Kingsway (KWY) Debt Ratio (2011 - 2025)

Kingsway (KWY) recorded quarterly Debt Ratio of 0.06 in Q3 2025, down 11.92% quarter-over-quarter from 0.07 in Q2 2025, and down 17.48% on a YoY basis from 0.07 in Q3 2024.

Kingsway (KWY) Debt Ratio (2011 - 2025) Analysis & Trends

Kingsway's Debt Ratio history runs 15 years deep, the most recent figure standing at 0.06 for Q3 2025.

  • In Q3 2025, Debt Ratio fell 17.48% year-over-year to 0.06; the TTM figure through Sep 2025 stood at 0.06 (down 17.48% YoY), while the FY2024 annual figure was 0.07, up 4.51% from the prior year.
  • Debt Ratio was 0.06 for Q3 2025 at Kingsway, down from 0.07 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.24 in Q4 2022 to a low of 0.06 in Q1 2023.
  • Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.07 in 2024.
  • The sharpest annual moves came in 2021 and 2022: Debt Ratio tumbled 75.07% in 2021, then soared 85.15% in 2022.
  • A 5-year view of Debt Ratio shows it stood at 0.13 in 2021, then jumped by 85.15% to 0.24 in 2022, then slumped by 71.03% to 0.07 in 2023, then advanced by 4.51% to 0.07 in 2024, then fell by 17.79% to 0.06 in 2025.
  • The last three Debt Ratio figures came in at 0.06 (Q3 2025), 0.07 (Q2 2025), and 0.07 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.05
2 Blackstone 96.85 Bn 95.80 Bn - 0.27
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.00
7 Northern Trust 31.92 Bn 31.92 Bn - 0.04
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.04
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Kingsway 292.55 Mn 286.27 Mn 21.51 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.06
Jun 30, 2025 0.07
Mar 31, 2025 0.07
Dec 31, 2024 0.07
Sep 30, 2024 0.07
Jun 30, 2024 0.07
Mar 31, 2024 0.07
Dec 31, 2023 0.07
Sep 30, 2023 0.06
Jun 30, 2023 0.06
Mar 31, 2023 0.06
Dec 31, 2022 0.24
Sep 30, 2022 0.12
Jun 30, 2022 0.12
Mar 31, 2022 0.13
Dec 31, 2021 0.13
Sep 30, 2021 0.13
Jun 30, 2021 0.13
Mar 31, 2021 0.12
Dec 31, 2020 0.11