Stardust Power (SDST) Debt Ratio (2023 - 2025)

Stardust Power (SDST) posted Debt Ratio of 0.02 for Q4 2025, down 42.52% on a QoQ basis from 0.03 in Q3 2025, and down 98.43% year-over-year from 1.11 in Q4 2024.

Stardust Power (SDST) Debt Ratio (2023 - 2025) Analysis & Trends

Stardust Power's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.02 for Q4 2025.

  • Quarterly Debt Ratio fell 98.43% year-over-year to 0.02 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.02 (down 98.43% YoY) and the FY2025 annual result came in at 0.02, down 98.43% from the prior year.
  • Debt Ratio was 0.02 for Q4 2025 at Stardust Power, down from 0.03 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.11 in Q4 2024 and bottomed at 0.0 in Q3 2023.
  • A 3-year average of 0.21 and a median of 0.02 in 2023 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio jumped 4496.87% — and 2025, when it sank 98.43%.
  • Stardust Power's Debt Ratio stood at 0.02 in 2023, then soared by 4496.87% to 1.11 in 2024, then sank by 98.43% to 0.02 in 2025.
  • Business Quant data shows SDST's Debt Ratio at 0.02 in Q4 2025, 0.03 in Q3 2025, and 0.58 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 0.30
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 0.22
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 0.31
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 0.22
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 0.44
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 0.15
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn -
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 0.28
10 Stardust Power 12.41 Mn 12.41 Mn - 0.02

Historic Data

Download Data
DateValue
Dec 31, 2025 0.02
Sep 30, 2025 0.03
Mar 31, 2025 0.58
Dec 31, 2024 1.11
Sep 30, 2024 0.07
Dec 31, 2023 0.02
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00