Hsbc Holdings annual net debt
2019
2020
2021
2022
2023
2024
2025
Hsbc Holdings Net Debt Growth & History (HSBA)
Hsbc Holdings's net debt was −$429.57B for fiscal 2025.
View full Hsbc Holdings company overviewHsbc Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$429.57B | $2.91B | — |
| 2024 | 2024-12-31 | −$432.48B | $55.64B | — |
| 2023 | 2023-12-31 | −$488.12B | $30.78B | — |
| 2022 | 2022-12-31 | −$518.90B | $51.54B | — |
| 2021 | 2021-12-31 | −$570.45B | −$106.74B | — |
| 2020 | 2020-12-31 | −$463.71B | −$174.57B | — |
| 2019 | 2019-12-31 | −$289.14B | — | — |
Hsbc Holdings quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$94.90B | $204.31B | — |
| Q1 2026 | 2026-03-31 | −$112.97B | — | — |
| Q4 2025 | 2025-12-31 | −$429.57B | $2.91B | — |
| Q3 2025 | 2025-09-30 | −$148.58B | — | — |
| Q2 2025 | 2025-06-30 | −$299.21B | — | — |
| Q4 2024 | 2024-12-31 | −$432.48B | $55.64B | — |
| Q4 2023 | 2023-12-31 | −$488.12B | $30.78B | — |
| Q4 2022 | 2022-12-31 | −$518.90B | $51.54B | — |
| Q4 2021 | 2021-12-31 | −$570.45B | −$106.74B | — |
| Q4 2020 | 2020-12-31 | −$463.71B | −$174.57B | — |
| Q4 2019 | 2019-12-31 | −$289.14B | — | — |
Hsbc Holdings net debt trends
Over the last five fiscal years, Hsbc Holdings's net debt increased from −$463.71B to −$429.57B, a change of $34.14B. The latest reported quarter, Q2 2026, shows −$94.90B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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