XChange TEC.INC annual net debt
2019
2020
2021
2022
2023
2024
2025
XChange TEC.INC Net Debt Growth & History (XHG)
XChange TEC.INC's net debt was $3.1M for fiscal 2025.
View full XChange TEC.INC company overviewXChange TEC.INC annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $3.1M | −$432,000 | −12.16% |
| 2024 | 2024-09-30 | $3.6M | −$2.5M | −41.20% |
| 2023 | 2023-09-30 | $6.0M | −$9.0M | −59.96% |
| 2022 | 2022-09-30 | $15.1M | −$100.3M | −86.92% |
| 2021 | 2021-09-30 | $115.4M | −$62.0M | −34.94% |
| 2020 | 2020-09-30 | $177.4M | $95.1M | +115.72% |
| 2019 | 2019-09-30 | $82.2M | — | — |
XChange TEC.INC quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | $4.4M | $16,000 | +0.37% |
| Q4 2025 | 2025-09-30 | $3.1M | −$432,000 | −12.16% |
| Q2 2025 | 2025-03-31 | $4.4M | −$2.3M | −34.41% |
| Q4 2024 | 2024-09-30 | $3.6M | −$2.5M | −41.20% |
| Q2 2024 | 2024-03-31 | $6.6M | −$73.6M | −91.73% |
| Q4 2023 | 2023-09-30 | $6.0M | −$9.0M | −59.96% |
| Q2 2023 | 2023-03-31 | $80.2M | −$37.8M | −32.00% |
| Q4 2022 | 2022-09-30 | $15.1M | −$100.3M | −86.92% |
| Q2 2022 | 2022-03-31 | $118.0M | −$66.3M | −35.99% |
| Q4 2021 | 2021-09-30 | $115.4M | −$62.0M | −34.94% |
| Q2 2021 | 2021-03-31 | $184.3M | — | — |
| Q4 2020 | 2020-09-30 | $177.4M | $95.1M | +115.72% |
| Q4 2019 | 2019-09-30 | $82.2M | — | — |
XChange TEC.INC net debt trends
Over the last five fiscal years, XChange TEC.INC's net debt decreased from $177.4M to $3.1M, a change of −$174.2M. The latest reported quarter, Q2 2026, shows $4.4M.
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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