Tucows (TCX) Debt Ratio (2010 - 2026)
Tucows' (TCX) quarterly Debt Ratio came in at 0.4 in Q1 2026, up 55.0% year-on-year from 0.26 in Q1 2025, and up 54.75% quarter-over-quarter from 0.26 in Q4 2025.
Tucows (TCX) Debt Ratio (2010 - 2026) Analysis & Trends
Tucows' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.4 for Q1 2026.
- On a quarterly basis, Debt Ratio rose 55.0% year-over-year to 0.4 in Q1 2026; TTM through Mar 2026 was 0.4, a 55.0% increase from a year earlier, with the FY2025 full-year figure at 0.26, up 1.2% from the prior year.
- Debt Ratio advanced to 0.4 in Q1 2026 per TCX's latest filing, from 0.26 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.4 in Q1 2026 and bottomed at 0.26 in Q4 2024.
- The 5-year median for Debt Ratio is 0.29 (2024), against an average of 0.32.
- Across the five-year window, Debt Ratio sank 31.15% in 2023 and soared 55.0% in 2026, its largest moves.
- Year by year, Debt Ratio stood at 0.36 in 2022, then retreated by 22.33% to 0.28 in 2023, then declined by 8.22% to 0.26 in 2024, then climbed by 1.2% to 0.26 in 2025, then surged by 54.75% to 0.4 in 2026.
- Per Business Quant, the three latest TCX Debt Ratio figures stand at 0.4 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.06 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 0.47 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | 0.36 |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 0.07 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 0.05 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 0.21 |
| 10 | Tucows | 101.23 Mn | 56.93 Mn | 24.13 Mn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.30 |
| Jun 30, 2021 | 0.29 |