Growth Metrics

Tucows (TCX) Debt to Equity (2016 - 2025)

Tucows (TCX) has 16 years of Debt to Equity data on record, last reported at -$1.33 in Q3 2025.

  • For Q3 2025, Debt to Equity rose 64.15% year-over-year to -$1.33; the TTM value through Sep 2025 reached -$1.33, up 64.15%, while the annual FY2024 figure was -$3.03, 114.23% down from the prior year.
  • Debt to Equity reached -$1.33 in Q3 2025 per TCX's latest filing, up from -$2.38 in the prior quarter.
  • Across five years, Debt to Equity topped out at $21.3 in Q4 2023 and bottomed at -$12.86 in Q1 2024.
  • Average Debt to Equity over 5 years is $1.06, with a median of $1.33 recorded in 2021.
  • Peak YoY movement for Debt to Equity: skyrocketed 760.34% in 2023, then tumbled 533.67% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.66 in 2021, then surged by 49.29% to $2.48 in 2022, then skyrocketed by 760.34% to $21.3 in 2023, then tumbled by 114.23% to -$3.03 in 2024, then surged by 56.27% to -$1.33 in 2025.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were -$1.33 in Q3 2025, -$2.38 in Q2 2025, and -$1.78 in Q1 2025.