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

TOP Financial (TOP) reported Equity Ratio of 0.55 for Q3 2025, down 17.86% year-over-year from 0.66 in Q3 2024, and down 100.0% quarter-over-quarter from 745416.33 in Q1 2025.

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

TOP Financial (TOP) has 5 years of Equity Ratio data on file, last reported at 0.55 in Q3 2025.

  • Equity Ratio for Q3 2025 came in at 0.55, down 17.86% year-over-year; the trailing twelve-month figure through Sep 2025 was 0.55 (down 17.86% YoY), and the FY2025 annual result was 745416.33, up 106012624.51% from the prior year.
  • Equity Ratio retreated to 0.55 in Q3 2025 per TOP's latest filing, from 745416.33 in the prior quarter.
  • Over five years, Equity Ratio peaked at 908545395657.26 in Q3 2023 and troughed at 0.55 in Q3 2025.
  • A 5-year average of 100949571230.96 and a median of 0.73 in 2022 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2023 and 2024: Equity Ratio soared 101666564017869.58% in 2023, then tumbled 100.0% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.66 in 2021, then soared by 35.81% to 0.89 in 2022, then soared by 101666564017869.58% to 908545395657.26 in 2023, then plunged by 100.0% to 0.66 in 2024, then dropped by 17.86% to 0.55 in 2025.
  • Business Quant data shows TOP's Equity Ratio at 0.55 in Q3 2025, 745416.33 in Q1 2025, and 0.66 in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 0.07
3 Goldman Sachs 317.73 Bn -619.82 Bn - 0.06
4 Schwab Charles 153.74 Bn 108.77 Bn - 0.10
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 0.21
6 Interactive Brokers 38.91 Bn 49.50 Bn - 0.03
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 0.30
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 0.88
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 0.04
10 TOP Financial 10.63 -23.57 Mn - 0.55

Historic Data

Download Data
DateValue
Sep 30, 2025 0.55
Mar 31, 2025 745,416.33
Sep 30, 2024 0.66
Mar 31, 2024 0.70
Sep 30, 2023 908.55 Bn
Mar 31, 2023 0.89
Sep 30, 2022 0.89
Mar 31, 2022 0.73
Mar 31, 2021 0.66