Stardust Power (SDSTW) Equity Ratio (2020 - 2025)
Stardust Power (SDSTW) reported Equity Ratio of 0.49 for Q4 2025, up 77.02% on a YoY basis from 0.28 in Q4 2024, and up 3.19% quarter-over-quarter from 0.51 in Q3 2025.
Stardust Power (SDSTW) Equity Ratio (2020 - 2025) Analysis & Trends
Stardust Power has reported Equity Ratio for 6 years, with the latest figure at 0.49 in Q4 2025.
- For the quarter ending Q4 2025, Equity Ratio rose 77.02% year-over-year to 0.49; the trailing twelve-month figure through Dec 2025 stood at 0.49 (up 77.02% YoY), and the FY2025 full-year result was 0.49, up 77.02% from the prior year.
- Equity Ratio for Q4 2025 stood at 0.49, up from 0.51 in the prior quarter.
- The five-year high for Equity Ratio was 0.01 in Q1 2023, with the low at 3.98 in Q2 2024.
- Historically, Equity Ratio has averaged 0.66 across 5 years, with a median of 0.09 in 2021.
- Annual changes were most pronounced in 2023 — Equity Ratio plunged 9978.99% — and 2025, when it jumped 91.36%.
- Stardust Power's Equity Ratio stood at 0.08 in 2021, then soared by 85.32% to 0.01 in 2022, then sank by 9978.99% to 1.24 in 2023, then slumped by 73.96% to 2.15 in 2024, then soared by 77.02% to 0.49 in 2025.
- The last three Equity Ratio figures came in at 0.49 (Q4 2025), 0.51 (Q3 2025), and 0.34 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 0.57 |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 0.32 |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 0.20 |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 0.55 |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 0.45 |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 0.53 |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 0.60 |
| 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 | 0.62 |
| 10 | Stardust Power | - | - | - | -0.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.49 |
| Sep 30, 2025 | -0.51 |
| Jun 30, 2025 | -0.34 |
| Mar 31, 2025 | -1.12 |
| Dec 31, 2024 | -2.15 |
| Sep 30, 2024 | -2.47 |
| Jun 30, 2024 | -3.98 |
| Mar 31, 2024 | -0.25 |
| Dec 31, 2023 | -1.24 |
| Sep 30, 2023 | -0.07 |
| Jun 30, 2023 | -0.05 |
| Mar 31, 2023 | -0.01 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -0.05 |
| Jun 30, 2022 | -0.05 |
| Mar 31, 2022 | -0.06 |
| Dec 31, 2021 | -0.08 |
| Sep 30, 2021 | -0.09 |
| Jun 30, 2021 | -0.09 |
| Mar 31, 2021 | -0.08 |