TOP Financial Group annual debt-to-equity ratio
2022
2023
2024
2025
2026
TOP Financial Group Debt-to-Equity Ratio Growth & History (TOP)
TOP Financial Group's debt-to-equity ratio was 0.05 for fiscal 2026.
View full TOP Financial Group company overviewTOP Financial Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.05 | 0.04 | +501.08% |
| 2025 | 2025-03-31 | 0.01 | 0.01 | +385.46% |
| 2024 | 2024-03-31 | 0.00 | −0.00 | −61.70% |
| 2023 | 2023-03-31 | 0.00 | −0.02 | −82.61% |
| 2022 | 2022-03-31 | 0.02 | — | — |
TOP Financial Group quarterly debt-to-equity ratio
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.04 | — | — |
| Q4 2026 | 2026-03-31 | 0.05 | 0.04 | +501.08% |
| Q2 2026 | 2025-09-30 | 0.01 | −0.00 | −3.47% |
| Q4 2025 | 2025-03-31 | 0.01 | 0.01 | +385.46% |
| Q2 2025 | 2024-09-30 | 0.01 | 0.00 | +100.48% |
| Q4 2024 | 2024-03-31 | 0.00 | −0.00 | −61.70% |
| Q2 2024 | 2023-09-30 | 0.00 | −0.00 | −43.67% |
| Q4 2023 | 2023-03-31 | 0.00 | −0.02 | −82.61% |
| Q2 2023 | 2022-09-30 | 0.01 | — | — |
| Q4 2022 | 2022-03-31 | 0.02 | — | — |
TOP Financial Group debt-to-equity ratio trends
Between the periods ended 2022-03-31 and 2026-03-31, TOP Financial Group's debt-to-equity ratio increased from 0.02 to 0.05, a change of 0.02. The latest reported quarter, Q1 2027, shows 0.04.
About the metric
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.
Calculation and source
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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