Growth Metrics

Stardust Power (SDST) Debt to Equity (2021 - 2025)

Stardust Power posted quarterly Debt to Equity of -$0.04 for Q4 2025, up 93.16% year-on-year from -$0.02 in Q4 2024, and up 40.62% on a QoQ basis from -$0.06 in Q3 2025.

Stardust Power (SDST) has 5 years of Debt to Equity data on file, last reported at -$0.04 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 93.16% year-over-year to -$0.04; the trailing twelve-month figure through Dec 2025 stood at -$0.04 (up 93.16% YoY), and the FY2025 full-year result was -$0.04, up 93.16% from the prior year.
  • Debt to Equity for Q4 2025 stood at -$0.04, up from -$0.06 in the prior quarter.
  • Across five years, Debt to Equity topped out at -$0.02 in Q4 2023 and bottomed at -$0.52 in Q1 2025.
  • The 5-year median for Debt to Equity is -$0.05 (2022), against an average of -$0.19.
  • The widest annual swing landed in 2024, when Debt to Equity slumped 2542.56%; it then soared 93.16% in 2025.
  • A 5-year view of Debt to Equity shows it stood at -$0.33 in 2021, then surged by 87.85% to -$0.04 in 2022, then jumped by 51.33% to -$0.02 in 2023, then slumped by 2542.56% to -$0.52 in 2024, then jumped by 93.16% to -$0.04 in 2025.
  • The last three Debt to Equity figures came in at -$0.04 (Q4 2025), -$0.06 (Q3 2025), and -$0.52 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.69
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.41
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.68
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.41
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.25
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.58
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.09
10 Stardust Power 27.64 Mn 24.16 Mn - -0.04

Historic Data

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DateValue
Dec 31, 2025 -0.04
Sep 30, 2025 -0.06
Mar 31, 2025 -0.52
Dec 31, 2024 -0.52
Sep 30, 2024 -0.03
Dec 31, 2023 -0.02
Sep 30, 2022 -0.04
Dec 31, 2021 -0.33