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 2.23% is 45% below its 5-year average of 4.05%, near the low end of its 5-year range (1.74%–7.75%).
As of the fiscal period ended Tuesday, June 30, 2026. 20.54% below its 12-month average of 2.81%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.23%.
DEBT TO ASSETS RATIO
2.23%
DEBT TO ASSETS RATIO AVG TTM
2.81%
DEBT TO ASSETS RATIO AVG 3Y
4.84%
DEBT TO ASSETS RATIO AVG 5Y
4.05%
DEBT TO ASSETS RATIO AVG 10Y
3.92%
DEBT TO ASSETS RATIO AVG 15Y
4.83%
DEBT TO ASSETS RATIO AVG 20Y
5.61%
CURRENT VS TTM AVG
-20.54%
CURRENT VS 3Y AVG
-53.92%
CURRENT VS 5Y AVG
-44.86%
CURRENT VS 10Y AVG
-43.10%
CURRENT VS 15Y AVG
-53.80%
CURRENT VS 20Y AVG
-60.23%
SECTOR MEDIAN · FINANCIAL SERVICES
0.06%
median of 343 covered companies
CURRENT VS SECTOR MEDIAN
+3617.40%
vs the sector median at left
Ames National Corporation
Market Cap
$283.25M
Debt to Assets Ratio
2.23%
TTM Avg
2.81%
3Y Avg
4.84%
5Y Avg
4.05%
Market Cap
$282.88M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$277.68M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$275.88M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$290.90M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$293.04M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$295.88M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$270.60M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$269.77M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ames National Corporation (ATLO) | $283.25M | 2.23% | 2.81% | 4.84% | 4.05% |
| Franklin Financial Services Corporation (FRAF)vs › | $282.88M | 0.09% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $277.68M | 0.07% | N/A | N/A | N/A |
| FB Bancorp, Inc. Common Stock (FBLA)vs › | $275.88M | 0.09% | N/A | N/A | N/A |
| First Northern Community Bancorp (FNRN)vs › | $290.90M | 0.00% | N/A | N/A | N/A |
| Blue Acquisition Corp. (BACC)vs › | $293.04M | 0.00% | N/A | N/A | N/A |
| Princeton Bancorp Inc. (BPRN)vs › | $295.88M | 0.01% | N/A | N/A | N/A |
| Freedom Metals Acquisition Corp. (FDMM)vs › | $270.60M | N/A | N/A | N/A | N/A |
| Cartesian Growth Corp. Iv (CGCF)vs › | $269.77M | N/A | N/A | N/A | N/A |
| Bleichroeder Acquisition Corp. Iii (BCCQ)vs › | $298.50M | N/A | N/A | N/A | N/A |
Debt/Assets
2.2%
Debt/Equity
0.22
Current ratio and interest coverage is unavailable for Ames National Corporation: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 2.23% |
| 2026-03-31 | 2.56% |
| 2025-12-31 | 2.82% |
| 2025-09-30 | 3.04% |
| 2025-06-30 | 3.38% |
| 2025-03-31 | 3.73% |
| 2024-12-31 | 4.66% |
| 2024-09-30 | 5.93% |
| 2024-06-30 | 5.95% |
| 2024-03-31 | 6.54% |
| 2023-12-31 | 7.64% |
| 2023-09-30 | 7.75% |
| 2023-06-30 | 6.69% |
| 2023-03-31 | 5.70% |
| 2022-12-31 | 3.74% |
| 2022-09-30 | 3.28% |
| 2022-06-30 | 1.86% |
| 2022-03-31 | 1.83% |
| 2021-12-31 | 2.01% |
| 2021-09-30 | 1.87% |
| 2021-06-30 | 1.74% |
| 2021-03-31 | 2.12% |
| 2020-12-31 | 2.04% |
| 2020-09-30 | 1.75% |
| 2020-06-30 | 2.10% |
| 2020-03-31 | 2.48% |
| 2019-12-31 | 2.71% |
| 2019-09-30 | 3.81% |
| 2019-06-30 | 2.29% |
| 2019-03-31 | 2.34% |
| 2018-12-31 | 3.80% |
| 2018-09-30 | 3.95% |
| 2018-06-30 | 2.65% |
| 2018-03-31 | 3.27% |
| 2017-12-31 | 4.65% |
| 2017-09-30 | 5.20% |
| 2017-06-30 | 4.76% |
| 2017-03-31 | 5.58% |
| 2016-12-31 | 6.28% |
| 2016-09-30 | 7.52% |
| 2016-06-30 | 6.45% |
| 2016-03-31 | 5.91% |
| 2015-12-31 | 6.47% |
| 2015-09-30 | 8.58% |
| 2015-06-30 | 6.08% |
| 2015-03-31 | 7.15% |
| 2014-12-31 | 6.82% |
| 2014-09-30 | 7.56% |
| 2014-06-30 | 7.74% |
| 2014-03-31 | 6.09% |
| 2013-12-31 | 6.01% |
| 2013-09-30 | 7.38% |
| 2013-06-30 | 5.40% |
| 2013-03-31 | 5.37% |
| 2012-12-31 | 5.07% |
| 2012-09-30 | 6.30% |
| 2012-06-30 | 5.72% |
| 2012-03-31 | 6.46% |
| 2011-12-31 | 7.42% |
| 2011-09-30 | 7.87% |
| 2011-06-30 | 8.39% |
| 2011-03-31 | 9.34% |
| 2010-12-31 | 7.65% |
| 2010-09-30 | 9.15% |
| 2010-06-30 | 9.58% |
| 2010-03-31 | 8.98% |
| 2009-12-31 | 6.24% |
| 2009-09-30 | 9.62% |
| 2009-06-30 | 9.87% |
| 2009-03-31 | 9.12% |
| 2008-12-31 | 9.68% |
| 2008-09-30 | 10.38% |
| 2008-06-30 | 9.12% |
| 2008-03-31 | 7.90% |
| 2007-12-31 | 6.36% |
| 2007-09-30 | 9.58% |
| 2007-06-30 | 6.27% |
| 2007-03-31 | 5.50% |
| 2006-12-31 | 4.55% |
| 2006-09-30 | 6.49% |
| 2006-06-30 | 4.38% |
| 2006-03-31 | 2.52% |
| 2005-12-31 | 4.58% |
| 2005-09-30 | 6.15% |
| 2005-06-30 | 7.35% |
| 2005-03-31 | 6.80% |
| 2004-12-31 | 7.63% |
| 2004-10-15 | 4.12% |
| 2004-06-30 | 5.65% |
| 2004-03-31 | 2.37% |
| 2003-12-31 | 2.42% |
| 2003-09-30 | 3.04% |
| 2003-06-30 | 2.81% |
| 2003-03-31 | 1.82% |
| 2002-12-31 | 2.70% |
| 2002-09-30 | 2.26% |
