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 3.00% is 30% below its 5-year average of 4.27%, near the low end of its 5-year range (3.00%–7.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.72% below its 12-month average of 3.11%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
3.00%
DEBT TO ASSETS RATIO AVG TTM
3.11%
DEBT TO ASSETS RATIO AVG 3Y
3.29%
DEBT TO ASSETS RATIO AVG 5Y
4.27%
DEBT TO ASSETS RATIO AVG 10Y
7.35%
DEBT TO ASSETS RATIO AVG 15Y
6.93%
DEBT TO ASSETS RATIO AVG 20Y
7.28%
CURRENT VS TTM AVG
-3.72%
CURRENT VS 3Y AVG
-8.99%
CURRENT VS 5Y AVG
-29.78%
CURRENT VS 10Y AVG
-59.24%
CURRENT VS 15Y AVG
-56.78%
CURRENT VS 20Y AVG
-58.81%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 183 covered companies
CURRENT VS SECTOR MEDIAN
+1565.14%
vs the sector median at left
Axcelis Technologies, Inc.
Market Cap
$3.54B
Debt to Assets Ratio
3.00%
TTM Avg
3.11%
3Y Avg
3.29%
5Y Avg
4.27%
Market Cap
$4.19B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.70B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axcelis Technologies, Inc. (ACLS) | $3.54B | 3.00% | 3.11% | 3.29% | 4.27% |
| AXT, Inc. (AXTI)vs › | $3.08B | 0.08% | N/A | N/A | N/A |
| Ambarella, Inc. (AMBA)vs › | $3.04B | 0.02% | N/A | N/A | N/A |
| Bel Fuse Inc. (BELFB)vs › | $3.02B | 0.03% | N/A | N/A | N/A |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $4.19B | 0.03% | N/A | N/A | N/A |
| Itron, Inc. (ITRI)vs › | $4.25B | 0.04% | N/A | N/A | N/A |
| monday.com Ltd. (MNDY)vs › | $4.28B | 0.15% | N/A | N/A | N/A |
| Dlocal Limited (DLO)vs › | $4.35B | 0.03% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $2.70B | 0.18% | N/A | N/A | N/A |
| Clear Secure, Inc. (YOU)vs › | $4.44B | 0.07% | N/A | N/A | N/A |
Debt/Assets
3.0%
Debt/Equity
0.04
Current Ratio
4.90
Interest Coverage
22.2x
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 | 3.00% |
| 2026-03-31 | 3.05% |
| 2025-12-31 | 3.11% |
| 2025-09-30 | 3.16% |
| 2025-06-30 | 3.25% |
| 2025-03-31 | 3.23% |
| 2024-12-31 | 3.24% |
| 2024-09-30 | 3.29% |
| 2024-06-30 | 3.45% |
| 2024-03-31 | 3.43% |
| 2023-12-31 | 3.52% |
| 2023-09-30 | 3.79% |
| 2023-06-30 | 4.08% |
| 2023-03-31 | 4.27% |
| 2022-12-31 | 4.58% |
| 2022-09-30 | 5.15% |
| 2022-06-30 | 5.78% |
| 2022-03-31 | 6.03% |
| 2021-12-31 | 6.29% |
| 2021-09-30 | 6.69% |
| 2021-06-30 | 7.23% |
| 2021-03-31 | 7.62% |
| 2020-12-31 | 7.71% |
| 2020-09-30 | 8.18% |
| 2020-06-30 | 8.23% |
| 2020-03-31 | 8.63% |
| 2019-12-31 | 8.86% |
| 2019-09-30 | 9.15% |
| 2019-06-30 | 9.39% |
| 2019-03-31 | 8.93% |
| 2018-12-31 | 8.71% |
| 2018-09-30 | 9.20% |
| 2018-06-30 | 9.39% |
| 2018-03-31 | 9.45% |
| 2017-12-31 | 9.77% |
| 2017-09-30 | 12.45% |
| 2017-06-30 | 13.44% |
| 2017-03-31 | 14.78% |
| 2016-12-31 | 15.74% |
| 2016-09-30 | 16.34% |
| 2016-06-30 | 15.90% |
| 2016-03-31 | 16.22% |
| 2015-12-31 | 16.51% |
| 2015-09-30 | 16.25% |
| 2015-06-30 | 16.11% |
| 2015-03-31 | 17.23% |
| 2014-12-31 | 6.38% |
| 2014-09-30 | 6.72% |
| 2014-06-30 | 6.62% |
| 2014-03-31 | 6.45% |
| 2013-12-31 | 6.42% |
| 2013-09-30 | 6.60% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 18.28% |
| 2008-09-30 | 14.21% |
| 2008-06-30 | 13.24% |
| 2008-03-31 | 12.32% |
| 2007-12-31 | 11.93% |
| 2007-09-30 | 11.89% |
| 2007-06-30 | 11.68% |
| 2007-03-31 | 11.73% |
| 2006-12-31 | 20.04% |
| 2006-09-30 | 20.15% |
| 2006-06-30 | 20.88% |
| 2006-03-31 | 18.72% |
| 2005-12-31 | 18.90% |
| 2005-09-30 | 18.85% |
| 2005-06-30 | 18.54% |
| 2005-03-31 | 18.52% |
| 2004-12-31 | 18.15% |
| 2004-09-30 | 18.41% |
| 2004-06-30 | 18.78% |
| 2004-03-31 | 19.87% |
| 2003-12-31 | 21.35% |
| 2003-09-30 | 22.06% |
| 2003-06-30 | 21.80% |
| 2003-03-31 | 18.83% |
| 2002-12-31 | 18.67% |
| 2002-09-30 | 18.58% |
