Growth Metrics

TH International (THCH) Total Non-Current Liabilities (2021 - 2025)

TH International (THCH) reported Total Non-Current Liabilities of $198.9 million for Q4 2025, up 66.03% year-over-year from $119.8 million in Q4 2024, and up 66.03% on a QoQ basis from $119.8 million in Q4 2024.

TH International (THCH) has 5 years of Total Non-Current Liabilities data on file, last reported at $198.9 million in Q4 2025.

  • Quarterly Total Non-Current Liabilities rose 66.03% year-over-year to $198.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $198.9 million (up 66.03% YoY) and the FY2025 annual result came in at $196.3 million, up 63.91% from the prior year.
  • Total Non-Current Liabilities improved to $198.9 million in Q4 2025 per THCH's latest filing, from $119.8 million in the prior quarter.
  • Across five years, Total Non-Current Liabilities topped out at $375.6 million in Q3 2023 and bottomed at $59.2 million in Q4 2021.
  • The 5-year median for Total Non-Current Liabilities is $172.5 million (2023), against an average of $208.1 million.
  • The widest annual swing landed in 2022, when Total Non-Current Liabilities surged 188.19%; it then plunged 30.55% in 2024.
  • Tracing THCH's Total Non-Current Liabilities over 5 years: stood at $59.2 million in 2021, then surged by 188.19% to $170.6 million in 2022, then increased by 1.11% to $172.5 million in 2023, then sank by 30.55% to $119.8 million in 2024, then soared by 66.03% to $198.9 million in 2025.
  • Per Business Quant, the three latest THCH Total Non-Current Liabilities figures stand at $198.9 million (Q4 2025), $119.8 million (Q4 2024), and $359.9 million (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Non-Current Liabilities (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 13.33 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 6.32 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 18.66 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 8.86 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 4.57 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.84 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 5.16 Bn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 TH International 9.22 Mn -9.96 Mn 38.17 Mn 198.92 Mn

Historic Data

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DateValue
Dec 31, 2025 198.92 Mn
Dec 31, 2024 119.81 Mn
Mar 31, 2024 359.87 Mn
Dec 31, 2023 172.50 Mn
Sep 30, 2023 375.59 Mn
Dec 31, 2022 170.62 Mn
Dec 31, 2021 59.20 Mn