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| Date | Value |
|---|---|
| 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 |