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 22.44% is 26% below its 1-year average of 30.45%, near the low end of its 1-year range (22.44%–34.79%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 22.44%.
DEBT TO ASSETS RATIO
22.44%
DEBT TO ASSETS RATIO AVG TTM
N/A
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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 448 covered companies
CURRENT VS SECTOR MEDIAN
+9655.31%
vs the sector median at left
Cardinal Infrastructure Group Inc.
Market Cap
$451.58M
Debt to Assets Ratio
22.44%
Market Cap
$431.31M
Debt to Assets Ratio
0.29%
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Cardinal Infrastructure Group Inc. (CDNL) | $451.58M | 22.44% |
| TAT Technologies Ltd. (TATT)vs › | $441.03M | 0.07% |
| BUUU Group Ltd (BUUU)vs › | $440.90M | 0.34% |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $431.31M | 0.29% |
| Forward Air Corporation (FWRD)vs › | $477.96M | 0.88% |
| Acacia Research Corporation (ACTG)vs › | $420.65M | 0.13% |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $488.43M | 0.00% |
| Columbus McKinnon Corporation (CMCO)vs › | $495.92M | 0.51% |
| Aduro Clean Technologies Inc. (ADUR)vs › | $401.65M | 0.01% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $503.93M | 0.49% |
Debt/Assets
22.4%
Debt/Equity
0.93
Current Ratio
3.59
Interest Coverage
5.9x
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 | 22.44% |
| 2026-03-31 | 34.57% |
| 2025-12-31 | 34.79% |
| 2025-09-30 | 30.00% |