q1 2024.