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