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  3. Financial Ratios
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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Antalpha Platform Holding Company (ANTA) Quarterly Financial Ratios

Last 7 quarters of trend data · Financial Services · Financial - Credit Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Antalpha Platform Holding Company's quarterly P/E stands at 43.6x.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q1 '24Q4 '23
P/E Ratio →46.2143.5796.08—————
————————
P/S Ratio4.384.514.10—————
————————
P/B Ratio4.372.162.75—————
————————
P/FCF————————
————————
EV / EBITDA152.58223.51——————
————————
EV / EBIT192.40223.51——————
————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Antalpha Platform Holding Company's operating margin was 9.3% in Q3 2025, up 12.0 pp QoQ and down 0.0 pp YoY. The trailing four-quarter average of 2.9% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 24.0% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q1 '24Q4 '23
Gross Margin37.8%49.9%40.9%29.7%40.8%40.2%42.3%21.7%
—+24.0%-3.1%+36.8%————
Operating Margin6.7%9.3%-2.7%-0.7%5.9%9.3%-8.7%-26.6%
—0.0%+68.4%+97.2%————
Net Margin9.3%10.0%4.0%2.9%12.5%10.0%10.7%-26.8%
—0.0%-63.0%+110.7%————

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q1 '24Q4 '23
ROE14.9%1.2%0.9%0.6%3.4%4.0%11.5%-12.1%
—-69.0%-92.1%+104.9%————
ROA0.4%0.1%0.0%0.0%0.1%0.1%—-0.2%
—-42.3%—+109.9%————
ROIC0.6%0.1%-0.0%-0.0%0.1%0.3%-0.5%-0.3%
—-67.2%+89.8%+96.9%————

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Antalpha Platform Holding Company's Debt/EBITDA ratio is 704.7x — elevated, raising questions about debt serviceability.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q1 '24Q4 '23
Debt / Equity8.847.806.9012.268.849.73—27.26
—-19.8%—-55.0%————
Debt / EBITDA102.23704.73—8191.55383.68252.42——
—+179.2%——————
Current Ratio1.051.091.051.041.051.05—1.02
—+3.5%—+1.8%————
Quick Ratio1.051.091.051.041.051.05—1.02
—+3.5%—+1.8%————
Interest Coverage————————
————————

Download Financial Ratios Data

Includes 30+ ratios · 7 years · Updated daily

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Frequently Asked Questions

What is Antalpha Platform Holding Company's quarterly P/E ratio trend?

Antalpha Platform Holding Company's current P/E is 46.2x. The average P/E over the last 2 quarters is 69.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Antalpha Platform Holding Company's margins change by quarter?

Antalpha Platform Holding Company's current operating margin is 6.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at ANTA quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Antalpha Platform Holding Company's business trajectory between earnings reports.

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