TONX (TON Strategy Co) Liabilities-to-Assets : 0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TONX TON Strategy Co TONX
49 GF Score
Price $3.05
GF Value $17.54
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is TON Strategy Co Liabilities-to-Assets?

TON Strategy Co TONX +1.50% 49 Liabilities-to-Assets is 0.02 as of Mar. 2026. GuruFocus rates TONX with a GF Score™ of 49/100 and a GF Value™ of $17.54 (Possible Value Trap). The stock has 4 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. TON Strategy Co's Total Liabilities for the quarter that ended in Mar. 2026 was $5.10 Mil. TON Strategy Co's Total Assets for the quarter that ended in Mar. 2026 was $321.66 Mil. Therefore, TON Strategy Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.02.


TON Strategy Co  (NAS:TONX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


TON Strategy Co Liabilities-to-Assets Related Terms


TON Strategy Co Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for TON Strategy Co's Liabilities-to-Assets 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.

TON Strategy Co Liabilities-to-Assets Chart

TON Strategy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.79 0.71 0.22 0.01

TON Strategy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.18 0.03 0.01 0.02

TONX vs SMRT, MRT, EGAN: Liabilities-to-Assets Comparison

For the Software - Application subindustry, TON Strategy Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


TON Strategy Co Liabilities-to-Assets vs Software Industry

For the Software industry and Technology sector, TON Strategy Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where TON Strategy Co's Liabilities-to-Assets falls into.


TONX
49GF Score
TON Strategy Co TONX
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TON Strategy Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

TON Strategy Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=4.769/411.164
=0.01

TON Strategy Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=5.099/321.664
=0.02

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.02 mean?
TON Strategy Co (TONX) has a Liabilities-to-Assets of 0.02 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on TON Strategy Co and its competitors.
Is TON Strategy Co's Liabilities-to-Assets too high?
TON Strategy Co's current Liabilities-to-Assets is 0.02. Overall, TON Strategy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TON Strategy Co's Liabilities-to-Assets compare to SMRT and MRT?
TON Strategy Co's Liabilities-to-Assets of 0.02 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Software company?
A good Liabilities-to-Assets depends on the Software industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on TON Strategy Co and its competitors. TON Strategy Co's current Liabilities-to-Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TON Strategy Co stock overvalued right now?
Based on GuruFocus' analysis, TON Strategy Co (TONX) is currently considered Possible Value Trap. The stock's GF Value™ is $17.54, compared to a current price of $3.05 — trading 82.6% below its estimated fair value. The current Liabilities-to-Assets is 0.02. TON Strategy Co's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For TON Strategy Co (TONX), the current Liabilities-to-Assets is 0.02 as of Mar. 2026. 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.

Is TON Strategy Co (TONX) Overvalued in 2026?

Based on GuruFocus' analysis, TON Strategy Co stock appears to be undervalued. The current stock price of $3.05 is trading 82.6% below its estimated GF Value™ of $17.54. GuruFocus considers TON Strategy Co to be Possible Value Trap.

Key valuation signals for TONX:

  • Liabilities-to-Assets: 0.02
  • GF Value™: $17.54 vs. price of $3.05 (82.6% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the TONX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TON Strategy Co Business Description

Other Exchanges 37V:Germany
Address 2300 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102
TON Strategy Co is a digital asset treasury and Web3 ecosystem company focused on supporting The Open Network, a public blockchain integrated with Telegram and designed for fast, scalable transactions and decentralized applications. Its core business is managing its holdings of Toncoin (TON), including staking tokens to support network validation and earn rewards, while adhering to regulatory, accounting, and risk management standards. The company also pursues Web3 initiatives to support the ecosystem's growth and adoption. It operates through MARKET. live, Go Fund Yourself, and TON segments, with MARKET.live generating maximum revenue as a multi-vendor livestream shopping platform that combines e-commerce and entertainment across social and video channels.
49GF Score

Get the complete analysis for TONX

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.05
Price
$17.54
GF Value