XChange TEC.INC (XHG) Debt Ratio (2018 - 2025)
XChange TEC.INC (XHG) reported Debt Ratio of 0.47 for Q3 2025, up 1044.65% year-on-year from 0.04 in Q3 2024, and up 1044.65% quarter-over-quarter from 0.04 in Q3 2024.
XChange TEC.INC (XHG) has 8 years of Debt Ratio data on file, last reported at 0.47 in Q3 2025.
- For the quarter ending Q3 2025, Debt Ratio rose 1044.65% year-over-year to 0.47; the trailing twelve-month figure through Sep 2025 stood at 0.47 (up 1044.65% YoY), and the FY2025 full-year result was 0.47, up 2706.53% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.47, up from 0.04 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.94 in Q3 2021 and bottomed at 0.01 in Q1 2023.
- A 5-year average of 0.47 and a median of 0.27 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio tumbled 96.48% in 2022 and jumped 1044.65% in 2025, its largest moves.
- Tracing XHG's Debt Ratio over 5 years: stood at 1.94 in 2021, then tumbled by 96.48% to 0.07 in 2022, then surged by 657.35% to 0.52 in 2023, then tumbled by 92.1% to 0.04 in 2024, then jumped by 1044.65% to 0.47 in 2025.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.47, 0.04, and 0.52 for Q3 2025, Q3 2024, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 0.29 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 0.16 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 0.21 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 0.27 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | 0.47 |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 0.38 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 0.81 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.47 |
| Sep 30, 2024 | 0.04 |
| Sep 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.01 |
| Sep 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.05 |
| Sep 30, 2021 | 1.94 |
| Mar 31, 2021 | 0.66 |
| Sep 30, 2020 | 0.24 |
| Mar 31, 2020 | 0.32 |
| Sep 30, 2019 | 0.24 |
| Sep 30, 2018 | 0.17 |