TOP Financial (TOP) Debt Ratio (2021 - 2026)
TOP Financial's (TOP) quarterly Debt Ratio came in at 0.0 in Q2 2026, down 45.69% quarter-over-quarter from 0.01 in Q1 2026.
Analysis
TOP Financial (TOP) Debt Ratio (2021 - 2026) Analysis & Trends
TOP Financial (TOP) has reported Debt Ratio for 6 consecutive years, with 0.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.0 in Q2 2026; TTM through Jun 2026 was 0.0, a N/A change from a year earlier, with the FY2026 full-year figure at 0.01, down 96.8% from the prior year.
- Debt Ratio was 0.0 for Q2 2026 at TOP Financial, down from 0.01 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.44 in Q3 2025 and troughed at 0.0 in Q2 2026.
- A 5-year average of 0.17 and a median of 0.14 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio soared 328.74% in 2024 and plunged 96.8% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.1 in 2022, then dropped by 21.77% to 0.08 in 2023, then jumped by 328.74% to 0.33 in 2024, then jumped by 35.91% to 0.44 in 2025, then slumped by 99.08% to 0.0 in 2026.
- The last three Debt Ratio figures came in at 0.0 (Q2 2026), 0.01 (Q1 2026), and 0.44 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 0.36 |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 0.18 |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 0.38 |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 0.05 |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 0.01 |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 0.04 |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 0.02 |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | - |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | 0.06 |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 0.01 |
| Sep 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.23 |
| Sep 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.19 |
| Sep 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.09 |
| Sep 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.24 |
| Mar 31, 2021 | 0.32 |