Alibaba Group Holding Limited (BABA) debt
What Alibaba Group Holding owes, when it comes due, and what it costs to carry, from the balances and cash flows the company reports to the U.S. Securities and Exchange Commission.
At a glance
| Metric | Mar 2026 | Mar 2025 | Change |
|---|---|---|---|
| Total debt | $32.01B | $28.68B | +$3.33B |
| Due within a year | — | $0 | — |
| Long-term debt | $32.01B | $28.68B | +$3.33B |
| Cash and equivalents | $19.07B | $20.05B | −$981M |
| Net debt | $12.94B | $8.63B | +$4.31B |
Total debt is the sum of the debt lines the company reports at that date (long-term, current and short-term borrowings), not a figure the company reports as a total.
Debt over time
| Balance date | Total debt | Due within a year | Long-term debt | Cash |
|---|---|---|---|---|
| Mar 2026 | $32.01B† | — | $32.01B | $19.07B |
| Mar 2025 | $28.68B† | $0 | $28.68B | $20.05B |
| Mar 2024 | $21.89B† | $2.25B | $19.64B | $34.37B |
| Mar 2023 | $22.41B† | $699M | $21.71B | $28.11B |
| Mar 2022 | $20.90B† | — | $20.90B | $29.96B |
| Mar 2021 | $22.21B† | $1.50B | $20.71B | $49.03B |
| Mar 2020 | $16.99B† | — | $16.99B | $46.68B |
| Mar 2019 | — | $1.10B | — | $28.31B |
| Mar 2018 | — | $961M | — | $31.77B |
| Mar 2017 | — | $864M | — | $22.91B |
| Mar 2016 | — | $667M | — | $15.52B |
| Mar 2015 | — | $321M | — | $16.78B |
† Sum of the debt lines the company reports at that date, not a reported total.
Interest cost and borrowing
| Fiscal year | Interest expense | Borrowed | Repaid | Convertible notes issued |
|---|---|---|---|---|
| FY Mar 2026 | $1.42B | — | — | $3.23B |
| FY Mar 2025 | $1.32B | — | — | $4.92B |
| FY Mar 2024 | $1.10B | — | — | — |
| FY Mar 2023 | $862M | — | — | — |
| FY Mar 2022 | $774M | — | — | — |
About these figures
These are the balances Alibaba Group Holding reports in its SEC filings as of each balance-sheet date, and the interest, borrowing and repayments it reports for each period. This page does not show market prices or yields of the company's bonds. "Long-term debt" is the line as the company tags it in its filings and may or may not include the portion due within a year.
All figures from company filings with the SEC.