Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 11.50% is 62% below its 5-year average of 30.13%, near the low end of its 5-year range (11.09%–40.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 34.27% below its 12-month average of 17.49%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
11.50%
DEBT TO ASSETS RATIO AVG TTM
17.49%
DEBT TO ASSETS RATIO AVG 3Y
26.88%
DEBT TO ASSETS RATIO AVG 5Y
33.10%
DEBT TO ASSETS RATIO AVG 10Y
26.21%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-34.27%
CURRENT VS 3Y AVG
-57.23%
CURRENT VS 5Y AVG
-65.27%
CURRENT VS 10Y AVG
-56.13%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 166 covered companies
CURRENT VS SECTOR MEDIAN
+6286.62%
vs the sector median at left
Applied Optoelectronics, Inc.
Market Cap
$11.17B
Debt to Assets Ratio
11.50%
TTM Avg
17.49%
3Y Avg
26.88%
5Y Avg
33.10%
Market Cap
$11.08B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.71B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.54B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Optoelectronics, Inc. (AAOI) | $11.17B | 11.50% | 17.49% | 26.88% | 33.10% |
| Dayforce Inc (DAY)vs › | $11.18B | 0.14% | N/A | N/A | N/A |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.08B | 0.03% | N/A | N/A | N/A |
| Rambus Inc. (RMBS)vs › | $11.08B | 0.01% | N/A | N/A | N/A |
| DocuSign, Inc. (DOCU)vs › | $11.49B | 0.05% | N/A | N/A | N/A |
| HubSpot, Inc. (HUBS)vs › | $10.79B | 0.07% | N/A | N/A | N/A |
| Paycom Software, Inc. (PAYC)vs › | $11.71B | 0.19% | N/A | N/A | N/A |
| Skyworks Solutions, Inc. (SWKS)vs › | $10.54B | 0.09% | N/A | N/A | N/A |
| GoDaddy Inc. (GDDY)vs › | $12.09B | 0.48% | N/A | N/A | N/A |
| Nova Ltd. (NVMI)vs › | $12.33B | 0.33% | N/A | N/A | N/A |
Debt/Assets
11.5%
Debt/Equity
0.16
Current Ratio
2.78
Interest Coverage
-15.6x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 11.50% |
| 2026-03-31 | 11.09% |
| 2025-12-31 | 14.32% |
| 2025-09-30 | 24.03% |
| 2025-06-30 | 26.51% |
| 2025-03-31 | 29.52% |
| 2024-12-31 | 34.89% |
| 2024-09-30 | 29.59% |
| 2024-06-30 | 31.39% |
| 2024-03-31 | 33.20% |
| 2023-12-31 | 31.11% |
| 2023-09-30 | 35.23% |
| 2023-06-30 | 37.01% |
| 2023-03-31 | 40.73% |
| 2022-12-31 | 38.09% |
| 2022-09-30 | 36.46% |
| 2022-06-30 | 34.55% |
| 2022-03-31 | 34.45% |
| 2021-12-31 | 32.98% |
| 2021-09-30 | 33.30% |
| 2021-06-30 | 32.71% |
| 2021-03-31 | 33.10% |
| 2020-12-31 | 32.22% |
| 2020-09-30 | 31.93% |
| 2020-06-30 | 32.20% |
| 2020-03-31 | 32.88% |
| 2019-12-31 | 30.49% |
| 2019-09-30 | 28.51% |
| 2019-06-30 | 27.85% |
| 2019-03-31 | 25.82% |
| 2018-12-31 | 18.97% |
| 2018-09-30 | 14.79% |
| 2018-06-30 | 12.92% |
| 2018-03-31 | 13.70% |
| 2017-12-31 | 10.94% |
| 2017-09-30 | 9.35% |
| 2017-06-30 | 6.72% |
| 2017-03-31 | 7.77% |
| 2016-12-31 | 13.38% |
| 2016-09-30 | 29.23% |
| 2016-06-30 | 28.97% |
| 2016-03-31 | 32.30% |
| 2015-12-31 | 24.83% |
| 2015-09-30 | 20.37% |
| 2015-06-30 | 28.39% |
| 2015-03-31 | 20.91% |
| 2014-12-31 | 16.29% |
| 2014-09-30 | 15.17% |
| 2014-06-30 | 7.82% |
| 2014-03-31 | 14.60% |
| 2013-12-31 | 25.62% |
| 2013-09-30 | 39.18% |
| 2013-06-30 | 36.00% |
| 2013-03-31 | 36.14% |
| 2012-12-31 | 37.39% |
