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Ratios

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 FY2024, which was down 92.10% from 0.52 recorded in FY2023.
  • XChange TEC.INC's 5-year Debt Ratio high stood at 2.01 for FY2021, and its period low was 0.04 during FY2024.
  • Moreover, its 3-year median value for Debt Ratio was 0.07 (2022), whereas its average is 0.21.
  • In the last 5 years, XChange TEC.INC's Debt Ratio crashed by 96.60% in 2022 and then skyrocketed by 657.35% in 2023.
  • MRY analysis of 5 years shows XChange TEC.INC's Debt Ratio stood at 1.44 in 2020, then skyrocketed by 39.49% to 2.01 in 2021, then crashed 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 Debt Ratio stands at 0.04 for FY2024, versus 0.52 for FY2023 and 0.07 for FY2022.