TruGolf Holdings TRUG
NASDAQ TRUG
$2.97 +0.01 (+0.34%)
At close: Sep 30, 2026 · 4:00 PM EDT

TruGolf Holdings (TRUG) Debt Ratio (2021 - 2026)

Updated

TruGolf Holdings' Debt Ratio came in at 0.19 for Q2 2026, down 14.7% from 0.23 a year earlier but up 252.1% from the prior quarter.

Analysis

TruGolf Holdings (TRUG) Debt Ratio (2021 - 2026) Analysis & Trends

For FY2025, TruGolf Holdings' Debt Ratio was 0.18, down 60.5% from FY2024.

  • Going back by year, Debt Ratio was 0.46 in FY2024 (+43.2%), 0.32 in FY2023, 0.01 in FY2022 (-98.7%) and 0.93 in FY2021.
  • The five-year range for quarterly Debt Ratio is 0.05 (Q1 2026) to 0.46 (Q4 2024).
  • Year-over-year, Debt Ratio has declined for five consecutive quarters, with an average decline of 38.2% over the last six quarters.
  • Business Quant data shows TRUG's Debt Ratio at 0.05 (Q1 2026), 0.18 (Q4 2025) and 0.11 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alphabet 4,180.92 Bn 3,938.44 Bn 73.85 Bn 0.11
2 Meta Platforms 1,847.76 Bn 1,550.28 Bn 49.47 Bn 0.19
3 Netflix 289.73 Bn 249.92 Bn 6.52 Bn 0.24
4 Alibaba Group Holding 249.81 Bn 67.68 Bn 15.11 Bn 0.09
5 Shopify 192.08 Bn 169.26 Bn 1.71 Bn -
6 Uber Technologies 139.76 Bn 111.74 Bn 6.38 Bn 0.19
7 Booking Holdings 122.41 Bn 55.46 Bn - 0.68
8 PDD Holdings 110.94 Bn -140.99 Bn 9.45 Bn -
9 Spotify Technology 100.32 Bn 57.56 Bn 1.86 Bn -
10 TruGolf Holdings 1.60 Mn -35.52 Mn 3.47 Mn 0.19
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.19
Mar 31, 2026 0.05
Dec 31, 2025 0.18
Sep 30, 2025 0.11
Jun 30, 2025 0.23
Mar 31, 2025 0.29
Dec 31, 2024 0.46
Sep 30, 2024 0.35
Jun 30, 2024 0.42
Mar 31, 2024 0.39
Dec 31, 2023 0.32
Sep 30, 2023 0.67
Jun 30, 2023 0.46
Mar 31, 2023 0.43
Dec 31, 2022 0.23
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.00
Sep 30, 2021 2.49
API Access

TruGolf Holdings Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=TRUG&period=max&api_key=YOUR_API_KEY