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 56.45% is 22% below its 5-year average of 72.08%, near the low end of its 5-year range (54.92%–79.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.89% below its 12-month average of 64.80%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 56.45%.
DEBT TO ASSETS RATIO
56.45%
DEBT TO ASSETS RATIO AVG TTM
64.80%
DEBT TO ASSETS RATIO AVG 3Y
73.60%
DEBT TO ASSETS RATIO AVG 5Y
72.08%
DEBT TO ASSETS RATIO AVG 10Y
60.87%
DEBT TO ASSETS RATIO AVG 15Y
40.71%
DEBT TO ASSETS RATIO AVG 20Y
31.41%
CURRENT VS TTM AVG
-12.89%
CURRENT VS 3Y AVG
-23.31%
CURRENT VS 5Y AVG
-21.69%
CURRENT VS 10Y AVG
-7.26%
CURRENT VS 15Y AVG
+38.66%
CURRENT VS 20Y AVG
+79.69%
SECTOR MEDIAN · INDUSTRIALS
0.24%
median of 364 covered companies
CURRENT VS SECTOR MEDIAN
+23420.03%
vs the sector median at left
Air T, Inc.
Market Cap
$81.72M
Debt to Assets Ratio
56.45%
TTM Avg
64.80%
3Y Avg
73.60%
5Y Avg
72.08%
Market Cap
$82.38M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.02M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.66M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.04M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air T, Inc. (AIRT) | $81.72M | 56.45% | 64.80% | 73.60% | 72.08% |
| Byrna Technologies Inc. (BYRN)vs › | $82.38M | 0.03% | N/A | N/A | N/A |
| Momentus Inc. (MNTS)vs › | $79.20M | 0.06% | N/A | N/A | N/A |
| Elite Express Holding Inc. (ETS)vs › | $79.02M | 0.00% | N/A | N/A | N/A |
| Air T, Inc. (AIRTP)vs › | $78.89M | 0.56% | N/A | N/A | N/A |
| Blink Charging Co. (BLNK)vs › | $78.31M | 0.04% | N/A | N/A | N/A |
| Hadron Energy, Inc. (HDRN)vs › | $87.66M | 0.03% | N/A | N/A | N/A |
| Arq, Inc. (ARQ)vs › | $88.00M | 0.07% | N/A | N/A | N/A |
| Concorde International Group Ltd. (CIGL)vs › | $76.04M | 0.45% | N/A | N/A | N/A |
| Globus Maritime Limited (GLBS)vs › | $73.60M | 0.36% | N/A | N/A | N/A |
Debt/Assets
56.4%
Debt/Equity
4.06
Current Ratio
1.43
Interest Coverage
-1.5x
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 | 56.45% |
| 2026-03-31 | 54.92% |
| 2025-12-31 | 58.81% |
| 2025-09-30 | 79.13% |
| 2025-06-30 | 74.68% |
| 2025-03-31 | 74.30% |
| 2024-12-31 | 75.68% |
| 2024-09-30 | 74.35% |
| 2024-06-30 | 74.41% |
| 2024-03-31 | 70.67% |
| 2023-12-31 | 69.76% |
| 2023-09-30 | 70.43% |
| 2023-06-30 | 72.62% |
| 2023-03-31 | 72.55% |
| 2022-12-31 | 70.19% |
| 2022-09-30 | 70.92% |
| 2022-06-30 | 69.41% |
| 2022-03-31 | 69.36% |
| 2021-12-31 | 71.00% |
| 2021-09-30 | 67.20% |
| 2021-06-30 | 70.79% |
| 2021-03-31 | 68.16% |
| 2020-12-31 | 74.12% |
| 2020-09-30 | 67.83% |
| 2020-06-30 | 64.89% |
| 2020-03-31 | 63.16% |
| 2019-12-31 | 64.12% |
| 2019-09-30 | 58.15% |
| 2019-06-30 | 55.83% |
| 2019-03-31 | 50.07% |
| 2018-12-31 | 57.14% |
| 2018-09-30 | 50.43% |
| 2018-06-30 | 42.08% |
| 2018-03-31 | 49.50% |
| 2017-12-31 | 43.50% |
| 2017-09-30 | 31.04% |
| 2017-06-30 | 33.11% |
| 2017-03-31 | 28.22% |
| 2016-12-31 | 31.47% |
| 2016-09-30 | 34.24% |
| 2016-06-30 | 10.92% |
| 2016-03-31 | 3.57% |
| 2015-12-31 | 0.44% |
| 2015-09-30 | 3.00% |
| 2015-06-30 | 11.55% |
| 2015-03-31 | 11.51% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 3.38% |
| 2014-06-30 | 2.27% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 2.03% |
| 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 | 0.01% |
| 2011-06-30 | 0.02% |
| 2011-03-31 | 0.02% |
| 2010-12-31 | 0.03% |
| 2010-09-30 | 0.05% |
| 2010-06-30 | 0.06% |
| 2010-03-31 | 0.07% |
| 2009-12-31 | 0.04% |
| 2009-09-30 | 0.28% |
| 2009-06-30 | 0.10% |
| 2009-03-31 | 1.64% |
| 2008-12-31 | 1.79% |
| 2008-09-30 | 1.95% |
| 2008-06-30 | 2.18% |
| 2008-03-31 | 2.35% |
| 2007-12-31 | 3.51% |
| 2007-09-30 | 10.46% |
| 2007-06-30 | 3.33% |
| 2007-03-31 | 3.24% |
| 2006-12-31 | 14.43% |
| 2006-09-30 | 10.51% |
| 2006-06-30 | 5.06% |
| 2006-03-31 | 3.97% |
| 2005-12-31 | 19.63% |
| 2005-09-30 | 12.22% |
| 2005-06-30 | 7.00% |
| 2005-03-31 | 5.16% |
| 2004-12-31 | 7.73% |
| 2004-09-30 | 7.97% |
| 2004-06-30 | 7.68% |
| 2004-03-31 | 1.43% |
| 2003-12-31 | 1.40% |
| 2003-09-30 | 2.69% |
| 2003-06-30 | 9.60% |
| 2003-03-31 | 11.76% |
| 2002-12-31 | 21.11% |
| 2002-09-30 | 21.12% |
