TON Strategy (TONX) Debt Ratio (2014 - 2024)
TON Strategy's Debt Ratio was 0.01 in Q4 2024, down 97.1% from 0.20 a year earlier but up 2.9% from the prior quarter.
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Analysis
TON Strategy (TONX) Debt Ratio (2014 - 2024) Analysis & Trends
From Q4 2014 onward, TON Strategy has reported Debt Ratio for 41 quarters.
- In earlier years, Debt Ratio was 0.20 in FY2023 (-41.9%), 0.34 in FY2022 (+137.4%), 0.14 in FY2021 (+76.7%) and 0.08 in FY2020 (+20.7%).
- Quarterly Debt Ratio has moved between 0.01 (Q2 2024) and 0.52 (Q2 2023) over five years.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with growth averaging 10.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2023 (growth of 323.3%); the worst was Q2 2024 (a decline of 99.0%).
- Per Business Quant data, TONX's Debt Ratio in the three quarters before Q4 2024 was 0.01 (Q3 2024), 0.01 (Q2 2024) and 0.06 (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 0.25 |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 0.16 |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 0.16 |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 0.48 |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 0.30 |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 0.34 |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.36 |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 0.26 |
| 10 | TON Strategy | 224.99 Mn | 86.09 Mn | 3.96 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.07 |
| Jun 30, 2021 | 0.13 |
| Mar 31, 2021 | 0.10 |
| Dec 31, 2020 | 0.08 |
| Sep 30, 2020 | 0.08 |
| Jun 30, 2020 | 0.08 |
| Mar 31, 2020 | 0.04 |
API Access
TON Strategy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();