SurgePays (SURG) Debt/Equity Ratio: History & Chart

SurgePays, Inc.(SURG)

Software - Application · Bartlett, TN

$0.15+0.00 (+3.24%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About SurgePays, Inc.

SurgePays, Inc. operates as a financial technology and telecommunications enterprise dedicated to serving the underbanked communities across the United States. A core component of its strategy is a blockchain-powered platform that transforms local corner stores and bodegas into vital technology hubs, providing a suite of financial and prepaid products. In its telecommunications division, the company delivers voice and SMS messaging services to subsidized, direct retail prepaid, and low-income subscribers. Furthermore, it offers subsidized mobile broadband connectivity to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, alongside traditional prepaid wireless options. Beyond these primary offerings, SurgePays also extends specialized services to law firms in the mass tort industry, including marketing business intelligence, plaintiff generation, and caseload management solutions. To support its diverse operations, the company maintains a bilingual operations center that provides essential internal functions such as sales assistance, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, and lead generation. The company's headquarters are located in Bartlett, Tennessee.

Bartlett, TN

125 employees

www.surgepays.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Kevin Brian Cox

View full financials

SURG Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

-0.86

DEBT TO EQUITY RATIO AVG TTM

16.43

DEBT TO EQUITY RATIO AVG 3Y

-0.20

DEBT TO EQUITY RATIO AVG 5Y

0.20

DEBT TO EQUITY RATIO AVG 10Y

-0.66

DEBT TO EQUITY RATIO AVG 15Y

-0.75

DEBT TO EQUITY RATIO AVG 20Y

-0.66

CURRENT VS TTM AVG

-105.26%

CURRENT VS 3Y AVG

-337.92%

CURRENT VS 5Y AVG

-530.84%

CURRENT VS 10Y AVG

-30.54%

CURRENT VS 15Y AVG

-15.93%

CURRENT VS 20Y AVG

-31.44%

SECTOR MEDIAN · TECHNOLOGY

0.17

median of 594 covered companies

CURRENT VS SECTOR MEDIAN

-608.38%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
SurgePays, Inc. (SURG)	$3.77M	-0.86	16.43	-0.20	0.20
Trident Digital Tech Holdings Ltd (TDTH)vs ›	$3.75M	N/A	0.78	2.44	2.44
Locafy Ltd (LCFY)vs ›	$3.69M	0.08	0.17	0.16	0.16
Cyabra, Inc. Common Stock (CYAB)vs ›	$3.85M	N/A	N/A	N/A	N/A
Taoping Inc. (TAOP)vs ›	$3.88M	0.50	0.50	0.61	0.57
CXApp Inc. (CXAI)vs ›	$4.06M	0.58	0.64	0.37	0.25
Wearable Devices Ltd. (WLDS)vs ›	$3.44M	0.01	0.15	0.11	0.08
Real Messenger Corporation (RMSG)vs ›	$3.40M	0.32	0.19	174.73	174.73
Cemtrex, Inc. (CETX)vs ›	$3.37M	0.69	3.02	2.77	2.01
Youxin Technology Ltd (YAAS)vs ›	$3.21M	0.20	0.05	0.11	0.10

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

SurgePays, Inc. (SURG)

$3.77M

-0.86

16.43

-0.20

0.20

Trident Digital Tech Holdings Ltd (TDTH)vs ›

$3.75M

N/A

0.78

2.44

Locafy Ltd (LCFY)vs ›

$3.69M

0.08

0.17

0.16

Cyabra, Inc. Common Stock (CYAB)vs ›

$3.85M

N/A

Taoping Inc. (TAOP)vs ›

$3.88M

0.50

0.61

0.57

CXApp Inc. (CXAI)vs ›

$4.06M

0.58

0.64

0.37

0.25

Wearable Devices Ltd. (WLDS)vs ›

$3.44M

0.01

0.15

0.11

0.08

Real Messenger Corporation (RMSG)vs ›

$3.40M

0.32

0.19

174.73

Cemtrex, Inc. (CETX)vs ›

$3.37M

0.69

3.02

2.77

2.01

Youxin Technology Ltd (YAAS)vs ›

$3.21M

0.20

0.05

0.11

0.10

Debt to Equity Ratio FAQ

What is the debt to equity ratio for SurgePays, Inc. (SURG)?

The debt to equity ratio for SURG stock is -0.86.

Is SurgePays, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of -0.86 is 531% below its 5-year average of 0.20, near the low end of its 5-year range (-1.94–86.51).

What is the TTM average debt to equity ratio for SurgePays, Inc. (SURG)?

The TTM average debt to equity ratio for SURG stock is 16.43.

What is the 3Y average debt to equity ratio for SurgePays, Inc. (SURG)?

The 3Y average debt to equity ratio for SURG stock is -0.20.

What is the 5Y average debt to equity ratio for SurgePays, Inc. (SURG)?

The 5Y average debt to equity ratio for SURG stock is 0.20.

What is the 10Y average debt to equity ratio for SurgePays, Inc. (SURG)?

The 10Y average debt to equity ratio for SURG stock is -0.66.

What is the 15Y average debt to equity ratio for SurgePays, Inc. (SURG)?

