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 7.78% is 39% below its 5-year average of 12.73%, near the low end of its 5-year range (4.25%–19.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 48.39% below its 12-month average of 15.08%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.78%.
DEBT TO ASSETS RATIO
7.78%
DEBT TO ASSETS RATIO AVG TTM
15.08%
DEBT TO ASSETS RATIO AVG 3Y
15.36%
DEBT TO ASSETS RATIO AVG 5Y
12.73%
DEBT TO ASSETS RATIO AVG 10Y
7.20%
DEBT TO ASSETS RATIO AVG 15Y
5.06%
DEBT TO ASSETS RATIO AVG 20Y
4.56%
CURRENT VS TTM AVG
-48.39%
CURRENT VS 3Y AVG
-49.34%
CURRENT VS 5Y AVG
-38.84%
CURRENT VS 10Y AVG
+8.04%
CURRENT VS 15Y AVG
+53.87%
CURRENT VS 20Y AVG
+70.51%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+3996.44%
vs the sector median at left
Market Cap
$3.48B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.69B
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.68B
Debt to Assets Ratio
0.18%
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) | $3.28B | 7.78% | 15.08% | 15.36% | 12.73% |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.48B | 0.03% | N/A | N/A | N/A |
| Ambarella, Inc. (AMBA)vs › | $2.98B | 0.02% | N/A | N/A | N/A |
| monday.com Ltd. (MNDY)vs › | $3.60B | 0.15% | N/A | N/A | N/A |
| Bel Fuse Inc. (BELFB)vs › | $2.94B | 0.03% | N/A | N/A | N/A |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 0.57% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $2.68B | 0.18% | N/A | N/A | N/A |
| Wix.com Ltd. (WIX)vs › | $3.96B | 1.10% | N/A | N/A | N/A |
| Itron, Inc. (ITRI)vs › | $4.10B | 0.04% | N/A | N/A | N/A |
| nCino, Inc. (NCNO)vs › | $2.35B | 0.22% | N/A | N/A | N/A |
Debt/Assets
7.8%
Debt/Equity
0.10
Current Ratio
4.77
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 |
|---|---|
| 2026-06-30 | 7.78% |
| 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% |
