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 5.52% is 48% below its 5-year average of 10.69%, near the low end of its 5-year range (5.52%–15.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.94% below its 12-month average of 6.98%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
5.52%
DEBT TO ASSETS RATIO AVG TTM
6.98%
DEBT TO ASSETS RATIO AVG 3Y
8.50%
DEBT TO ASSETS RATIO AVG 5Y
10.69%
DEBT TO ASSETS RATIO AVG 10Y
7.50%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-20.94%
CURRENT VS 3Y AVG
-35.12%
CURRENT VS 5Y AVG
-48.36%
CURRENT VS 10Y AVG
-26.47%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 180 covered companies
CURRENT VS SECTOR MEDIAN
+2965.37%
vs the sector median at left
AppFolio Inc.
Market Cap
$8.29B
Debt to Assets Ratio
5.52%
TTM Avg
6.98%
3Y Avg
8.50%
5Y Avg
10.69%
Market Cap
$8.47B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.56B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.90B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.56B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppFolio Inc. (APPF) | $8.29B | 5.52% | 6.98% | 8.50% | 10.69% |
| Paylocity Holding Corporation (PCTY)vs › | $8.47B | 0.03% | N/A | N/A | N/A |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.56B | 0.04% | N/A | N/A | N/A |
| FormFactor, Inc. (FORM)vs › | $8.59B | 0.02% | N/A | N/A | N/A |
| InterDigital, Inc. (IDCC)vs › | $8.64B | 0.18% | N/A | N/A | N/A |
| Applied Digital Corp. (APLD)vs › | $7.90B | 0.51% | N/A | N/A | N/A |
| SentinelOne, Inc. (S)vs › | $7.65B | N/A | N/A | N/A | N/A |
| GitLab Inc. (GTLB)vs › | $7.57B | N/A | N/A | N/A | N/A |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.56B | 0.13% | N/A | N/A | N/A |
| Applied Optoelectronics, Inc. (AAOI)vs › | $9.09B | 0.11% | N/A | N/A | N/A |
Debt/Assets
5.5%
Debt/Equity
0.07
Current Ratio
3.83
Interest Coverage
N/A
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 | 5.52% |
| 2026-03-31 | 6.37% |
| 2025-12-31 | 9.89% |
| 2025-09-30 | 6.13% |
| 2025-06-30 | 6.99% |
| 2025-03-31 | 7.21% |
| 2024-12-31 | 6.66% |
| 2024-09-30 | 7.94% |
| 2024-06-30 | 9.04% |
| 2024-03-31 | 10.09% |
| 2023-12-31 | 10.94% |
| 2023-09-30 | 11.67% |
| 2023-06-30 | 12.13% |
| 2023-03-31 | 13.05% |
| 2022-12-31 | 14.06% |
| 2022-09-30 | 14.82% |
| 2022-06-30 | 15.31% |
| 2022-03-31 | 14.24% |
| 2021-12-31 | 14.12% |
| 2021-09-30 | 14.32% |
| 2021-06-30 | 13.91% |
| 2021-03-31 | 10.94% |
| 2020-12-31 | 10.78% |
| 2020-09-30 | 9.00% |
| 2020-06-30 | 41.53% |
| 2020-03-31 | 45.74% |
| 2019-12-31 | 32.57% |
| 2019-09-30 | 30.93% |
| 2019-06-30 | 31.70% |
| 2019-03-31 | 36.18% |
| 2018-12-31 | 28.35% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 9.71% |
| 2015-03-31 | 26.56% |
| 2014-12-31 | 0.00% |
