TON Strategy (TONX) Debt Ratio (2015 - 2025)
TON Strategy (TONX) reported Debt Ratio of 0.0 for Q4 2025, down 74.39% on a YoY basis from 0.0 in Q4 2024, and up 60.98% quarter-over-quarter from 0.0 in Q3 2025.
TON Strategy (TONX) Debt Ratio (2015 - 2025) Analysis & Trends
TON Strategy has reported Debt Ratio for 11 years, with the latest figure at 0.0 in Q4 2025.
- For the quarter ending Q4 2025, Debt Ratio fell 74.39% year-over-year to 0.0; the trailing twelve-month figure through Dec 2025 stood at 0.0 (down 74.39% YoY), and the FY2025 full-year result was 0.0, down 74.39% from the prior year.
- Debt Ratio for Q4 2025 stood at 0.0, up from 0.0 in the prior quarter.
- The five-year high for Debt Ratio was 0.22 in Q2 2021, with the low at 0.0 in Q3 2025.
- Historically, Debt Ratio has averaged 0.05 across 5 years, with a median of 0.02 in 2022.
- Annual changes were most pronounced in 2021 — Debt Ratio advanced 29.72% — and 2024, when it tumbled 85.82%.
- TON Strategy's Debt Ratio stood at 0.1 in 2021, then tumbled by 38.88% to 0.06 in 2022, then tumbled by 42.92% to 0.03 in 2023, then plunged by 85.82% to 0.0 in 2024, then tumbled by 74.39% to 0.0 in 2025.
- The last three Debt Ratio figures came in at 0.0 (Q4 2025), 0.0 (Q3 2025), and 0.0 (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | 0.00 |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 0.37 |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | - |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 0.18 |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | - |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 0.24 |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 0.03 |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 0.06 |
| 10 | TON Strategy | 192.09 Mn | 192.08 Mn | 3.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.05 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.10 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.22 |
| Mar 31, 2021 | 0.13 |
| Dec 31, 2020 | 0.30 |
| Sep 30, 2020 | 0.14 |