Stardust Power (SDSTW) Debt Ratio (2021 - 2025)

Stardust Power (SDSTW) reported Debt Ratio of 0.02 for Q4 2025, down 98.43% on a YoY basis from 1.11 in Q4 2024, and down 42.52% quarter-over-quarter from 0.03 in Q3 2025.

Stardust Power (SDSTW) Debt Ratio (2021 - 2025) Analysis & Trends

Stardust Power has reported Debt Ratio for 5 years, with the latest figure at 0.02 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 98.43% year-over-year to 0.02; the trailing twelve-month figure through Dec 2025 stood at 0.02 (down 98.43% YoY), and the FY2025 full-year result was 0.02, down 98.43% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.02, down from 0.03 in the prior quarter.
  • The five-year high for Debt Ratio was 1.11 in Q4 2024, with the low at 0.0 in Q3 2022.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.03 in 2025.
  • Annual changes were most pronounced in 2024 — Debt Ratio jumped 4496.87% — and 2025, when it slumped 98.43%.
  • Stardust Power's Debt Ratio stood at 0.03 in 2021, then tumbled by 92.8% to 0.0 in 2022, then surged by 1115.88% to 0.02 in 2023, then jumped by 4496.87% to 1.11 in 2024, then tumbled by 98.43% to 0.02 in 2025.
  • The last three Debt Ratio figures came in at 0.02 (Q4 2025), 0.03 (Q3 2025), and 0.58 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Novonix 472.68 Bn 472.63 Bn - 0.33
2 Vertiv Holdings 115.80 Bn 113.29 Bn 999.70 Mn 0.22
3 Bloom Energy 73.20 Bn 70.74 Bn 225.54 Mn -
4 nVent Electric 26.87 Bn 26.68 Bn 445.60 Mn 0.22
5 Hubbell 25.27 Bn 24.77 Bn 505.30 Mn 0.31
6 Advanced Energy Industries 13.35 Bn 13.35 Bn 200.90 Mn 0.22
7 Powell Industries 10.72 Bn 10.17 Bn 87.94 Mn -
8 Ballard Power Systems 10.33 Bn 9.80 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.04 Bn 8.77 Bn 520.40 Mn 0.15
10 Stardust Power - - - 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, 2022 0.00
Dec 31, 2021 0.03