TON Strategy (TONX) Debt Ratio (2015 - 2025)
TON Strategy's (TONX) quarterly Debt Ratio came in at 0.0 in Q4 2025, down 74.39% YoY from 0.0 in Q4 2024, and up 60.98% on a QoQ basis from 0.0 in Q3 2025.
TON Strategy (TONX) Debt Ratio (2015 - 2025) Analysis & Trends
TON Strategy (TONX) has 11 years of Debt Ratio data on file, last reported at 0.0 in Q4 2025.
- Quarterly Debt Ratio fell 74.39% year-over-year to 0.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.0 (down 74.39% YoY) and the FY2025 annual result came in at 0.0, down 74.39% from the prior year.
- Debt Ratio grew to 0.0 in Q4 2025, from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.52 in Q2 2023 to a low of 0.0 in Q3 2025.
- A 5-year average of 0.08 and a median of 0.02 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio plunged 99.25% — and 2023, when it jumped 2316.39%.
- Tracing TONX's Debt Ratio over 5 years: stood at 0.15 in 2021, then jumped by 130.4% to 0.34 in 2022, then plunged by 90.21% to 0.03 in 2023, then sank by 85.78% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.11 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.37 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.22 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.24 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.08 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.22 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.18 |
| 10 | TON Strategy | 152.07 Mn | 152.04 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 | 0.52 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.15 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.11 |
| Mar 31, 2021 | 0.09 |
| Dec 31, 2020 | 0.05 |
| Sep 30, 2020 | 7.45 |