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 27.20% is in line with its 5-year average of 29.80%, around the middle of its 5-year range (18.18%–35.34%).
As of the fiscal period ended Sunday, May 31, 2026. 8.91% above its 12-month average of 24.97%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-05-31): 27.20%.
DEBT TO ASSETS RATIO
27.20%
DEBT TO ASSETS RATIO AVG TTM
24.97%
DEBT TO ASSETS RATIO AVG 3Y
28.48%
DEBT TO ASSETS RATIO AVG 5Y
29.80%
DEBT TO ASSETS RATIO AVG 10Y
27.85%
DEBT TO ASSETS RATIO AVG 15Y
28.62%
DEBT TO ASSETS RATIO AVG 20Y
29.20%
CURRENT VS TTM AVG
+8.91%
CURRENT VS 3Y AVG
-4.52%
CURRENT VS 5Y AVG
-8.73%
CURRENT VS 10Y AVG
-2.36%
CURRENT VS 15Y AVG
-4.98%
CURRENT VS 20Y AVG
-6.87%
SECTOR MEDIAN · INDUSTRIALS
0.26%
median of 319 covered companies
CURRENT VS SECTOR MEDIAN
+10359.92%
vs the sector median at left
Art's-Way Manufacturing Co., Inc.
Market Cap
$17.16M
Debt to Assets Ratio
27.20%
TTM Avg
24.97%
3Y Avg
28.48%
5Y Avg
29.80%
Market Cap
$15.97M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.43M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.75M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.03M
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.81M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.48M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.05M
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.13M
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Art's-Way Manufacturing Co., Inc. (ARTW) | $17.16M | 27.20% | 24.97% | 28.48% | 29.80% |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.97M | 0.00% | N/A | N/A | N/A |
| High-Trend International Group (HTCO)vs › | $18.43M | 0.00% | N/A | N/A | N/A |
| Greenpro Capital Corp. (GRNQ)vs › | $15.75M | 0.00% | N/A | N/A | N/A |
| Castor Maritime Inc. (CTRM)vs › | $19.03M | 0.18% | N/A | N/A | N/A |
| ClearSign Technologies Corporation (CLIR)vs › | $20.81M | 0.01% | N/A | N/A | N/A |
| Astrotech Corporation (ASTC)vs › | $13.48M | 0.11% | N/A | N/A | N/A |
| Greenland Technologies Holding Corporation (GTEC)vs › | $21.05M | 0.14% | N/A | N/A | N/A |
| Performance Shipping Inc. (PSHG)vs › | $21.13M | 0.46% | N/A | N/A | N/A |
| Clean Energy Technologies, Inc. (CETY)vs › | $11.68M | 0.28% | N/A | N/A | N/A |
Debt/Assets
27.2%
Debt/Equity
0.47
Current Ratio
2.17
Interest Coverage
0.8x
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 |
|---|---|
| 2026-05-31 | 27.20% |
| 2026-02-28 | 26.40% |
| 2025-11-30 | 28.50% |
| 2025-08-31 | 24.58% |
| 2025-05-31 | 18.18% |
| 2025-02-28 | 23.66% |
| 2024-11-30 | 22.52% |
| 2024-08-31 | 31.37% |
| 2024-05-31 | 32.61% |
| 2024-02-29 | 35.34% |
| 2023-11-30 | 33.38% |
| 2023-08-31 | 32.16% |
| 2023-05-31 | 34.38% |
| 2023-02-28 | 26.49% |
| 2022-11-30 | 30.91% |
| 2022-08-31 | 34.07% |
| 2022-05-31 | 34.61% |
| 2022-02-28 | 28.91% |
| 2021-11-30 | 33.74% |
| 2021-08-31 | 33.34% |
| 2021-05-31 | 33.42% |
| 2021-02-28 | 24.93% |
| 2020-11-30 | 27.58% |
| 2020-08-31 | 30.31% |
| 2020-05-31 | 33.32% |
| 2020-02-29 | 29.93% |
| 2019-11-30 | 25.92% |
| 2019-08-31 | 25.71% |
| 2019-05-31 | 28.45% |
| 2019-02-28 | 29.37% |
| 2018-11-30 | 29.34% |
| 2018-08-31 | 24.80% |
| 2018-05-31 | 22.06% |
| 2018-02-28 | 20.85% |
| 2017-11-30 | 22.28% |
| 2017-08-31 | 24.07% |
| 2017-05-31 | 24.08% |
| 2017-02-28 | 23.00% |
| 2016-11-30 | 23.78% |
| 2016-08-31 | 23.50% |
| 2016-05-31 | 22.99% |
| 2016-02-29 | 27.79% |
| 2015-11-30 | 31.63% |
| 2015-08-31 | 31.51% |
| 2015-05-31 | 29.34% |
| 2015-02-28 | 30.40% |
| 2014-11-30 | 29.84% |
| 2014-08-31 | 35.30% |
| 2014-05-31 | 34.06% |
| 2014-02-28 | 32.50% |
| 2013-11-30 | 33.05% |
| 2013-08-31 | 25.63% |
| 2013-05-31 | 25.90% |
| 2013-02-28 | 25.03% |
| 2012-11-30 | 27.11% |
| 2012-08-31 | 28.52% |
| 2012-05-31 | 31.63% |
| 2012-02-29 | 26.40% |
| 2011-11-30 | 30.34% |
| 2011-08-31 | 33.58% |
| 2011-05-31 | 34.21% |
| 2011-02-28 | 27.29% |
| 2010-11-30 | 34.18% |
| 2010-08-31 | 34.45% |
| 2010-05-31 | 30.39% |
| 2010-02-28 | 24.79% |
| 2009-11-30 | 36.41% |
| 2009-08-31 | 39.59% |
| 2009-05-31 | 39.03% |
| 2009-02-28 | 36.39% |
| 2008-11-30 | 33.40% |
| 2008-08-31 | 32.96% |
| 2008-05-31 | 32.79% |
| 2008-02-29 | 26.87% |
| 2007-11-30 | 33.64% |
| 2007-08-31 | 25.14% |
| 2007-05-31 | 22.89% |
| 2007-02-28 | 24.81% |
| 2006-11-30 | 27.87% |
| 2006-08-31 | 28.77% |
| 2006-05-31 | 27.83% |
| 2006-02-28 | 20.93% |
| 2005-11-30 | 23.61% |
| 2005-08-31 | 25.90% |
| 2005-05-31 | 22.47% |
| 2005-02-28 | 23.38% |
| 2004-11-30 | 26.61% |
| 2004-08-31 | 26.98% |
| 2004-05-31 | 18.46% |
| 2004-02-29 | 20.68% |
| 2003-11-30 | 4.44% |
| 2003-08-31 | 28.95% |
| 2003-05-31 | 28.32% |
| 2003-02-28 | 13.88% |
| 2002-11-30 | 20.21% |
| 2002-08-31 | 34.29% |