The 15Y average debt to equity ratio for SURG stock is -0.75.

What is the 20Y average debt to equity ratio for SurgePays, Inc. (SURG)?

The 20Y average debt to equity ratio for SURG stock is -0.66.

DATE	DEBT TO EQUITY RATIO
2026-06-30	-0.86
2026-04-14	-0.65
2025-12-31	-0.88
2025-09-30	-1.94
2025-06-30	86.51
2025-03-31	0.53
2024-12-31	0.30
2024-09-30	0.14
2024-06-30	0.11
2024-03-31	0.10
2023-12-31	0.19
2023-09-30	0.23
2023-06-30	0.37
2023-03-31	0.73
2022-12-31	1.63
2022-09-30	21.80
2022-06-30	6.47
2022-03-31	3.40
2021-12-31	2.16
2021-09-30	-1.04
2021-06-30	-0.90
2021-03-31	-0.81
2020-12-31	-0.71
2020-09-30	-0.75
2020-06-30	-0.76
2020-03-31	-1.20
2019-12-31	-1.81
2019-09-30	-4.26
2019-06-30	-1.52
2019-03-31	-1.35
2018-12-31	-0.63
2018-09-30	-1.09
2018-06-30	-1.12
2018-03-31	1.15
2017-12-31	-1.26
2017-09-30	-2.38
2017-06-30	-2.68
2017-03-31	-3.10
2016-12-31	-1.08
2016-09-30	-1.16
2016-06-30	-1.79
2016-03-31	-1.62
2015-12-31	-2.91
2015-09-30	-7.46
2015-06-30	-12.95
2015-03-31	41.41
2015-01-31	-3.27
2014-10-31	-0.64
2014-07-31	-0.65
2014-04-30	-0.61
2014-01-31	-0.59
2013-10-31	-0.60
2013-07-31	-0.59
2013-04-30	-0.61
2013-01-31	-0.61
2012-10-31	-0.60
2012-07-31	-0.61
2012-04-30	-0.56
2012-01-31	-0.54
2011-10-31	-0.11
2011-07-31	-0.18
2011-04-30	-0.34
2011-01-31	-0.58
2010-10-31	-0.87
2010-07-31	-1.15
2010-04-30	-1.78
2010-01-31	1.09
2009-10-31	0.73
2009-07-31	0.86
2009-04-30	-1.69
2009-01-31	-1.64
2008-10-31	0.00
2008-07-31	0.00
2008-02-29	-7.37
2007-11-30	-53.18
2007-08-31	0.00
2007-05-31	0.00
2007-02-28	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

-0.86

2026-04-14

-0.65

2025-12-31

-0.88

2025-09-30

-1.94

2025-06-30

86.51

2025-03-31

0.53

2024-12-31

0.30

2024-09-30

0.14

2024-06-30

0.11

2024-03-31

0.10

2023-12-31

0.19

2023-09-30

0.23

2023-06-30

0.37

2023-03-31

0.73

2022-12-31

1.63

2022-09-30

21.80

2022-06-30

6.47

2022-03-31

3.40

2021-12-31

2.16

2021-09-30

-1.04

2021-06-30

-0.90

2021-03-31

-0.81

2020-12-31

-0.71

2020-09-30

-0.75

2020-06-30

-0.76

2020-03-31

-1.20

2019-12-31

-1.81

2019-09-30

-4.26

2019-06-30

-1.52

2019-03-31

-1.35

2018-12-31

-0.63

2018-09-30

-1.09

2018-06-30

-1.12

2018-03-31

1.15

2017-12-31

-1.26

2017-09-30

-2.38

2017-06-30

-2.68

2017-03-31

-3.10

2016-12-31

-1.08

2016-09-30

-1.16

2016-06-30

-1.79

2016-03-31

-1.62

2015-12-31

-2.91

2015-09-30

-7.46

2015-06-30

-12.95

2015-03-31

41.41

2015-01-31

-3.27

2014-10-31

-0.64

2014-07-31

-0.65

2014-04-30

-0.61

2014-01-31

-0.59

2013-10-31

-0.60

2013-07-31

-0.59

2013-04-30

-0.61

2013-01-31

-0.61

2012-10-31

-0.60

2012-07-31

-0.61

2012-04-30

-0.56

2012-01-31

-0.54

2011-10-31

-0.11

2011-07-31

-0.18

2011-04-30

-0.34

2011-01-31

-0.58

2010-10-31

-0.87

2010-07-31

-1.15

2010-04-30

-1.78

2010-01-31

1.09

2009-10-31

0.73

2009-07-31

0.86

2009-04-30

-1.69

2009-01-31

-1.64

2008-10-31

0.00

2008-07-31

0.00

2008-02-29

-7.37

2007-11-30

-53.18

2007-08-31

0.00

2007-05-31

0.00

2007-02-28

0.00

Debt to Equity Ratio: -0.86

SURG Debt to Equity Ratio

SURG Average Debt to Equity Ratio Chart

SURG Current vs Average Debt to Equity Ratio Chart

SURG Debt to Equity Ratio Metrics

SURG Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

SURG Debt to Equity Ratio History

Related Metrics