The9 Limited Debt/Equity

Debt/Equity of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.

Highlights and Quick Summary

  • Debt/Equity for the quarter ending June 29, 2021 was 0.07 (a -438.71% decrease compared to previous quarter)
  • Year-over-year quarterly Debt/Equity decreased by -111.39%
  • Annual Debt/Equity for 2020 was -0.01 (a -97.87% decrease from previous year)
  • Annual Debt/Equity for 2019 was -0.44 (a -2.89% decrease from previous year)
  • Annual Debt/Equity for 2018 was -0.45 (a 231.81% increase from previous year)
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Historical Debt/Equity of The9 Limited

Most recent Debt/Equityof NCTY including historical data for past 10 years.

Interactive Chart of Debt/Equity of The9 Limited

The9 Limited Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 0.07
2020 -0.02 -0.34 -0.01
2019 -0.65 -0.72 -0.44
2018 -0.69 -0.45
2017 -0.14
2016 -0.48
2015 -0.69
2014 0.0
2013 0.0 0.0 0.0
2012 0.0 0.0 0.0 0.0 0.0
2011 0.0 0.0 0.0 0.0 0.0
2010 0.0 0.0

Business Profile of The9 Limited

Sector: Communication Services
Industry: Electronic Gaming & Multimedia
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. The company was formerly known as Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.