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 36.83% is 18% above its 5-year average of 31.22%, around the middle of its 5-year range (20.33%–65.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.68% above its 12-month average of 33.58%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 36.83%.
DEBT TO ASSETS RATIO
36.83%
DEBT TO ASSETS RATIO AVG TTM
33.58%
DEBT TO ASSETS RATIO AVG 3Y
33.75%
DEBT TO ASSETS RATIO AVG 5Y
31.22%
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
+9.68%
CURRENT VS 3Y AVG
+9.11%
CURRENT VS 5Y AVG
+17.95%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.15%
median of 435 covered companies
CURRENT VS SECTOR MEDIAN
+24452.36%
vs the sector median at left
Backblaze, Inc.
Market Cap
$833.00M
Debt to Assets Ratio
36.83%
TTM Avg
33.58%
3Y Avg
33.75%
5Y Avg
31.22%
Market Cap
$843.50M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$865.17M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$867.96M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$796.61M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$793.55M
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$897.50M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$709.43M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Backblaze, Inc. (BLZE) | $833.00M | 36.83% | 33.58% | 33.75% | 31.22% |
| Frequency Electronics, Inc. (FEIM)vs › | $843.50M | 0.05% | N/A | N/A | N/A |
| Daktronics, Inc. (DAKT)vs › | $859.47M | 0.02% | N/A | N/A | N/A |
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ)vs › | $865.17M | 0.00% | N/A | N/A | N/A |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $867.96M | 0.03% | N/A | N/A | N/A |
| Viant Technology Inc. (DSP)vs › | $796.61M | 0.04% | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $793.55M | 0.40% | N/A | N/A | N/A |
| Daily Journal Corporation (DJCO)vs › | $897.50M | 0.04% | N/A | N/A | N/A |
| Gilat Satellite Networks Ltd. (GILT)vs › | $709.43M | 0.01% | N/A | N/A | N/A |
| Aeva Technologies, Inc. (AEVA)vs › | $965.75M | 0.45% | N/A | N/A | N/A |
Debt/Assets
36.8%
Debt/Equity
0.93
Current Ratio
1.00
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 |
|---|---|
| 2026-06-30 | 36.83% |
| 2026-03-31 | 32.36% |
| 2025-12-31 | 32.10% |
| 2025-09-30 | 33.49% |
| 2025-06-30 | 33.11% |
| 2025-03-31 | 28.11% |
| 2024-12-31 | 27.49% |
| 2024-09-30 | 36.24% |
| 2024-06-30 | 32.82% |
| 2024-03-31 | 32.90% |
| 2023-12-31 | 35.58% |
| 2023-09-30 | 37.06% |
| 2023-06-30 | 34.43% |
| 2023-03-31 | 31.84% |
| 2022-12-31 | 29.84% |
| 2022-09-30 | 28.19% |
| 2022-06-30 | 26.65% |
| 2022-03-31 | 23.88% |
| 2021-12-31 | 20.33% |
| 2021-09-30 | 65.50% |
| 2021-06-30 | 59.81% |
| 2020-12-31 | 57.79% |
