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 15.92% is 27% above its 5-year average of 12.56%, near the high end of its 5-year range (4.25%–19.07%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.34% below its 12-month average of 16.82%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
15.92%
DEBT TO ASSETS RATIO AVG TTM
16.82%
DEBT TO ASSETS RATIO AVG 3Y
15.11%
DEBT TO ASSETS RATIO AVG 5Y
12.56%
DEBT TO ASSETS RATIO AVG 10Y
7.01%
DEBT TO ASSETS RATIO AVG 15Y
4.99%
DEBT TO ASSETS RATIO AVG 20Y
4.60%
CURRENT VS TTM AVG
-5.34%
CURRENT VS 3Y AVG
+5.36%
CURRENT VS 5Y AVG
+26.73%
CURRENT VS 10Y AVG
+126.94%
CURRENT VS 15Y AVG
+219.04%
CURRENT VS 20Y AVG
+246.41%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+8278.12%
vs the sector median at left
Market Cap
$2.42B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.60B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.91B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$931.01M
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$908.31M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AXT, Inc. (AXTI) | $2.18B | 15.92% | 16.82% | 15.11% | 12.56% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.42B | 0.53% | N/A | N/A | N/A |
| Asana, Inc. (ASAN)vs › | $1.86B | 0.30% | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.60B | 0.20% | N/A | N/A | N/A |
| Ambarella, Inc. (AMBA)vs › | $2.89B | 0.02% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $2.91B | 0.20% | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.35B | 0.01% | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $931.01M | 0.28% | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $908.31M | 0.02% | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $903.46M | 0.42% | N/A | N/A | N/A |
Debt/Assets
15.9%
Debt/Equity
0.24
Current Ratio
2.72
Interest Coverage
-17.5x
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 |
|---|---|
| 2026-03-31 | 15.92% |
| 2025-12-31 | 14.94% |
| 2025-09-30 | 19.07% |
| 2025-06-30 | 17.69% |
| 2025-03-31 | 16.47% |
| 2024-12-31 | 14.67% |
| 2024-09-30 | 15.90% |
| 2024-06-30 | 15.25% |
| 2024-03-31 | 14.82% |
| 2023-12-31 | 15.54% |
| 2023-09-30 | 14.22% |
| 2023-06-30 | 13.61% |
| 2023-03-31 | 14.87% |
| 2022-12-31 | 13.21% |
| 2022-09-30 | 12.40% |
| 2022-06-30 | 9.71% |
| 2022-03-31 | 6.65% |
| 2021-12-31 | 4.98% |
| 2021-09-30 | 5.30% |
| 2021-06-30 | 4.25% |
| 2021-03-31 | 4.33% |
| 2020-12-31 | 4.43% |
| 2020-09-30 | 2.67% |
| 2020-06-30 | 3.94% |
| 2020-03-31 | 4.03% |
| 2019-12-31 | 3.92% |
| 2019-09-30 | 3.84% |
| 2019-06-30 | 0.42% |
| 2019-03-31 | 0.43% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.13% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 2.11% |
| 2012-06-30 | 2.21% |
| 2012-03-31 | 2.40% |
| 2011-12-31 | 0.55% |
| 2011-09-30 | 2.73% |
| 2011-06-30 | 3.19% |
| 2011-03-31 | 3.58% |
| 2010-12-31 | 3.92% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.40% |
| 2010-03-31 | 0.43% |
| 2009-12-31 | 0.46% |
| 2009-09-30 | 3.22% |
| 2009-06-30 | 3.43% |
| 2009-03-31 | 3.43% |
| 2008-12-31 | 3.21% |
| 2008-09-30 | 2.63% |
| 2008-06-30 | 5.06% |
| 2008-03-31 | 5.71% |
| 2007-12-31 | 5.94% |
| 2007-09-30 | 6.25% |
| 2007-06-30 | 6.62% |
| 2007-03-31 | 6.85% |
| 2006-12-31 | 7.41% |
| 2006-09-30 | 9.99% |
| 2006-06-30 | 10.26% |
| 2006-03-31 | 10.19% |
| 2005-12-31 | 10.32% |
| 2005-09-30 | 10.05% |
| 2005-06-30 | 10.03% |
| 2005-03-31 | 9.63% |
| 2004-12-31 | 9.20% |
| 2004-09-30 | 10.64% |
| 2004-06-30 | 10.08% |
| 2004-03-31 | 11.45% |
| 2003-12-31 | 11.71% |
| 2003-09-30 | 11.62% |
| 2003-06-30 | 16.60% |
| 2003-03-31 | 15.39% |
| 2002-12-31 | 15.56% |
| 2002-09-30 | 12.86% |
| 2002-06-30 | 13.92% |
