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| Date | Value |
|---|---|
| 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 |