XChange TEC.INC (XHG) Debt Ratio (2018 - 2026)
XChange TEC.INC's (XHG) quarterly Debt Ratio came in at 16.73 in Q1 2026, up 4522.6% YoY from 0.36 in Q1 2025, and up 4.93% on a QoQ basis from 15.94 in Q3 2025.
XChange TEC.INC (XHG) Debt Ratio (2018 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has 9 years of Debt Ratio data on file, last reported at 16.73 in Q1 2026.
- Quarterly Debt Ratio rose 4522.6% year-over-year to 16.73 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.73 (up 4522.6% YoY) and the FY2025 annual result came in at 15.86, up 33257.71% from the prior year.
- Debt Ratio grew to 16.73 in Q1 2026, from 15.94 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 16.73 in Q1 2026 to a low of 0.01 in Q1 2024.
- A 5-year average of 4.35 and a median of 0.36 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio plunged 96.6% — and 2025, when it surged 32636.03%.
- Tracing XHG's Debt Ratio over 5 years: stood at 0.07 in 2022, then surged by 657.35% to 0.52 in 2023, then plunged by 90.61% to 0.05 in 2024, then soared by 32636.03% to 15.94 in 2025, then climbed by 4.93% to 16.73 in 2026.
- The last three Debt Ratio figures came in at 16.73 (Q1 2026), 15.94 (Q3 2025), and 0.36 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | 17.42 |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 0.36 |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 0.28 |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 0.16 |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 0.21 |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 0.26 |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 2.35 |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 0.01 |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.73 |
| Sep 30, 2025 | 15.94 |
| Mar 31, 2025 | 0.36 |
| Sep 30, 2024 | 0.05 |
| Mar 31, 2024 | 0.01 |
| Sep 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.26 |
| Sep 30, 2022 | 0.07 |
| Mar 31, 2022 | 5.21 |
| Sep 30, 2021 | 2.01 |
| Mar 31, 2021 | 1.79 |
| Sep 30, 2020 | 1.44 |
| Mar 31, 2020 | 0.58 |
| Sep 30, 2019 | 0.24 |
| Sep 30, 2018 | 0.17 |