Bakkt (BKKT) Debt Ratio (2020 - 2025)
Bakkt (BKKT) posted Debt Ratio of 0.12 for Q2 2025, up 9426.5% on a QoQ basis from 0.0 in Q1 2023.
Analysis
Bakkt (BKKT) Debt Ratio (2020 - 2025) Analysis & Trends
Bakkt has reported Debt Ratio for 5 years, with the latest figure at 0.12 in Q2 2025.
- On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.12 in Q2 2025; TTM through Jun 2025 was 0.12, a N/A change from a year earlier, with the FY2022 full-year figure at 0.0, up 903.36% from the prior year.
- Debt Ratio was 0.12 for Q2 2025 at Bakkt, up from 0.0 in the prior quarter.
- The five-year high for Debt Ratio was 0.12 in Q2 2025, with the low at 0.0 in Q1 2022.
- Average Debt Ratio over 4 years is 0.02, with a median of 0.0 recorded in 2022.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio plunged 93.55% in 2021, then surged 903.36% in 2022.
- Over 4 years, Debt Ratio stood at 0.0 in 2021, then soared by 903.36% to 0.0 in 2022, then slumped by 51.97% to 0.0 in 2023, then surged by 9426.5% to 0.12 in 2025.
- The last three Debt Ratio figures came in at 0.12 (Q2 2025), 0.0 (Q1 2023), and 0.0 (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 51.24 Bn | 42.45 Bn | 1.16 Bn | 0.41 |
| 2 | Bullish | 5.78 Bn | 5.72 Bn | 15.53 Mn | 0.00 |
| 3 | Cypherpunk Technologies | 663.58 Mn | 663.58 Mn | - | - |
| 4 | Canton Strategic Holdings | 498.79 Mn | 498.79 Mn | - | - |
| 5 | Bakkt | 387.06 Mn | 336.37 Mn | 2.21 Mn | - |
| 6 | Coincheck | 264.39 Mn | 162.79 Mn | 11.20 Mn | 0.30 |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Exodus Movement | 205.10 Mn | -149.98 Mn | - | - |
| 9 | Usbc | 197.95 Mn | 194.29 Mn | - | 0.23 |
| 10 | TON Strategy | 191.64 Mn | 191.61 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 0.12 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.00 |