Kingsway (KWY) Debt to Equity (2011 - 2025)
Kingsway (KWY) recorded quarterly Debt to Equity of $0.83 in Q3 2025, up 15.95% quarter-over-quarter from $0.72 in Q2 2025, and down 30.33% on a YoY basis from $1.2 in Q3 2024.
Kingsway (KWY) Debt to Equity (2011 - 2025) Analysis & Trends
Kingsway's Debt to Equity history runs 15 years deep, the most recent figure standing at $0.83 for Q3 2025.
- In Q3 2025, Debt to Equity fell 30.33% year-over-year to $0.83; the TTM figure through Sep 2025 stood at $0.83 (down 30.33% YoY), while the FY2024 annual figure was $1.59, up 188.55% from the prior year.
- Debt to Equity was $0.83 for Q3 2025 at Kingsway, up from $0.72 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $11.67 in Q1 2022 to a low of $0.45 in Q3 2023.
- Historically, Debt to Equity has averaged $3.26 across 5 years, with a median of $1.45 in 2022.
- The sharpest annual moves came in 2021 and 2023: Debt to Equity soared 312.28% in 2021, then sank 95.88% in 2023.
- A 5-year view of Debt to Equity shows it stood at $7.38 in 2021, then slumped by 43.0% to $4.21 in 2022, then slumped by 86.88% to $0.55 in 2023, then soared by 188.55% to $1.59 in 2024, then plunged by 47.66% to $0.83 in 2025.
- The last three Debt to Equity figures came in at $0.83 (Q3 2025), $0.72 (Q2 2025), and $1.85 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 0.14 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.59 |
| 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 | 0.03 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 0.60 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.28 |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Kingsway | 292.55 Mn | 286.27 Mn | 21.51 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 1.85 |
| Dec 31, 2024 | 1.59 |
| Sep 30, 2024 | 1.20 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 0.66 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 4.21 |
| Sep 30, 2022 | 1.45 |
| Jun 30, 2022 | 6.92 |
| Mar 31, 2022 | 11.67 |
| Dec 31, 2021 | 7.38 |
| Sep 30, 2021 | 8.84 |
| Jun 30, 2021 | 7.20 |
| Mar 31, 2021 | 4.52 |
| Dec 31, 2020 | 4.19 |