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Galaxy Digital stock: balance sheet and debt

GLXY
$15.18Closing price of 12 Nov 2026MEQIRI Score 19 out of 100

Galaxy Digital has total assets of $11.35B and an equity ratio of 26.7%.

Daily figure as of 13 Nov 2026

Debt / Equity
1.76
Interest coverage
no data
Current ratio
1.6
Cash & equivalents
$6.67B
Total assets
$11.35B
Equity ratio
26.7%
Goodwill
$66.52M
Plus intangible assets of $3.53B

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Galaxy Digital is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2006$9.37M$469.82Knot split out85.2%
2007$20.32M$685.17Knot split out91.0%
2008$9M$711.05Knot split out82.3%
2009no datano datano datano data
2010no datano datano datano data
2011$1.2Mnot reported separatelynot reported separately96.9%
2012$998.91Knot reported separatelynot reported separately97.3%
2013$810.32Knot reported separatelynot reported separately96.8%
2014$701.39Knot reported separatelynot reported separately94.5%
2015$527.12Knot reported separatelynot reported separately94.9%
2016$418.48Knot reported separatelynot reported separately91.2%
2017$322.65Knot reported separatelynot reported separately67.5%
2018no datano datano datano data
2019no datano datano datano data
2020no datano datano datano data
2021$888.78Mnot reported separatelynot reported separately88.5%
2022$394.28Mnot reported separatelynot reported separately75.9%
2023$875.24Mnot reported separatelynot reported separately89.2%
2024$7.12B$95.39M$58.04M30.8%
2025$11.35B$3.59B$66.52M26.7%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2006no data$7.99M$00
2007no data$18.49M$00
2008no data$7.4M$00
2009no data$0$00
2010no data$0$00
2011no data$1.17M$00
2012no data$971.47K$00
2013no data$784.65K$00
2014no data$662.9K$00
2015no data$500.09K$00
2016no data$381.72K$00
2017no data$217.79K$00
2018no data$0$00
2019no data$0$00
2020no data$0$00
2021no data$786.29M$00
2022no data$299.31M$00
2023no data$781.04M$00
2024$4.48B$2.19B$2.96B1.35
2025$6.67B$1.92B$5.33B1.76

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 16 May 2025)
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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