XChange TEC.INC (XHG) Total Liabilities (2017 - 2025)

XChange TEC.INC (XHG) recorded quarterly Total Liabilities of $132.7 million in Q3 2025, down 27.63% on a QoQ basis from $183.3 million in Q1 2025, and down 29.01% year-over-year from $186.9 million in Q3 2024.

XChange TEC.INC (XHG) Total Liabilities (2017 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Total Liabilities across 9 years of filings, most recently posting $132.7 million for Q3 2025.

  • Quarterly Total Liabilities fell 29.01% year-over-year to $132.7 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $132.7 million (down 29.01% YoY) and the FY2025 annual result came in at $133.4 million, down 30.12% from the prior year.
  • Total Liabilities slipped to $132.7 million in Q3 2025, from $183.3 million in the prior quarter.
  • Over five years, Total Liabilities peaked at $452.4 million in Q1 2022 and troughed at $97.7 million in Q3 2022.
  • A 5-year average of $242.3 million and a median of $185.1 million in 2025 frame the typical range for Total Liabilities.
  • Annual changes were most pronounced in 2022 — Total Liabilities tumbled 77.92% — and 2024, when it jumped 85.42%.
  • Tracing XHG's Total Liabilities over 5 years: stood at $442.5 million in 2021, then slumped by 77.92% to $97.7 million in 2022, then rose by 3.14% to $100.8 million in 2023, then soared by 85.42% to $186.9 million in 2024, then fell by 29.01% to $132.7 million in 2025.
  • Business Quant data shows XHG's Total Liabilities at $132.7 million in Q3 2025, $183.3 million in Q1 2025, and $186.9 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 43.75 Bn
2 Aon 69.98 Bn 68.59 Bn - 41.45 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 54.50 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 21.58 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 1.00 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - 132.67 Mn
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 298.65 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 269.06 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 7.88 Bn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 4.39 Bn

Historic Data

Download Data
DateValue
Sep 30, 2025 132.67 Mn
Mar 31, 2025 183.31 Mn
Sep 30, 2024 186.89 Mn
Mar 31, 2024 217.00 Mn
Sep 30, 2023 100.79 Mn
Mar 31, 2023 163.69 Mn
Sep 30, 2022 97.72 Mn
Mar 31, 2022 452.39 Mn
Sep 30, 2021 442.49 Mn
Mar 31, 2021 445.88 Mn
Sep 30, 2020 411.07 Mn
Mar 31, 2020 348.83 Mn
Sep 30, 2019 372.45 Mn
Sep 30, 2018 376.56 Mn
Sep 30, 2017 119.13 Mn