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