SurgePays (SURG) Debt to Equity (2012 - 2026)
SurgePays (SURG) recorded quarterly Debt to Equity of -$0.03 in Q1 2026, up 9.55% quarter-over-quarter from -$0.03 in Q4 2025, and down 114.79% on a YoY basis from $0.18 in Q1 2025.
SurgePays (SURG) Debt to Equity (2012 - 2026) Analysis & Trends
SurgePays' Debt to Equity history runs 15 years deep, the most recent figure standing at -$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 was -$0.03 for Q1 2026 at SurgePays, up from -$0.03 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $13.06 in Q3 2022 to a low of -$0.03 in Q4 2025.
- Historically, Debt to Equity has averaged $1.46 across 5 years, with a median of $0.06 in 2024.
- Biggest YoY gain for Debt to Equity was 12706.17% in 2025; the steepest drop was 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 soared by 89.7% to $0.03 in 2024, then sank by 196.75% to -$0.03 in 2025, then grew by 9.55% to -$0.03 in 2026.
- The last three Debt to Equity figures came in at -$0.03 (Q1 2026), -$0.03 (Q4 2025), and $7.56 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 1.84 |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 1.54 |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.65 |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.10 |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | - |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | SurgePays | 176,250.00 | -2.30 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 |