SurgePays (SURG) Debt to Equity (2012 - 2026)
SurgePays (SURG) posted quarterly Debt to Equity of -$0.03 for Q1 2026, down 114.79% YoY from $0.18 in Q1 2025, and up 9.55% sequentially from -$0.03 in Q4 2025.
SurgePays (SURG) Debt to Equity (2012 - 2026) Analysis & Trends
SurgePays has disclosed Debt to Equity across 15 years of filings, most recently posting -$0.03 for Q1 2026.
- In Q1 2026, Debt to Equity fell 114.79% year-over-year to -$0.03; the TTM figure through Mar 2026 stood at -$0.03 (down 114.79% YoY), while the FY2025 annual figure was -$0.03, down 196.75% from the prior year.
- Debt to Equity advanced to -$0.03 in Q1 2026, from -$0.03 in the prior quarter.
- Over the last five years, Debt to Equity for SURG reached as high as $13.06 in Q3 2022 and fell as low as -$0.03 in Q4 2025.
- The 5-year median for Debt to Equity is $0.06 (2024), against an average of $1.46.
- The widest YoY moves for Debt to Equity: up 12706.17% in 2025, down 196.75% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.23 in 2022, then sank by 92.85% to $0.02 in 2023, then jumped by 89.7% to $0.03 in 2024, then sank by 196.75% to -$0.03 in 2025, then advanced by 9.55% to -$0.03 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered -$0.03, -$0.03, and $7.56 for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | 0.00 |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 1.10 |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 4.48 |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.38 |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 1.40 |
| 10 | SurgePays | 9.72 Mn | 7.25 Mn | -7.70 Mn | -0.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.03 |
| Dec 31, 2025 | -0.03 |
| Jun 30, 2025 | 7.56 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.02 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 13.06 |
| Jun 30, 2022 | 0.77 |
| Mar 31, 2022 | 0.94 |
| Dec 31, 2021 | 1.71 |
| Sep 30, 2021 | -0.24 |
| Jun 30, 2021 | -0.28 |
| Mar 31, 2021 | -0.20 |