Netcapital (NCPL) Equity Ratio (2013 - 2026)
Netcapital's (NCPL) quarterly Equity Ratio came in at 0.83 in Q1 2026, down 5.42% year-on-year from 0.88 in Q1 2025, and down 1.63% quarter-over-quarter from 0.84 in Q4 2025.
Netcapital (NCPL) Equity Ratio (2013 - 2026) Analysis & Trends
Netcapital has disclosed Equity Ratio across 14 years of filings, most recently posting 0.83 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.83, down 5.42% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.83 (down 5.42% YoY), and the FY2025 annual result was 0.71, down 21.89% from the prior year.
- Equity Ratio came in at 0.83 for Q1 2026 at Netcapital, down from 0.84 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.91 in Q1 2024 to a low of 0.71 in Q2 2025.
- The 5-year median for Equity Ratio is 0.87 (2022), against an average of 0.85.
- Across the five-year window, Equity Ratio soared 44.12% in 2022 and declined 21.89% in 2025, its largest moves.
- Netcapital's Equity Ratio stood at 0.87 in 2022, then gained by 1.1% to 0.88 in 2023, then rose by 1.85% to 0.89 in 2024, then dropped by 5.53% to 0.84 in 2025, then fell by 1.63% to 0.83 in 2026.
- The last three Equity Ratio figures came in at 0.83 (Q1 2026), 0.84 (Q4 2025), and 0.81 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 0.07 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 0.06 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 0.10 |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 0.21 |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | 0.30 |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 0.88 |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 0.04 |
| 10 | Netcapital | 3.85 Mn | 3.13 Mn | 92,524.00 | 0.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.83 |
| Oct 31, 2025 | 0.84 |
| Jul 31, 2025 | 0.81 |
| Apr 30, 2025 | 0.71 |
| Jan 31, 2025 | 0.88 |
| Oct 31, 2024 | 0.89 |
| Jul 31, 2024 | 0.91 |
| Apr 30, 2024 | 0.91 |
| Jan 31, 2024 | 0.91 |
| Oct 31, 2023 | 0.88 |
| Jul 31, 2023 | 0.89 |
| Apr 30, 2023 | 0.86 |
| Jan 31, 2023 | 0.87 |
| Oct 31, 2022 | 0.87 |
| Jul 31, 2022 | 0.87 |
| Apr 30, 2022 | 0.79 |
| Jan 31, 2022 | 0.81 |
| Oct 31, 2021 | 0.72 |
| Jul 31, 2021 | 0.73 |
| Apr 30, 2021 | 0.55 |