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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 Invested CapitalReturn on SalesTimes Interest Earned

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

Tucows' Debt to Equity history spans 16 years, with the latest figure at -$1.16 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 43.51% year-over-year to -$1.16; the TTM value through Dec 2025 reached -$1.16, up 43.51%, while the annual FY2025 figure was -$1.16, 43.51% up from the prior year.
  • Debt to Equity reached -$1.16 in Q4 2025 per TCX's latest filing, up from -$1.33 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $22.57 in Q4 2023 to a low of -$12.86 in Q1 2024.
  • Average Debt to Equity over 5 years is $0.75, with a median of $1.2 recorded in 2021.
  • Peak YoY movement for Debt to Equity: surged 560750.27% in 2023, then crashed 533.67% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.66 in 2021, then tumbled by 99.76% to $0.0 in 2022, then soared by 560750.27% to $22.57 in 2023, then tumbled by 109.1% to -$2.05 in 2024, then surged by 43.51% to -$1.16 in 2025.
  • Per Business Quant, the three most recent readings for TCX's Debt to Equity are -$1.16 (Q4 2025), -$1.33 (Q3 2025), and -$2.38 (Q2 2025).