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 52.71% is 263% above its 5-year average of 14.50%, near the high end of its 5-year range (3.10%–52.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 43.74% above its 12-month average of 36.67%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 52.71%.
DEBT TO ASSETS RATIO
52.71%
DEBT TO ASSETS RATIO AVG TTM
36.67%
DEBT TO ASSETS RATIO AVG 3Y
17.91%
DEBT TO ASSETS RATIO AVG 5Y
14.50%
DEBT TO ASSETS RATIO AVG 10Y
17.56%
DEBT TO ASSETS RATIO AVG 15Y
28.07%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+43.74%
CURRENT VS 3Y AVG
+194.27%
CURRENT VS 5Y AVG
+263.44%
CURRENT VS 10Y AVG
+200.16%
CURRENT VS 15Y AVG
+87.76%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
0.19%
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+27642.71%
vs the sector median at left
Algoma Steel Group Inc.
Market Cap
$464.80M
Debt to Assets Ratio
52.71%
TTM Avg
36.67%
3Y Avg
17.91%
5Y Avg
14.50%
Market Cap
$417.66M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$515.38M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$363.23M
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$572.71M
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$596.72M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$621.80M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Algoma Steel Group Inc. (ASTL) | $464.80M | 52.71% | 36.67% | 17.91% | 14.50% |
| Blue Moon Metals Inc. (BMM)vs › | $417.66M | 0.04% | N/A | N/A | N/A |
| NioCorp Developments Ltd. (NB)vs › | $515.38M | 0.00% | N/A | N/A | N/A |
| REalloys Inc. (ALOY)vs › | $560.52M | 0.00% | N/A | N/A | N/A |
| ASP Isotopes Inc. Common Stock (ASPI)vs › | $363.23M | 0.47% | N/A | N/A | N/A |
| Lithium Americas Corp. (LAC)vs › | $572.71M | 0.33% | N/A | N/A | N/A |
| Janus International Group, Inc. (JBI)vs › | $596.72M | 0.00% | N/A | N/A | N/A |
| Gevo, Inc. (GEVO)vs › | $312.10M | 0.35% | N/A | N/A | N/A |
| Limbach Holdings, Inc. (LMB)vs › | $621.80M | 0.15% | N/A | N/A | N/A |
| Friedman Industries, Incorporated (FRD)vs › | $301.64M | 0.27% | N/A | N/A | N/A |
Debt/Assets
52.7%
Debt/Equity
3.68
Current Ratio
2.49
Interest Coverage
-9.1x
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 | 52.71% |
| 2025-12-31 | 41.85% |
| 2025-09-30 | 30.13% |
| 2025-06-30 | 22.00% |
| 2025-03-30 | 21.48% |
| 2024-12-31 | 20.70% |
| 2024-09-30 | 19.96% |
| 2024-06-30 | 20.11% |
| 2024-03-31 | 5.46% |
| 2023-12-31 | 5.49% |
| 2023-09-30 | 4.98% |
| 2023-06-30 | 4.88% |
| 2023-03-31 | 5.00% |
| 2022-12-31 | 4.73% |
| 2022-09-30 | 3.80% |
| 2022-06-30 | 3.10% |
| 2022-03-31 | 3.57% |
| 2021-12-31 | 3.68% |
| 2021-09-30 | 24.14% |
| 2021-06-30 | 30.50% |
| 2021-03-31 | 40.50% |
| 2014-09-30 | 71.64% |
| 2014-06-30 | 73.05% |
| 2014-03-31 | 71.82% |
| 2013-12-31 | 67.12% |
| 2013-09-30 | 65.72% |
| 2013-06-30 | 63.90% |
| 2013-03-31 | 60.20% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
