TruGolf Holdings (TRUG) Debt Ratio (2021 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TRUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TRUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();