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 46.39% is 54% above its 5-year average of 30.06%, around the middle of its 5-year range (26.18%–55.61%).
As of the fiscal period ended Saturday, July 4, 2026. 10.04% below its 12-month average of 51.57%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-07-04): 46.39%.
DEBT TO ASSETS RATIO
46.39%
DEBT TO ASSETS RATIO AVG TTM
51.57%
DEBT TO ASSETS RATIO AVG 3Y
37.60%
DEBT TO ASSETS RATIO AVG 5Y
30.06%
DEBT TO ASSETS RATIO AVG 10Y
29.96%
DEBT TO ASSETS RATIO AVG 15Y
30.34%
DEBT TO ASSETS RATIO AVG 20Y
27.99%
CURRENT VS TTM AVG
-10.04%
CURRENT VS 3Y AVG
+23.38%
CURRENT VS 5Y AVG
+54.33%
CURRENT VS 10Y AVG
+54.85%
CURRENT VS 15Y AVG
+52.89%
CURRENT VS 20Y AVG
+65.72%
SECTOR MEDIAN · INDUSTRIALS
0.26%
median of 320 covered companies
CURRENT VS SECTOR MEDIAN
+18092.70%
vs the sector median at left
Astronics Corporation
Market Cap
$2.63B
Debt to Assets Ratio
46.39%
TTM Avg
51.57%
3Y Avg
37.60%
5Y Avg
30.06%
Market Cap
$2.55B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.29B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.28B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.04B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Astronics Corporation (ATRO) | $2.63B | 46.39% | 51.57% | 37.60% | 30.06% |
| Plug Power Inc. (PLUG)vs › | $2.64B | 0.38% | N/A | N/A | N/A |
| Huron Consulting Group Inc. (HURN)vs › | $2.55B | 0.53% | N/A | N/A | N/A |
| Redwire Corp (RDW)vs › | $2.49B | 0.04% | N/A | N/A | N/A |
| Maximus, Inc. (MMS)vs › | $2.86B | 0.40% | N/A | N/A | N/A |
| ArcBest Corp (ARCB)vs › | $2.93B | 0.19% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $2.29B | 0.00% | N/A | N/A | N/A |
| Intuitive Machines, Inc. (LUNR)vs › | $2.28B | 0.23% | N/A | N/A | N/A |
| DXP Enterprises, Inc. (DXPE)vs › | $3.04B | 0.51% | N/A | N/A | N/A |
| Flywire Corp (FLYW)vs › | $2.21B | 0.00% | N/A | N/A | N/A |
Debt/Assets
46.4%
Debt/Equity
1.78
Current Ratio
2.97
Interest Coverage
6.1x
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 |
|---|---|
| 2026-07-04 | 46.39% |
| 2026-04-04 | 50.74% |
| 2025-12-31 | 53.54% |
| 2025-09-27 | 55.61% |
| 2025-06-28 | 30.28% |
| 2025-03-29 | 29.60% |
| 2024-12-31 | 29.88% |
| 2024-09-28 | 31.53% |
| 2024-06-29 | 31.30% |
| 2024-03-30 | 30.35% |
| 2023-12-31 | 30.49% |
| 2023-09-30 | 31.48% |
| 2023-07-01 | 31.88% |
| 2023-04-01 | 30.11% |
| 2022-12-31 | 29.01% |
| 2022-10-01 | 29.21% |
| 2022-07-02 | 26.43% |
| 2022-04-02 | 26.18% |
| 2021-12-31 | 29.86% |
| 2021-10-02 | 33.35% |
| 2021-07-03 | 32.43% |
| 2021-04-03 | 31.90% |
| 2020-12-31 | 31.86% |
| 2020-09-26 | 30.45% |
| 2020-06-27 | 30.04% |
| 2020-03-28 | 42.61% |
| 2019-12-31 | 27.91% |
| 2019-09-28 | 23.17% |
| 2019-06-29 | 15.94% |
| 2019-03-30 | 14.77% |
| 2018-12-31 | 30.82% |
| 2018-09-29 | 33.46% |
| 2018-06-30 | 34.71% |
| 2018-03-31 | 35.97% |
| 2017-12-31 | 36.93% |
| 2017-09-30 | 27.68% |
| 2017-07-01 | 25.96% |
| 2017-04-01 | 23.45% |
| 2016-12-31 | 24.51% |
| 2016-10-01 | 26.47% |
| 2016-07-02 | 27.21% |
| 2016-04-02 | 28.08% |
| 2015-12-31 | 27.87% |
| 2015-10-03 | 32.16% |
| 2015-07-04 | 36.22% |
| 2015-04-04 | 36.11% |
| 2014-12-31 | 32.51% |
| 2014-09-27 | 35.99% |
| 2014-06-28 | 42.15% |
| 2014-03-29 | 44.53% |
| 2013-12-31 | 40.78% |
| 2013-09-28 | 45.90% |
| 2013-06-29 | 11.45% |
| 2013-03-30 | 12.88% |
| 2012-12-31 | 14.14% |
| 2012-09-29 | 16.10% |
| 2012-06-30 | 13.73% |
| 2012-03-31 | 15.11% |
| 2011-12-31 | 19.02% |
| 2011-10-01 | 20.83% |
| 2011-07-02 | 22.34% |
| 2011-04-02 | 23.87% |
| 2010-12-31 | 25.57% |
| 2010-10-02 | 26.67% |
| 2010-07-03 | 29.12% |
| 2010-04-03 | 30.70% |
| 2009-12-31 | 32.28% |
| 2009-10-03 | 33.66% |
| 2009-07-04 | 35.95% |
| 2009-04-04 | 36.62% |
| 2008-12-31 | 13.80% |
| 2008-09-27 | 16.71% |
| 2008-06-28 | 16.16% |
| 2008-03-29 | 20.76% |
| 2007-12-31 | 22.03% |
| 2007-09-29 | 25.45% |
| 2007-06-30 | 29.16% |
| 2007-03-31 | 26.40% |
| 2006-12-31 | 22.35% |
| 2006-09-30 | 24.49% |
| 2006-07-01 | 23.26% |
| 2006-04-01 | 25.43% |
| 2005-12-31 | 27.66% |
| 2005-09-30 | 28.27% |
| 2005-06-30 | 28.47% |
| 2005-03-31 | 31.44% |
| 2004-12-31 | 26.66% |
| 2004-09-30 | 27.62% |
| 2004-06-30 | 28.00% |
| 2004-03-31 | 28.75% |
| 2003-12-31 | 29.42% |
| 2003-10-27 | 29.75% |
| 2003-06-30 | 29.87% |
| 2003-03-31 | 30.40% |
| 2002-12-31 | 20.76% |
| 2002-09-28 | 19.54% |
