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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' Debt to Equity history spans 14 years, with the latest figure at -$0.07 for Q3 2025.

  • Quarterly results put Debt to Equity at -$0.07 for Q3 2025, down 203.69% from a year ago — trailing twelve months through Sep 2025 was -$0.07 (down 203.69% YoY), and the annual figure for FY2024 was $0.12, up 651.55%.
  • Debt to Equity for Q3 2025 was -$0.07 at SurgePays, down from $15.57 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $15.57 in Q2 2025 to a low of -$0.59 in Q2 2021.
  • The 5-year median for Debt to Equity is $0.07 (2024), against an average of $1.72.
  • The sharpest move saw Debt to Equity crashed 401.74% in 2021, then surged 26289.11% in 2025.
  • Year by year, Debt to Equity stood at $1.71 in 2021, then crashed by 35.87% to $1.09 in 2022, then crashed by 98.52% to $0.02 in 2023, then skyrocketed by 651.55% to $0.12 in 2024, then crashed by 158.92% to -$0.07 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods came in at -$0.07, $15.57, and $0.06 for Q3 2025, Q2 2025, and Q1 2025 respectively.