TON Strategy (TONX) Equity Ratio (2013 - 2026)

TON Strategy (TONX) reported Equity Ratio of 0.98 for Q1 2026, up 24.32% on a YoY basis from 0.79 in Q1 2025, and little changed quarter-over-quarter from 0.99 in Q4 2025.

TON Strategy (TONX) Equity Ratio (2013 - 2026) Analysis & Trends

TON Strategy has reported Equity Ratio for 14 years, with the latest figure at 0.98 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 24.32% year-over-year to 0.98; the trailing twelve-month figure through Mar 2026 stood at 0.98 (up 24.32% YoY), and the FY2025 full-year result was 0.99, up 27.31% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.98, roughly flat from 0.99 in the prior quarter.
  • The five-year high for Equity Ratio was 0.99 in Q4 2025, with the low at 0.15 in Q2 2023.
  • Historically, Equity Ratio has averaged 0.57 across 5 years, with a median of 0.69 in 2024.
  • Annual changes were most pronounced in 2023 — Equity Ratio plunged 125.06% — and 2024, when it soared 1018.99%.
  • TON Strategy's Equity Ratio stood at 0.21 in 2022, then soared by 36.69% to 0.29 in 2023, then jumped by 169.29% to 0.78 in 2024, then advanced by 27.31% to 0.99 in 2025, then dropped by 0.43% to 0.98 in 2026.
  • The last three Equity Ratio figures came in at 0.98 (Q1 2026), 0.99 (Q4 2025), and 0.97 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Sap Se 262.33 Bn 244.36 Bn 8.16 Bn 0.62
2 Full Truck Alliance 173.49 Bn 170.93 Bn - 0.90
3 Salesforce 158.80 Bn 146.96 Bn 8.56 Bn 0.32
4 Shopify 144.36 Bn 138.62 Bn 1.55 Bn 0.89
5 Uber Technologies 144.25 Bn 143.21 Bn 11.88 Bn 0.41
6 ServiceNow 118.74 Bn 113.56 Bn 2.83 Bn 0.48
7 Cadence Design Systems 107.33 Bn 105.92 Bn 1.26 Bn 0.54
8 Adobe 100.50 Bn 93.61 Bn 5.73 Bn 0.38
9 Automatic Data Processing 92.49 Bn 89.26 Bn 2.87 Bn 0.10
10 TON Strategy 192.09 Mn 192.08 Mn 3.96 Mn 0.98

Historic Data

Download Data
DateValue
Mar 31, 2026 0.98
Dec 31, 2025 0.99
Sep 30, 2025 0.97
Jun 30, 2025 0.82
Mar 31, 2025 0.79
Dec 31, 2024 0.78
Sep 30, 2024 0.81
Jun 30, 2024 0.83
Mar 31, 2024 0.69
Dec 31, 2023 0.29
Sep 30, 2023 -0.09
Jun 30, 2023 -0.15
Mar 31, 2023 0.28
Dec 31, 2022 0.21
Sep 30, 2022 0.48
Jun 30, 2022 0.58
Mar 31, 2022 0.42
Dec 31, 2021 0.39
Sep 30, 2021 0.40
Jun 30, 2021 0.37