XChange TEC.INC (XHG) Debt Ratio (2018 - 2026)
XChange TEC.INC's (XHG) Debt Ratio was 9.90 for the quarter ended Mar 31, 2026, up 9.8% from 9.02 a year earlier.
Powered by 
Analysis
XChange TEC.INC (XHG) Debt Ratio (2018 - 2026) Analysis & Trends
For the year ended Sep 30, 2025, Debt Ratio at XChange TEC.INC was 9.51, up 597.2% from the prior year.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 1.36 in the year ended Sep 30, 2024 (+12.8%), 1.21 in the year ended Sep 30, 2023 (+4.9%), 1.15 in the year ended Sep 30, 2022 (-42.7%) and 2.01 in the year ended Sep 30, 2021 (+39.5%).
- The figure for the quarter ended Mar 31, 2026 ranks as the highest quarterly Debt Ratio in data going back to the quarter ended Sep 30, 2018.
- The high point for year-over-year Debt Ratio in five years was the quarter ended Mar 31, 2025 (growth of 826.5%); the low point was the quarter ended Mar 31, 2023 (a decline of 94.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.65 Bn | 87.23 Bn | 9.13 Bn | 0.07 |
| 2 | Progressive | 133.70 Bn | 109.53 Bn | 9.04 Bn | 0.07 |
| 3 | Marsh & Mclennan Companies | 94.75 Bn | 86.91 Bn | - | 0.34 |
| 4 | Travelers Companies | 85.38 Bn | 61.63 Bn | 6.23 Bn | 0.06 |
| 5 | Manulife Financial | 77.63 Bn | -17.25 Bn | - | 0.06 |
| 6 | Arthur J. Gallagher | 69.27 Bn | 63.67 Bn | - | 0.16 |
| 7 | Metlife | 66.42 Bn | -40.36 Bn | 7.82 Bn | 0.01 |
| 8 | Allstate | 66.13 Bn | 27.40 Bn | 8.73 Bn | 0.06 |
| 9 | Aon | 65.25 Bn | 58.47 Bn | - | 0.28 |
| 10 | XChange TEC.INC | 77.27 Mn | 72.14 Mn | - | 26.85 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 26.85 |
| Sep 30, 2025 | 25.10 |
| Mar 31, 2025 | 9.08 |
| Sep 30, 2024 | 1.37 |
| Mar 31, 2024 | 0.96 |
| Sep 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.46 |
| Sep 30, 2022 | 1.22 |
| Mar 31, 2022 | 6.00 |
| Sep 30, 2021 | 2.32 |
| Mar 31, 2021 | 1.78 |
| Sep 30, 2020 | 1.65 |
| Mar 31, 2020 | 0.58 |
| Sep 30, 2019 | 0.42 |
| Sep 30, 2018 | 0.17 |
API Access
XChange TEC.INC Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=XHG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "XHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=XHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();