Stardust Power (SDSTW) Debt to Equity (2021 - 2025)
Stardust Power (SDSTW) reported Debt to Equity of -$0.04 for Q4 2025, up 93.16% on a YoY basis from -$0.02 in Q4 2024, and up 40.62% quarter-over-quarter from -$0.06 in Q3 2025.
Stardust Power (SDSTW) Debt to Equity (2021 - 2025) Analysis & Trends
Stardust Power has reported Debt to Equity for 5 years, with the latest figure 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.
- The five-year high for Debt to Equity was -$0.02 in Q4 2023, with the low at -$0.52 in Q1 2025.
- Historically, Debt to Equity has averaged -$0.19 across 5 years, with a median of -$0.05 in 2022.
- Annual changes were most pronounced in 2024 — Debt to Equity plunged 2542.56% — and 2025, when it soared 93.16%.
- Stardust Power's Debt to Equity stood at -$0.33 in 2021, then jumped by 87.85% to -$0.04 in 2022, then soared by 51.33% to -$0.02 in 2023, then tumbled by 2542.56% to -$0.52 in 2024, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 0.58 |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 0.69 |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 0.41 |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 0.68 |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 0.41 |
| 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 | 0.25 |
| 10 | Stardust Power | - | - | - | -0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |