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
DateValue
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