X Financial annual net debt
2019
2020
2021
2022
2023
2024
2025
X Financial Net Debt Growth & History (XYF)
X Financial's net debt was −$76.1M for fiscal 2025.
View full X Financial company overviewX Financial annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$76.1M | $8.2M | — |
| 2024 | 2024-12-31 | −$84.4M | $76.9M | — |
| 2023 | 2023-12-31 | −$161.3M | −$83.0M | — |
| 2022 | 2022-12-31 | −$78.3M | $9.7M | — |
| 2021 | 2021-12-31 | −$87.9M | $19.6M | — |
| 2020 | 2020-12-31 | −$107.6M | $27.9M | — |
| 2019 | 2019-12-31 | −$135.5M | — | — |
X Financial quarterly net debt
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | −$76.1M | $8.2M | — |
| Q4 2024 | 2024-12-31 | −$84.4M | $76.9M | — |
| Q4 2023 | 2023-12-31 | −$161.3M | −$83.0M | — |
| Q4 2022 | 2022-12-31 | −$78.3M | $9.7M | — |
| Q4 2021 | 2021-12-31 | −$87.9M | $19.6M | — |
| Q4 2020 | 2020-12-31 | −$107.6M | $27.9M | — |
| Q4 2019 | 2019-12-31 | −$135.5M | — | — |
X Financial net debt trends
Over the last five fiscal years, X Financial's net debt increased from −$107.6M to −$76.1M, a change of $31.4M. The latest reported quarter, Q4 2025, shows −$76.1M.
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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