X Financial annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
X Financial Debt-to-Equity Ratio Growth & History (XYF)
X Financial's debt-to-equity ratio was 0.06 for fiscal 2025.
View full X Financial company overviewX Financial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.06 | 0.01 | +9.52% |
| 2024 | 2024-12-31 | 0.05 | 0.04 | +514.98% |
| 2023 | 2023-12-31 | 0.01 | −0.00 | −34.41% |
| 2022 | 2022-12-31 | 0.01 | 0.01 | +114.74% |
| 2021 | 2021-12-31 | 0.01 | −0.01 | −57.68% |
| 2020 | 2020-12-31 | 0.01 | 0.00 | +1.05% |
| 2019 | 2019-12-31 | 0.01 | — | — |
X Financial quarterly debt-to-equity ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.06 | 0.01 | +9.52% |
| Q4 2024 | 2024-12-31 | 0.05 | 0.04 | +514.98% |
| Q4 2023 | 2023-12-31 | 0.01 | −0.00 | −34.41% |
| Q4 2022 | 2022-12-31 | 0.01 | 0.01 | +114.74% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.01 | −57.68% |
| Q4 2020 | 2020-12-31 | 0.01 | 0.00 | +1.05% |
| Q4 2019 | 2019-12-31 | 0.01 | — | — |
X Financial debt-to-equity ratio trends
Over the last five fiscal years, X Financial's debt-to-equity ratio increased from 0.01 to 0.06, a change of 0.04. The latest reported quarter, Q4 2025, shows 0.06.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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