Stablecoin Development (SDEV) Debt Ratio (2010 - 2025)
Stablecoin Development's Debt Ratio came in at 0.01 for Q4 2025, down 95.5% from 0.17 a year earlier and down 82.6% from the prior quarter.
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Analysis
Stablecoin Development (SDEV) Debt Ratio (2010 - 2025) Analysis & Trends
Going back to Q4 2010, Stablecoin Development's Debt Ratio data covers 23 quarters.
- Going back by year, Debt Ratio was 0.17 in FY2024 (+31.1%), 0.13 in FY2023 and 0.00 in FY2021.
- The Q4 2025 figure represents the lowest quarterly Debt Ratio since Q4 2021.
- Year-over-year, Debt Ratio increased in three of the last seven quarters, with growth averaging 1.9%.
- Business Quant data shows SDEV's Debt Ratio at 0.04 (Q3 2025), 0.02 (Q2 2025) and 0.01 (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | 0.07 |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | - |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | 0.26 |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | 0.03 |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | 0.13 |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | 0.17 |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | 0.03 |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | 0.16 |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | - |
| 10 | Stablecoin Development | 25.28 Mn | -10.36 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.07 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2020 | 0.01 |
| Jun 30, 2020 | 0.04 |
| Mar 31, 2020 | 0.23 |
| Dec 31, 2019 | 0.23 |
| Sep 30, 2019 | 0.21 |
| Jun 30, 2019 | 0.11 |
| Mar 31, 2019 | 0.10 |
| Jun 30, 2016 | 0.07 |
API Access
Stablecoin Development Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();