TOP Financial (TOP) Debt Ratio (2021 - 2025)

TOP Financial (TOP) posted quarterly Debt Ratio of 0.44 for Q3 2025, up 37.48% YoY from 0.32 in Q3 2024, and down 100.0% sequentially from 215753.53 in Q1 2025.

TOP Financial (TOP) Debt Ratio (2021 - 2025) Analysis & Trends

TOP Financial has disclosed Debt Ratio across 5 years of filings, most recently posting 0.44 for Q3 2025.

  • In Q3 2025, Debt Ratio rose 37.48% year-over-year to 0.44; the TTM figure through Sep 2025 stood at 0.44 (up 37.48% YoY), while the FY2025 annual figure was 215753.53, up 121258865.17% from the prior year.
  • Debt Ratio fell to 0.44 in Q3 2025, from 215753.53 in the prior quarter.
  • Over the last five years, Debt Ratio for TOP reached as high as 76158111760.38 in Q3 2023 and fell as low as 0.1 in Q3 2022.
  • The 5-year median for Debt Ratio is 87971.06 (2023), against an average of 8462107974.9.
  • Annual changes were most pronounced in 2023 — Debt Ratio soared 78233954882422.52% — and 2024, when it plunged 100.0%.
  • A 5-year view of Debt Ratio shows it stood at 317862.92 in 2021, then plunged by 100.0% to 0.1 in 2022, then soared by 78233954882422.52% to 76158111760.38 in 2023, then sank by 100.0% to 0.32 in 2024, then jumped by 37.48% to 0.44 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.44, 215753.53, and 0.32 for Q3 2025, Q1 2025, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.08
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.13
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.00
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 TOP Financial 69.68 Mn -14,785.38 Bn - 0.44

Historic Data

Download Data
DateValue
Sep 30, 2025 0.44
Mar 31, 2025 215,753.53
Sep 30, 2024 0.32
Mar 31, 2024 0.18
Sep 30, 2023 76.16 Bn
Mar 31, 2023 87,971.06
Sep 30, 2022 0.10
Mar 31, 2022 238,425.18
Mar 31, 2021 317,862.92