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 2.28% is 73% above its 5-year average of 1.32%, near the high end of its 5-year range (0.33%–2.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.27% above its 12-month average of 1.94%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.28%.
DEBT TO ASSETS RATIO
2.28%
DEBT TO ASSETS RATIO AVG TTM
1.94%
DEBT TO ASSETS RATIO AVG 3Y
1.71%
DEBT TO ASSETS RATIO AVG 5Y
1.32%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+17.27%
CURRENT VS 3Y AVG
+33.42%
CURRENT VS 5Y AVG
+72.69%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
+889.42%
vs the sector median at left
BioNexus Gene Lab Corp.
Market Cap
$3.00M
Debt to Assets Ratio
2.28%
TTM Avg
1.94%
3Y Avg
1.71%
5Y Avg
1.32%
Market Cap
$3.15M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.74M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.71M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.66M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.64M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.36M
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 |
|---|---|---|---|---|---|
| BioNexus Gene Lab Corp. (BGLC) | $3.00M | 2.28% | 1.94% | 1.71% | 1.32% |
| PTL Limited (PTLE)vs › | $2.93M | 0.00% | N/A | N/A | N/A |
| Iveda Solutions, Inc. (IVDA)vs › | $3.15M | 0.11% | N/A | N/A | N/A |
| Polar Power, Inc. (POLA)vs › | $3.17M | 0.39% | N/A | N/A | N/A |
| Intelligent Group Limited (INTJ)vs › | $2.74M | 0.03% | N/A | N/A | N/A |
| Globavend Holdings Limited (GVH)vs › | $2.71M | 0.00% | N/A | N/A | N/A |
| Top KingWin Ltd. Class A (DPU)vs › | $2.66M | 0.00% | N/A | N/A | N/A |
| DEFSEC Technologies Inc. (DFSC)vs › | $2.64M | 0.12% | N/A | N/A | N/A |
| Addentax Group Corp. (ATXG)vs › | $3.36M | 0.02% | N/A | N/A | N/A |
| INLIF Limited (INLF)vs › | $3.60M | 0.08% | N/A | N/A | N/A |
Debt/Assets
2.3%
Debt/Equity
0.03
Current Ratio
6.08
Interest Coverage
-161.6x
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 | 2.28% |
| 2026-03-31 | 1.02% |
| 2025-12-31 | 1.90% |
| 2025-09-30 | 2.41% |
| 2025-06-30 | 2.09% |
| 2025-03-31 | 2.11% |
| 2024-12-31 | 2.02% |
| 2024-09-30 | 2.06% |
| 2024-06-30 | 2.12% |
| 2024-03-31 | 1.09% |
| 2023-12-31 | 1.29% |
| 2023-09-30 | 1.21% |
| 2023-06-30 | 0.58% |
| 2023-03-31 | 0.64% |
| 2022-12-31 | 0.65% |
| 2022-09-30 | 0.33% |
| 2022-06-30 | 0.38% |
| 2022-03-31 | 0.78% |
| 2021-12-31 | 0.80% |
| 2021-09-30 | 0.88% |
| 2021-06-30 | 1.03% |
| 2021-03-31 | 1.10% |
| 2020-12-31 | 1.22% |
| 2020-09-30 | 7.35% |
| 2020-06-30 | 7.07% |
| 2020-03-31 | 6.89% |
| 2019-12-31 | 7.26% |
| 2019-09-30 | 8.76% |
| 2019-06-30 | 8.51% |
| 2019-03-31 | 8.54% |
| 2018-12-31 | 4.97% |
| 2018-09-30 | 4.77% |
| 2017-12-31 | 0.00% |
