The9 (NCTY) Total Liabilities : $25.54 Mil (As of Dec. 2023)

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What is The9 Total Liabilities?

The9's Total Liabilities for the quarter that ended in Dec. 2023 was $25.54 Mil.

The9's quarterly Total Liabilities declined from Dec. 2022 ($81.98 Mil) to Jun. 2023 ($75.09 Mil) and declined from Jun. 2023 ($75.09 Mil) to Dec. 2023 ($25.54 Mil).

The9's annual Total Liabilities declined from Dec. 2021 ($85.86 Mil) to Dec. 2022 ($81.98 Mil) and declined from Dec. 2022 ($81.98 Mil) to Dec. 2023 ($25.54 Mil).

The9 Total Liabilities Historical Data

The historical data trend for The9's Total Liabilities 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.

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The9 Total Liabilities Chart

The9 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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201.52

56.10

85.86

81.98

25.54

The9 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Liabilities	Get a 7-Day Free Trial															85.86	70.33	81.98	75.09	25.54

The9 Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

The9's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	22.808	+	(2.736	+	4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	25.54

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	50.94	-	25.397
	=	25.54

The9's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	22.808	+	(2.736	+	4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	25.54

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	50.94	-	25.397
	=	25.54

The9 Total Liabilities Related Terms

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The9 (NCTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The9 Ltd (NAS:NCTY) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

FZK0:Germany

Address

17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai, CHN, 200080

Website

https://www.the9.com

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.