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 28.76% is in line with its 5-year average of 31.11%, near the low end of its 5-year range (27.69%–33.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.14% below its 12-month average of 29.39%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 28.76%.
DEBT TO ASSETS RATIO
28.76%
DEBT TO ASSETS RATIO AVG TTM
29.39%
DEBT TO ASSETS RATIO AVG 3Y
31.00%
DEBT TO ASSETS RATIO AVG 5Y
31.11%
DEBT TO ASSETS RATIO AVG 10Y
29.76%
DEBT TO ASSETS RATIO AVG 15Y
29.18%
DEBT TO ASSETS RATIO AVG 20Y
27.03%
CURRENT VS TTM AVG
-2.14%
CURRENT VS 3Y AVG
-7.23%
CURRENT VS 5Y AVG
-7.54%
CURRENT VS 10Y AVG
-3.36%
CURRENT VS 15Y AVG
-1.43%
CURRENT VS 20Y AVG
+6.41%
SECTOR MEDIAN · INDUSTRIALS
0.24%
median of 388 covered companies
CURRENT VS SECTOR MEDIAN
+11883.73%
vs the sector median at left
Market Cap
$7.44B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.35B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.97B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.21B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.10B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CAE Inc. (CAE) | $7.63B | 28.76% | 29.39% | 31.00% | 31.11% |
| Aecom (ACM)vs › | $7.80B | 0.28% | N/A | N/A | N/A |
| Powell Industries, Inc. (POWL)vs › | $7.44B | 0.00% | N/A | N/A | N/A |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $7.35B | 0.22% | N/A | N/A | N/A |
| Fluor Corporation (FLR)vs › | $7.31B | 0.14% | N/A | N/A | N/A |
| A. O. Smith Corporation (AOS)vs › | $7.97B | 0.19% | N/A | N/A | N/A |
| Federal Signal Corporation (FSS)vs › | $7.21B | 0.20% | N/A | N/A | N/A |
| AeroVironment, Inc. (AVAV)vs › | $7.20B | 0.15% | N/A | N/A | N/A |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.10B | 0.05% | N/A | N/A | N/A |
| AAON, Inc. (AAON)vs › | $7.12B | 0.25% | N/A | N/A | N/A |
Debt/Assets
28.8%
Debt/Equity
0.59
Current Ratio
0.83
Interest Coverage
2.7x
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 | 28.76% |
| 2026-03-31 | 29.01% |
| 2025-12-31 | 29.44% |
| 2025-09-30 | 30.35% |
| 2025-03-31 | 30.95% |
| 2024-12-31 | 32.98% |
| 2024-09-30 | 32.04% |
| 2024-06-30 | 32.54% |
| 2024-03-31 | 31.26% |
| 2023-12-31 | 30.65% |
| 2023-09-30 | 31.86% |
| 2023-06-30 | 32.16% |
| 2023-03-31 | 31.14% |
| 2022-12-31 | 31.78% |
| 2022-09-30 | 33.64% |
| 2022-06-30 | 33.13% |
| 2022-03-31 | 31.80% |
| 2021-12-31 | 30.10% |
| 2021-09-30 | 30.83% |
| 2021-06-30 | 27.69% |
| 2021-03-31 | 26.88% |
| 2020-12-31 | 31.36% |
| 2020-09-30 | 35.17% |
| 2020-06-30 | 38.19% |
| 2020-03-31 | 40.71% |
| 2019-12-31 | 36.51% |
| 2019-09-30 | 36.41% |
| 2019-06-30 | 35.54% |
| 2019-03-31 | 32.49% |
| 2018-12-31 | 21.41% |
| 2018-09-30 | 22.29% |
| 2018-06-30 | 22.65% |
| 2018-03-31 | 22.05% |
| 2017-12-31 | 22.68% |
| 2017-09-30 | 23.32% |
| 2017-06-30 | 23.31% |
| 2017-03-31 | 23.44% |
| 2016-12-31 | 24.57% |
| 2016-09-30 | 24.76% |
| 2016-06-30 | 24.58% |
| 2016-03-31 | 25.47% |
| 2015-12-31 | 25.89% |
| 2015-09-30 | 26.54% |
| 2015-06-30 | 27.88% |
| 2015-03-31 | 27.48% |
| 2014-12-31 | 28.11% |
| 2014-09-30 | 29.73% |
| 2014-06-30 | 28.21% |
| 2014-03-31 | 27.58% |
| 2013-12-31 | 28.93% |
| 2013-09-30 | 28.76% |
| 2013-06-30 | 30.14% |
| 2013-03-31 | 31.20% |
| 2012-12-31 | 33.31% |
| 2012-09-30 | 33.59% |
| 2012-06-30 | 33.78% |
| 2012-03-31 | 25.81% |
| 2011-12-31 | 27.04% |
| 2011-09-30 | 27.44% |
| 2011-06-30 | 24.97% |
| 2011-03-31 | 16.60% |
| 2010-12-31 | 24.24% |
| 2010-09-30 | 25.22% |
| 2010-06-30 | 26.99% |
| 2010-03-31 | 26.41% |
| 2009-12-31 | 28.21% |
| 2009-09-30 | 19.68% |
| 2009-06-30 | 27.85% |
| 2009-03-31 | 17.95% |
| 2008-12-31 | 17.43% |
| 2008-09-30 | 17.47% |
| 2008-06-30 | 17.92% |
| 2008-03-31 | 16.86% |
| 2007-12-31 | 18.75% |
| 2007-09-30 | 18.09% |
| 2007-06-30 | 17.81% |
| 2007-03-31 | 14.48% |
| 2006-12-31 | 15.66% |
| 2006-09-30 | 16.85% |
| 2006-06-30 | 15.56% |
| 2006-03-31 | 15.81% |
| 2005-12-31 | 16.70% |
| 2005-09-30 | 19.40% |
| 2005-06-30 | 19.34% |
| 2005-03-31 | 20.17% |
| 2004-12-31 | 31.93% |
| 2004-09-30 | 27.95% |
| 2004-06-30 | 29.72% |
| 2004-03-31 | 27.77% |
| 2003-12-31 | 29.50% |
| 2003-09-30 | 29.76% |
| 2003-06-30 | 37.00% |
| 2003-03-31 | 34.43% |
| 2002-12-31 | 39.37% |
| 2002-09-30 | 38.44% |
| 2002-06-30 | 39.67% |
