Digital Turbine (APPS) Debt Ratio (2011 - 2026)
Digital Turbine's (APPS) Debt Ratio stood at 0.43 in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 14.7% from 0.50 a year earlier but up 3.7% from the prior quarter.
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Analysis
Digital Turbine (APPS) Debt Ratio (2011 - 2026) Analysis & Trends
Starting with fiscal Q4 2011, Digital Turbine's Debt Ratio history includes 53 quarters.
- Across earlier fiscal years, Debt Ratio came in at 0.50 in FY2025 (+13.5%), 0.44 in FY2024 (+36.7%), 0.32 in FY2023 (-11.4%) and 0.37 in FY2022 (+554.0%).
- Quarterly Debt Ratio has ranged from 0.18 in fiscal Q1 2022 to 0.50 in fiscal Q4 2025 over the past five years.
- On a year-over-year basis, Debt Ratio rose in six of the last eight quarters, with growth averaging 14.3%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 554.0% in fiscal Q4 2022, against a decline of 14.9% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.41 (Q3 2026), 0.48 (Q2 2026) and 0.49 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 0.07 |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 0.68 |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | - |
| 10 | Digital Turbine | 1.14 Bn | 984.81 Mn | - | 0.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.18 |
API Access
Digital Turbine Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "APPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();