Tap Real Estate Technologies Debt-to-Assets Ratio Growth & History (RWAX)
Tap Real Estate Technologies's debt-to-assets ratio was 1.22 for fiscal 2025.
View full Tap Real Estate Technologies company overviewTap Real Estate Technologies annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.22 | 1.11 | +974.71% |
| 2024 | 2024-12-31 | 0.11 | −2.25 | −95.20% |
| 2023 | 2023-12-31 | 2.37 | 1.68 | +243.47% |
| 2022 | 2022-12-31 | 0.69 | 0.37 | +118.71% |
| 2021 | 2021-12-31 | 0.32 | — | — |
Tap Real Estate Technologies quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.85 | 0.79 | +1292.85% |
| Q1 2026 | 2026-03-31 | 0.94 | 0.86 | +1104.93% |
| Q4 2025 | 2025-12-31 | 1.22 | — | — |
| Q3 2025 | 2025-09-30 | 0.10 | — | — |
| Q2 2025 | 2025-06-30 | 0.06 | — | — |
| Q1 2025 | 2025-03-31 | 0.08 | — | — |
| Q1 2023 | 2023-03-31 | 1.04 | — | — |
| Q4 2022 | 2022-12-31 | 0.69 | 0.37 | +118.71% |
| Q3 2022 | 2022-09-30 | 0.26 | — | — |
| Q4 2021 | 2021-12-31 | 0.32 | — | — |
Tap Real Estate Technologies debt-to-assets ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Tap Real Estate Technologies's debt-to-assets ratio increased from 0.32 to 1.22, a change of 0.91. The latest reported quarter, Q2 2026, shows 0.85.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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