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 3.49% is 64% below its 5-year average of 9.72%, near the low end of its 5-year range (1.47%–27.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.37% below its 12-month average of 4.18%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.49%.
DEBT TO ASSETS RATIO
3.49%
DEBT TO ASSETS RATIO AVG TTM
4.18%
DEBT TO ASSETS RATIO AVG 3Y
9.79%
DEBT TO ASSETS RATIO AVG 5Y
9.72%
DEBT TO ASSETS RATIO AVG 10Y
11.83%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-16.37%
CURRENT VS 3Y AVG
-64.31%
CURRENT VS 5Y AVG
-64.05%
CURRENT VS 10Y AVG
-70.46%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.26%
median of 288 covered companies
CURRENT VS SECTOR MEDIAN
+1243.81%
vs the sector median at left
Aqua Metals, Inc.
Market Cap
$7.47M
Debt to Assets Ratio
3.49%
TTM Avg
4.18%
3Y Avg
9.79%
5Y Avg
9.72%
Market Cap
$6.31M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.89M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.10M
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.38M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.82M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.79M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.38M
Debt to Assets Ratio
0.85%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aqua Metals, Inc. (AQMS) | $7.47M | 3.49% | 4.18% | 9.79% | 9.72% |
| T3 Defense Inc. (DFNS)vs › | $6.85M | 0.05% | N/A | N/A | N/A |
| Eastern International Ltd. Ordinary Shares (ELOG)vs › | $6.31M | 0.21% | N/A | N/A | N/A |
| Creative Global Technology Holdings Limited Ordinary Shares (CGTL)vs › | $5.89M | 0.01% | N/A | N/A | N/A |
| Dragonfly Energy Holdings Corp. (DFLI)vs › | $9.10M | 0.47% | N/A | N/A | N/A |
| Cre8 Enterprise Limited Class A Ordinary Shares (CRE)vs › | $5.38M | N/A | N/A | N/A | N/A |
| Euro Tech Holdings Company Limited (CLWT)vs › | $9.82M | 0.02% | N/A | N/A | N/A |
| FBS Global Limited Ordinary Shares (FBGL)vs › | $4.79M | 0.00% | N/A | N/A | N/A |
| Armlogi Holding Corp. common stock (BTOC)vs › | $10.38M | 0.85% | N/A | N/A | N/A |
| E-Power Inc. Class A (EPOW)vs › | $4.38M | 0.52% | N/A | N/A | N/A |
Debt/Assets
3.5%
Debt/Equity
0.05
Current Ratio
2.43
Interest Coverage
-35.0x
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 | 3.49% |
| 2026-03-31 | 3.03% |
| 2025-12-31 | 3.00% |
| 2025-09-30 | 4.95% |
| 2025-06-30 | 6.41% |
| 2025-03-31 | 21.77% |
| 2024-12-31 | 16.20% |
| 2024-09-30 | 13.32% |
| 2024-06-30 | 11.47% |
| 2024-03-31 | 10.70% |
| 2023-12-31 | 9.62% |
| 2023-09-30 | 7.86% |
| 2023-06-30 | 15.43% |
| 2023-03-31 | 27.55% |
| 2022-12-31 | 19.35% |
| 2022-09-30 | 19.56% |
| 2022-06-30 | 2.34% |
| 2022-03-31 | 2.35% |
| 2021-12-31 | 2.16% |
| 2021-09-30 | 2.06% |
| 2021-06-30 | 1.47% |
| 2021-03-31 | 2.20% |
| 2020-12-31 | 3.40% |
| 2020-09-30 | 17.56% |
| 2020-06-30 | 18.44% |
| 2020-03-31 | 16.80% |
| 2019-12-31 | 15.36% |
| 2019-09-30 | 13.40% |
| 2019-06-30 | 12.52% |
| 2019-03-31 | 15.42% |
| 2018-12-31 | 18.52% |
| 2018-09-30 | 14.96% |
| 2018-06-30 | 12.88% |
| 2018-03-31 | 15.56% |
| 2017-12-31 | 14.21% |
| 2017-09-30 | 15.16% |
| 2017-06-30 | 14.11% |
| 2017-03-31 | 12.73% |
| 2016-12-31 | 13.77% |
| 2016-09-30 | 17.26% |
| 2016-06-30 | 16.57% |
| 2016-03-31 | 19.86% |
| 2015-12-31 | 19.60% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 127.67% |
| 2015-03-31 | 101.99% |