Solowin Holdings (AXG) Debt Ratio (2023 - 2026)
Solowin Holdings' (AXG) quarterly Debt Ratio came in at 0.06 in Q1 2026, down 87.35% on a YoY basis from 0.44 in Q1 2025, and up 220.83% quarter-over-quarter from 0.02 in Q3 2025.
Analysis
Solowin Holdings (AXG) Debt Ratio (2023 - 2026) Analysis & Trends
Solowin Holdings (AXG) has reported Debt Ratio for 4 consecutive years, with 0.06 the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 87.35% year-over-year to 0.06; the trailing twelve-month figure through Mar 2026 stood at 0.06 (down 87.35% YoY), and the FY2026 full-year result was 0.06, down 87.35% from the prior year.
- Debt Ratio improved to 0.06 in Q1 2026 per AXG's latest filing, from 0.02 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.62 in Q1 2023 and bottomed at 0.02 in Q3 2025.
- Historically, Debt Ratio has averaged 0.32 across 4 years, with a median of 0.33 in 2024.
- The widest YoY moves for Debt Ratio: up 33.23% in 2025, down 95.98% in 2025.
- Over 4 years, Debt Ratio stood at 0.33 in 2023, then surged by 33.06% to 0.43 in 2024, then tumbled by 95.98% to 0.02 in 2025, then soared by 220.83% to 0.06 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.06, 0.02, and 0.44 for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 109.78 Bn | 92.45 Bn | 1.20 Bn | 0.36 |
| 2 | Interactive Brokers | 41.73 Bn | -6.23 Bn | - | 0.18 |
| 3 | LPL Financial Holdings | 28.29 Bn | 25.60 Bn | - | 0.38 |
| 4 | Futu Holdings | 17.07 Bn | -2.58 Bn | 792.50 Mn | 0.05 |
| 5 | UP Fintech Holding | 13.47 Bn | 13.48 Bn | - | 0.01 |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 0.04 |
| 7 | Webull | 4.28 Bn | 3.58 Bn | - | 0.02 |
| 8 | eToro | 2.71 Bn | 1.75 Bn | 63.50 Mn | - |
| 9 | Solowin Holdings | 423.26 Mn | 404.15 Mn | - | 0.06 |
| 10 | Waton Financial | 131.69 Mn | 107.54 Mn | - | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.06 |
| Sep 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.44 |
| Sep 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.33 |
| Sep 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.62 |