Topps Tiles Debt-to-Equity Ratio Growth & History (TPT)
Topps Tiles's debt-to-equity ratio was 14.34 for fiscal 2025.
View full Topps Tiles company overviewTopps Tiles annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-27 | 14.34 | −3.74 | −20.68% |
| 2024 | 2024-09-28 | 18.08 | 14.00 | +343.90% |
| 2023 | 2023-09-30 | 4.07 | 0.20 | +5.16% |
| 2022 | 2022-10-01 | 3.87 | −0.59 | −13.20% |
| 2021 | 2021-10-02 | 4.46 | — | — |
Topps Tiles quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-03-31 | 31.59 | 6.09 | +23.86% |
| Q4 2025 | 2025-09-30 | 14.34 | — | — |
| Q2 2025 | 2025-03-31 | 25.50 | — | — |
Topps Tiles debt-to-equity ratio trends
Between the periods ended 2021-10-02 and 2025-09-27, Topps Tiles's debt-to-equity ratio increased from 4.46 to 14.34, a change of 9.88. The latest reported quarter, Q2 2026, shows 31.59.
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 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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