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 49.08% is in line with its 5-year average of 44.88%, near the low end of its 5-year range (39.08%–81.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.88% above its 12-month average of 48.17%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 49.08%.
DEBT TO ASSETS RATIO
49.08%
DEBT TO ASSETS RATIO AVG TTM
48.17%
DEBT TO ASSETS RATIO AVG 3Y
45.05%
DEBT TO ASSETS RATIO AVG 5Y
44.88%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.88%
CURRENT VS 3Y AVG
+8.95%
CURRENT VS 5Y AVG
+9.35%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.23%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+21712.79%
vs the sector median at left
Array Technologies, Inc.
Market Cap
$608.38M
Debt to Assets Ratio
49.08%
TTM Avg
48.17%
3Y Avg
45.05%
5Y Avg
44.88%
Market Cap
$1.43B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.44B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.07B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.13B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.55B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $608.38M | 49.08% | 48.17% | 45.05% | 44.88% |
| Star Group, L.P. (SGU)vs › | $417.32M | 0.27% | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $164.78M | 0.27% | N/A | N/A | N/A |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | 0.01% | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.44B | 0.04% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.07B | 0.17% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $2.75B | 0.47% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $4.13B | 0.30% | N/A | N/A | N/A |
| Oceaneering International, Inc. (OII)vs › | $4.55B | 0.31% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $4.57B | 0.21% | N/A | N/A | N/A |
Debt/Assets
49.1%
Debt/Equity
N/A
Current Ratio
2.20
Interest Coverage
2.7x
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 | 49.08% |
| 2026-03-31 | 51.74% |
| 2025-12-31 | 52.78% |
| 2025-09-30 | 42.27% |
| 2025-06-30 | 44.99% |
| 2025-03-31 | 47.62% |
| 2024-12-31 | 48.95% |
| 2024-09-30 | 43.27% |
| 2024-06-30 | 41.22% |
| 2024-03-31 | 41.75% |
| 2023-12-31 | 42.80% |
| 2023-09-30 | 39.22% |
| 2023-06-30 | 39.94% |
| 2023-03-31 | 41.26% |
| 2022-12-31 | 45.11% |
| 2022-09-30 | 45.95% |
| 2022-06-30 | 47.60% |
| 2022-03-31 | 48.17% |
| 2021-12-31 | 63.57% |
| 2021-09-30 | 39.08% |
| 2021-06-30 | 81.09% |
| 2021-03-31 | 68.97% |
| 2020-12-31 | 65.28% |
| 2020-09-30 | 0.02% |
| 2020-06-30 | 5.00% |
| 2019-12-31 | 10.58% |
