Stardust Power Inc. (SDST) Key Metrics
SDST key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSDST returns How much profit the business earns on the capital it uses.
SDST financial health Debt, liquidity and how easily interest is covered.
SDST efficiency & capital use Working capital cycle and where the cash goes.
SDST returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SDST debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SDST cash returned to shareholders
SDST key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Share price at fiscal year-end | $3.06 | $35.80 | $110.70 | $101.10 | $97.10 | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | — | — | — | 5.3% | 3.4% | −25.0% |
| Return on invested capital (ROIC) | — | — | −1.5% | −0.6% | −2.1% | −2.0% |
| Return on assets (ROA) | −151.2% | −394.4% | −2.5% | 5.0% | 3.1% | −2.2% |
| Return on tangible assets | −133.5% | −263.3% | −125.5% | 4.9% | 1.6% | −2.2% |
| Income quality (OCF / net income) | — | — | — | −0.10 | −0.22 | — |
| Financial health | ||||||
| Total debt | $3.4M | $10.0M | $5.3M | $785,000 | — | $199,000 |
| Cash & short-term investments | $3.5M | $912,574 | $1.3M | $101,000 | $842,000 | $20,000 |
| Net debt | −$81,742 | $9.1M | $4.0M | $684,000 | −$842,000 | $179,000 |
| Debt / equity | — | — | — | 0.00 | — | 9.95 |
| Debt / assets | 0.29 | 1.11 | 1.75 | 0.00 | — | 0.88 |
| Net debt / EBITDA | — | — | — | 0.05 | −0.18 | — |
| Current ratio | 0.28 | 0.09 | 1.75 | 0.03 | 0.37 | 0.10 |
| Quick ratio | 0.28 | 0.09 | 1.75 | 0.03 | 0.37 | 0.10 |
| Interest coverage | -30.9 | -2.4 | -341.8 | — | — | — |
| Working capital | −$10.2M | −$22.9M | $1.2M | −$3.8M | −$1.8M | −$185,000 |
| Invested capital | −$5.9M | −$10.3M | $278,581 | $290.6M | $274.0M | $199,000 |
| Tangible asset value | −$5.8M | −$19.4M | −$3.7M | $289.9M | $274.9M | $20,000 |
| Net current asset value | −$13.5M | −$26.3M | −$4.1M | −$14.7M | −$25.2M | −$185,000 |
| Capital allocation | ||||||
| Share buybacks (net) | $1,593 | $7,670 | $0 | — | — | — |
| Capex / depreciation | 6.67 | 1,453.30 | 16,995.67 | — | — | — |
| Efficiency | ||||||
| Days payables outstanding | 1,070,398.4 | 1,153,354.9 | 76,454,846.7 | — | — | — |
| Receivables turnover | — | 0.00 | — | — | — | — |
| Payables turnover | 0.00 | 0.00 | 0.00 | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | — | $502,838 | — | — | — | — |
| Average payables | $9.3M | $5.8M | $1.3M | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from SDST's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SDST valuation and financial ratios
It ended the year with $3.4 million of debt and $3.5 million in cash and short-term investments, a net cash position of $0.1 million. It returned $0.0 million to shareholders: $0 in dividends and $0.0 million in share buybacks.
See the SDST income statement, the SDST chart for price history, or the SDST stock overview for the latest quote and news.
SDST key metrics FAQ
How much debt does Stardust Power have?
Stardust Power had total debt of $3.4 million at the end of fiscal 2025 and more cash than debt.
Does Stardust Power buy back its shares?
Yes. Stardust Power spent $0.0 million on net share repurchases in fiscal 2025.
What is Stardust Power's current ratio?
Stardust Power's current ratio was 0.28 at the end of fiscal 2025: current assets were 0.28 times current liabilities.