Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

SurgePays (SURG) Debt to Equity (2016 - 2025)

SurgePays has reported Debt to Equity over the past 14 years, most recently at -$0.07 for Q3 2025.

  • For Q3 2025, Debt to Equity fell 203.69% year-over-year to -$0.07; the TTM value through Sep 2025 reached -$0.07, down 203.69%, while the annual FY2024 figure was $0.12, 651.55% up from the prior year.
  • Debt to Equity for Q3 2025 was -$0.07 at SurgePays, down from $15.57 in the prior quarter.
  • Over five years, Debt to Equity peaked at $15.57 in Q2 2025 and troughed at -$0.59 in Q2 2021.
  • A 5-year average of $1.72 and a median of $0.07 in 2024 define the central range for Debt to Equity.
  • Biggest five-year swings in Debt to Equity: tumbled 401.74% in 2021 and later skyrocketed 26289.11% in 2025.
  • Year by year, Debt to Equity stood at $1.71 in 2021, then tumbled by 35.87% to $1.09 in 2022, then tumbled by 98.52% to $0.02 in 2023, then soared by 651.55% to $0.12 in 2024, then tumbled by 158.92% to -$0.07 in 2025.
  • Business Quant data shows Debt to Equity for SURG at -$0.07 in Q3 2025, $15.57 in Q2 2025, and $0.06 in Q1 2025.