Surge Components Debt-to-Equity Ratio Growth & History (SPRS)
Surge Components's debt-to-equity ratio was 0.05 for fiscal 2025.
View full Surge Components company overviewSurge Components annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 0.05 | −0.01 | −18.73% |
| 2024 | 2024-11-30 | 0.06 | −0.02 | −22.75% |
| 2023 | 2023-11-30 | 0.08 | −0.00 | −4.79% |
| 2022 | 2022-11-30 | 0.08 | −0.04 | −31.35% |
| 2021 | 2021-11-30 | 0.12 | −0.04 | −22.63% |
| 2020 | 2020-11-30 | 0.16 | 0.13 | +395.20% |
| 2019 | 2019-11-30 | 0.03 | 0.03 | +558.27% |
| 2018 | 2018-11-30 | 0.00 | −0.00 | −41.15% |
| 2017 | 2017-11-30 | 0.01 | — | — |
Surge Components quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 0.05 | −0.00 | −5.27% |
| Q1 2026 | 2026-02-28 | 0.05 | −0.00 | −6.59% |
| Q4 2025 | 2025-11-30 | 0.05 | −0.01 | −18.73% |
| Q3 2025 | 2025-08-31 | 0.06 | −0.01 | −16.59% |
| Q2 2025 | 2025-05-31 | 0.05 | −0.02 | −27.82% |
| Q1 2025 | 2025-02-28 | 0.06 | −0.02 | −24.76% |
| Q4 2024 | 2024-11-30 | 0.06 | −0.02 | −22.75% |
| Q3 2024 | 2024-08-31 | 0.07 | −0.01 | −12.86% |
| Q2 2024 | 2024-05-31 | 0.07 | −0.01 | −9.77% |
| Q1 2024 | 2024-02-29 | 0.08 | −0.00 | −2.77% |
| Q4 2023 | 2023-11-30 | 0.08 | −0.00 | −4.79% |
| Q3 2023 | 2023-08-31 | 0.08 | −0.02 | −18.69% |
| Q2 2023 | 2023-05-31 | 0.08 | −0.03 | −24.33% |
| Q1 2023 | 2023-02-28 | 0.08 | −0.04 | −35.19% |
| Q4 2022 | 2022-11-30 | 0.08 | −0.04 | −31.35% |
| Q3 2022 | 2022-08-31 | 0.09 | −0.04 | −29.83% |
| Q2 2022 | 2022-05-31 | 0.11 | −0.04 | −24.97% |
| Q1 2022 | 2022-02-28 | 0.12 | −0.03 | −22.00% |
| Q4 2021 | 2021-11-30 | 0.12 | −0.04 | −22.63% |
| Q3 2021 | 2021-08-31 | 0.13 | −0.08 | −36.39% |
| Q2 2021 | 2021-05-31 | 0.14 | 0.09 | +179.38% |
| Q1 2021 | 2021-02-28 | 0.16 | 0.10 | +158.38% |
| Q4 2020 | 2020-11-30 | 0.16 | 0.13 | +395.20% |
| Q3 2020 | 2020-08-31 | 0.21 | 0.21 | +6642.24% |
| Q2 2020 | 2020-05-31 | 0.05 | 0.05 | +1364.30% |
| Q1 2020 | 2020-02-29 | 0.06 | 0.01 | +11.32% |
| Q4 2019 | 2019-11-30 | 0.03 | 0.03 | +558.27% |
| Q3 2019 | 2019-08-31 | 0.00 | −0.00 | −51.58% |
| Q2 2019 | 2019-05-31 | 0.00 | −0.00 | −52.12% |
| Q1 2019 | 2019-02-28 | 0.05 | 0.05 | +779.90% |
| Q4 2018 | 2018-11-30 | 0.00 | −0.00 | −41.15% |
| Q3 2018 | 2018-08-31 | 0.01 | — | — |
| Q2 2018 | 2018-05-31 | 0.01 | — | — |
| Q1 2018 | 2018-02-28 | 0.01 | — | — |
| Q4 2017 | 2017-11-30 | 0.01 | — | — |
Surge Components debt-to-equity ratio trends
Over the last five fiscal years, Surge Components's debt-to-equity ratio decreased from 0.16 to 0.05, a change of −0.11. The latest reported quarter, Q2 2026, shows 0.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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