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

XChange TEC.INC (XHG) reported Total Liabilities of $132.7 million for Q3 2025, down 29.01% year-on-year from $186.9 million in Q3 2024, and down 27.63% quarter-over-quarter from $183.3 million in Q1 2025.

XChange TEC.INC (XHG) has 9 years of Total Liabilities data on file, last reported at $132.7 million in Q3 2025.

  • For the quarter ending Q3 2025, Total Liabilities fell 29.01% year-over-year to $132.7 million; the trailing twelve-month figure through Sep 2025 stood at $132.7 million (down 29.01% YoY), and the FY2025 full-year result was $133.4 million, down 30.12% from the prior year.
  • Total Liabilities for Q3 2025 stood at $132.7 million, down from $183.3 million in the prior quarter.
  • Across five years, Total Liabilities topped out at $452.4 million in Q1 2022 and bottomed 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.
  • Across the five-year window, Total Liabilities sank 77.92% in 2022 and jumped 85.42% in 2024, its largest moves.
  • Tracing XHG's Total Liabilities over 5 years: stood at $442.5 million in 2021, then sank by 77.92% to $97.7 million in 2022, then gained by 3.14% to $100.8 million in 2023, then jumped by 85.42% to $186.9 million in 2024, then retreated by 29.01% to $132.7 million in 2025.
  • According to Business Quant data, Total Liabilities over the past three periods registered $132.7 million, $183.3 million, and $186.9 million for Q3 2025, Q1 2025, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 41.45 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 54.50 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 21.58 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 1.00 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - 132.67 Mn
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 7.88 Bn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 269.06 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 4.39 Bn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 597.00 Mn
10 Twfg 279.02 Mn 351.22 Mn - 64.74 Mn

Historic Data

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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