SurgePays (SURG) Debt Ratio (2012 - 2026)
SurgePays' (SURG) Debt Ratio was 1.12 for Q2 2026, up 495.5% from 0.19 a year earlier and up 29.2% from the prior quarter.
Analysis
SurgePays (SURG) Debt Ratio (2012 - 2026) Analysis & Trends
For FY2025, Debt Ratio at SurgePays was 0.41, up 323.8% from FY2024.
- By year, Debt Ratio came in at 0.10 in FY2024 (-19.0%), 0.12 in FY2023 (-32.2%), 0.18 in FY2022 (+206.0%) and 0.06 in FY2021 (-88.1%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio in data going back to Q4 2014.
- Year over year, Debt Ratio has now increased in each of the last six quarters, with growth averaging 213.0% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q2 2026 (growth of 495.5%); the low point was Q4 2021 (a decline of 88.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.86 (Q1 2026), 0.41 (Q4 2025) and 0.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.83 Bn | 148.96 Bn | 27.03 Bn | 0.40 |
| 2 | T-Mobile US | 170.74 Bn | 155.49 Bn | 14.76 Bn | 0.40 |
| 3 | At&T | 155.96 Bn | 87.92 Bn | 25.82 Bn | 0.34 |
| 4 | Grupo Televisa, S.A.B | 146.39 Bn | 138.13 Bn | 318.12 Mn | 0.35 |
| 5 | Comcast | 82.10 Bn | 46.16 Bn | - | 0.35 |
| 6 | Vodafone Group Public | 38.46 Bn | 7.86 Bn | - | 0.41 |
| 7 | Chunghwa Telecom | 37.72 Bn | 29.73 Bn | 728.80 Mn | 0.01 |
| 8 | EchoStar | 25.51 Bn | 16.60 Bn | 1.65 Bn | 0.44 |
| 9 | Telefonica Brasil | 21.00 Bn | 15.02 Bn | 1.42 Bn | 0.00 |
| 10 | SurgePays | 3.28 Mn | -6.04 Mn | -425,171.00 | 1.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.31 |
| Mar 31, 2026 | 1.08 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 0.12 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.32 |
API Access
SurgePays Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SURG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SURG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SURG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();