Stablecoin Development (SDEV) Debt Ratio (2010 - 2025)
Stablecoin Development's (SDEV) quarterly Debt Ratio came in at 0.01 in Q4 2025, down 95.51% year-over-year from 0.17 in Q4 2024, and down 82.65% quarter-over-quarter from 0.04 in Q3 2025.
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Analysis
Stablecoin Development (SDEV) Debt Ratio (2010 - 2025) Analysis & Trends
Stablecoin Development (SDEV) has reported Debt Ratio for 10 consecutive years, with 0.01 the latest figure, recorded in Q4 2025.
- On a quarterly basis, Debt Ratio fell 95.51% year-over-year to 0.01 in Q4 2025; TTM through Dec 2025 was 0.01, a 95.51% decrease from a year earlier, with the FY2025 full-year figure at 0.01, down 95.51% from the prior year.
- Debt Ratio was 0.01 for Q4 2025 at Stablecoin Development, down from 0.04 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.21 in Q1 2024 and troughed at 0.0 in Q4 2021.
- A 4-year average of 0.08 and a median of 0.06 in 2023 frame the typical range for Debt Ratio.
- The widest YoY moves for Debt Ratio: up 224.83% in 2025, down 95.97% in 2025.
- Over 4 years, Debt Ratio stood at 0.0 in 2021, then jumped by 2774.11% to 0.13 in 2023, then surged by 31.15% to 0.17 in 2024, then plunged by 95.51% to 0.01 in 2025.
- The last three Debt Ratio figures came in at 0.01 (Q4 2025), 0.04 (Q3 2025), and 0.02 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 94.04 Bn | 96.47 Bn | - | 0.26 |
| 2 | Kkr | 88.71 Bn | -188.36 Bn | - | - |
| 3 | Brookfield | 84.30 Bn | 53.74 Bn | 19.38 Bn | 0.17 |
| 4 | Brookfield Asset Management | 73.57 Bn | 73.30 Bn | - | 0.17 |
| 5 | Apollo Global Management | 72.51 Bn | 67.61 Bn | 10.54 Bn | 0.03 |
| 6 | Wheaton Precious Metals | 68.51 Bn | 68.41 Bn | 687.86 Mn | 0.16 |
| 7 | Franco Nevada | 51.37 Bn | 49.83 Bn | 451.00 Mn | - |
| 8 | Ares Management | 44.61 Bn | 49.53 Bn | - | 0.15 |
| 9 | Tpg | 18.17 Bn | 19.73 Bn | - | 0.17 |
| 10 | Stablecoin Development | 31.98 Mn | 25.01 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 | 0.17 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.08 |
| 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 |
| Sep 30, 2017 | 0.05 |
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();