Coinbase Global (COIN) Debt Ratio (2020 - 2026)
Coinbase Global's (COIN) quarterly Debt Ratio came in at 0.27 in Q1 2026, down 39.12% year-on-year from 0.44 in Q1 2025, and down 36.35% on a QoQ basis from 0.42 in Q4 2025.
Coinbase Global (COIN) Debt Ratio (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of Debt Ratio data on file, last reported at 0.27 in Q1 2026.
- On a quarterly basis, Debt Ratio fell 39.12% year-over-year to 0.27 in Q1 2026; TTM through Mar 2026 was 0.27, a 39.12% decrease from a year earlier, with the FY2025 full-year figure at 0.42, up 125.13% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.27, down from 0.42 in the prior quarter.
- Over the last five years, Debt Ratio for COIN reached as high as 0.63 in Q1 2022 and fell as low as 0.03 in Q1 2024.
- Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.1 in 2022.
- Across the five-year window, Debt Ratio tumbled 89.99% in 2023 and soared 1532.15% in 2025, its largest moves.
- Year by year, Debt Ratio stood at 0.09 in 2022, then jumped by 458.43% to 0.51 in 2023, then sank by 63.3% to 0.19 in 2024, then surged by 125.13% to 0.42 in 2025, then sank by 36.35% to 0.27 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.27 in Q1 2026, 0.42 in Q4 2025, and 0.37 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 0.22 |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 0.02 |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 0.51 |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 0.11 |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 0.32 |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 0.27 |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 1.14 |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 0.13 |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.66 |
| Jun 30, 2021 | 0.57 |