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Tap Global GroupLSE:TAP +9.09% Debt-to-Equity is 0.43 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 2,243 Software companies, Tap Global Group ranks worse than 67.32% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tap Global Group's Debt-to-Equity or its related term are showing as below:
LSE:TAP'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.88 Med: -0.05 Max: 0.43
Current: 0.43
During the past 11 years, the highest Debt-to-Equity Ratio of Tap Global Group was 0.43. The lowest was -0.88. And the median was -0.05.
LSE:TAP's Debt-to-Equity is ranked worse than 67.32% of 2243
companies
in the Software industry
Industry Median: 0.2
vs LSE:TAP: 0.43
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Tap Global Group Debt-to-Equity Related Terms
Tap Global Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tap Global Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:TAP vs QH, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Tap Global Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tap Global Group Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Tap Global Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tap Global Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tap Global Group (LSE:TAP) has a Debt-to-Equity of 0.43 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tap Global Group and its competitors. According to the industry distribution chart, Tap Global Group ranks #1510 out of 2243 companies in the Software industry, placing it in the top 67.3%.
Is Tap Global Group's Debt-to-Equity too high?
Tap Global Group's current Debt-to-Equity is 0.43. The Software industry median Debt-to-Equity is 0.20. Tap Global Group's value of 0.43 is 115% above this industry median. Based on the distribution chart, Tap Global Group ranks #1510 out of 2243 companies in the Software industry, which is below the industry midpoint.
How does Tap Global Group's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Tap Global Group ranks #1510 out of 2243 companies for Debt-to-Equity. This places Tap Global Group in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Tap Global Group's value of 0.43 is 115% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,243 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tap Global Group's current Debt-to-Equity of 0.43 is 115% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tap Global Group and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tap Global Group's current Debt-to-Equity is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tap Global Group stock overvalued right now?
Tap Global Group (LSE:TAP) has a current Debt-to-Equity of 0.43. The current Debt-to-Equity is 0.43 and 115% above the Software industry median of 0.20. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tap Global Group (LSE:TAP), the current Debt-to-Equity is 0.43 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Tap Global Group Plc operates a regulated digital finance platform that connects traditional fiat finance and digital assets. The Group provides cryptocurrency trading, digital wallets, card-based payment services, and multi-currency fiat accounts, enabling customers to trade more than 70 cryptocurrencies, store digital assets, and manage payments using GBP and EUR IBAN accounts. Its services are offered to individual, business, and institutional customers, including crypto trading and wallet services, regulated payment accounts for businesses, and Bitcoin Treasury as a Service. The Group has an international presence, serving customers in more than 40 countries.
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