XChange TEC.INC (XHG) Debt Ratio: 2018-2024
Historic Debt Ratio for XChange TEC.INC (XHG) over the last 7 years, with Sep 2024 value amounting to 0.04.
- XChange TEC.INC's Debt Ratio fell 92.10% to 0.04 in Q3 2024 from the same period last year, while for Sep 2024 it was 0.04, marking a year-over-year decrease of 84.47%. This contributed to the annual value of 0.04 for FY2024, which is 92.10% down from last year.
- Per XChange TEC.INC's latest filing, its Debt Ratio stood at 0.04 for Q3 2024, which was down 92.10% from 0.52 recorded in Q3 2023.
- XChange TEC.INC's 5-year Debt Ratio high stood at 2.01 for Q3 2021, and its period low was 0.04 during Q3 2024.
- For the 3-year period, XChange TEC.INC's Debt Ratio averaged around 0.21, with its median value being 0.07 (2022).
- In the last 5 years, XChange TEC.INC's Debt Ratio plummeted by 96.60% in 2022 and then surged by 657.35% in 2023.
- Over the past 5 years, XChange TEC.INC's Debt Ratio (MRQ) stood at 1.44 in 2020, then soared by 39.49% to 2.01 in 2021, then plummeted by 96.60% to 0.07 in 2022, then surged by 657.35% to 0.52 in 2023, then plummeted by 92.10% to 0.04 in 2024.
- Its last three reported values are 0.04 in Q3 2024, 0.52 for Q3 2023, and 0.07 during Q3 2022.