XChange TEC.INC annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
2025
XChange TEC.INC Debt-to-Assets Ratio Growth & History (XHG)
XChange TEC.INC's debt-to-assets ratio was 0.48 for fiscal 2025.
View full XChange TEC.INC company overviewXChange TEC.INC annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.48 | 0.43 | +1031.09% |
| 2024 | 2024-09-30 | 0.04 | −0.48 | −91.87% |
| 2023 | 2023-09-30 | 0.52 | −0.63 | −54.98% |
| 2022 | 2022-09-30 | 1.15 | −0.86 | −42.73% |
| 2021 | 2021-09-30 | 2.01 | 0.57 | +39.49% |
| 2020 | 2020-09-30 | 1.44 | 1.03 | +247.29% |
| 2019 | 2019-09-30 | 0.42 | — | — |
XChange TEC.INC quarterly debt-to-assets ratio
Q4.19
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | 0.53 | 0.22 | +68.28% |
| Q4 2025 | 2025-09-30 | 0.48 | 0.43 | +1031.09% |
| Q2 2025 | 2025-03-31 | 0.32 | 0.27 | +670.91% |
| Q4 2024 | 2024-09-30 | 0.04 | −0.48 | −91.87% |
| Q2 2024 | 2024-03-31 | 0.04 | −1.03 | −96.19% |
| Q4 2023 | 2023-09-30 | 0.52 | −0.63 | −54.98% |
| Q2 2023 | 2023-03-31 | 1.07 | −4.13 | −79.38% |
| Q4 2022 | 2022-09-30 | 1.15 | −0.86 | −42.73% |
| Q2 2022 | 2022-03-31 | 5.21 | 3.42 | +191.10% |
| Q4 2021 | 2021-09-30 | 2.01 | 0.57 | +39.49% |
| Q2 2021 | 2021-03-31 | 1.79 | — | — |
| Q4 2020 | 2020-09-30 | 1.44 | 1.03 | +247.29% |
| Q4 2019 | 2019-09-30 | 0.42 | — | — |
XChange TEC.INC debt-to-assets ratio trends
Over the last five fiscal years, XChange TEC.INC's debt-to-assets ratio decreased from 1.44 to 0.48, a change of −0.97. The latest reported quarter, Q2 2026, shows 0.53.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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