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The9 (NCTY) Debt-to-Revenue : 0.46 (As of Dec. 2023)


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What is The9 Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

The9's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.78 Mil. The9's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.74 Mil. The9's annualized Revenue for the quarter that ended in Dec. 2023 was $22.97 Mil. The9's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.


The9 Debt-to-Revenue Historical Data

The historical data trend for The9's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The9 Debt-to-Revenue Chart

The9 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,575.08 9.96 0.74 0.71 0.42

The9 Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 0.76 0.60 0.49 0.46

Competitive Comparison of The9's Debt-to-Revenue

For the Capital Markets subindustry, The9's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The9's Debt-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The9's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where The9's Debt-to-Revenue falls into.



The9 Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

The9's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.782 + 2.736) / 25.076
=0.42

The9's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.782 + 2.736) / 22.97
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


The9 Debt-to-Revenue Related Terms

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The9 (NCTY) Business Description

Traded in Other Exchanges
Address
17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai, CHN, 200080
The9 Ltd is engaged in developing and operating online games and related services in China. It operates and develops proprietary and licensed online games, and proprietary mobile games, including CrossFire New Mobile Game and Audition. It generates online game service revenues primarily through an item-based revenue model, under which players play games for free, but are charged for in-game items, such as performance-enhancing items, clothing, and accessories. Geographically, it has a presence in Greater China (including PRC, Taiwan, Hong Kong, and Macau) and other areas.