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 20.43% is 16% below its 5-year average of 24.32%, around the middle of its 5-year range (2.77%–38.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 73.12% above its 12-month average of 11.80%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.43%
DEBT TO ASSETS RATIO AVG TTM
11.80%
DEBT TO ASSETS RATIO AVG 3Y
26.28%
DEBT TO ASSETS RATIO AVG 5Y
24.32%
DEBT TO ASSETS RATIO AVG 10Y
23.77%
DEBT TO ASSETS RATIO AVG 15Y
23.12%
DEBT TO ASSETS RATIO AVG 20Y
22.34%
CURRENT VS TTM AVG
+73.12%
CURRENT VS 3Y AVG
-22.25%
CURRENT VS 5Y AVG
-16.02%
CURRENT VS 10Y AVG
-14.04%
CURRENT VS 15Y AVG
-11.63%
CURRENT VS 20Y AVG
-8.55%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+7328.60%
vs the sector median at left
CECO Environmental Corp.
Market Cap
$4.16B
Debt to Assets Ratio
20.43%
TTM Avg
11.80%
3Y Avg
26.28%
5Y Avg
24.32%
Market Cap
$4.30B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.91B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.90B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.88B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CECO Environmental Corp. (CECO) | $4.16B | 20.43% | 11.80% | 26.28% | 24.32% |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $4.30B | 0.03% | N/A | N/A | N/A |
| Primoris Services Corporation (PRIM)vs › | $3.91B | 0.24% | N/A | N/A | N/A |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.90B | 0.54% | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $4.54B | 0.04% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.73B | 0.42% | N/A | N/A | N/A |
| Exponent, Inc. (EXPO)vs › | $3.44B | 0.12% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.88B | 0.34% | N/A | N/A | N/A |
| UniFirst Corporation (UNF)vs › | $5.03B | 0.03% | N/A | N/A | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $3.11B | 0.01% | N/A | N/A | N/A |
Debt/Assets
20.4%
Debt/Equity
0.37
Current Ratio
1.50
Interest Coverage
2.5x
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 | 20.43% |
| 2026-03-31 | 2.77% |
| 2025-12-31 | 2.78% |
| 2025-09-30 | 2.83% |
| 2025-06-30 | 30.20% |
| 2025-03-31 | 38.02% |
| 2024-12-31 | 32.26% |
| 2024-09-30 | 25.61% |
| 2024-06-30 | 24.14% |
| 2024-03-31 | 25.75% |
| 2023-12-31 | 25.36% |
| 2023-09-30 | 25.96% |
| 2023-06-30 | 26.77% |
| 2023-03-31 | 27.89% |
| 2022-12-31 | 24.47% |
| 2022-09-30 | 25.34% |
| 2022-06-30 | 22.63% |
| 2022-03-31 | 21.09% |
| 2021-12-31 | 18.15% |
| 2021-09-30 | 18.44% |
| 2021-06-30 | 19.03% |
| 2021-03-31 | 19.42% |
| 2020-12-31 | 21.33% |
| 2020-09-30 | 21.03% |
| 2020-06-30 | 21.71% |
| 2020-03-31 | 27.29% |
| 2019-12-31 | 21.01% |
| 2019-09-30 | 21.03% |
| 2019-06-30 | 24.58% |
| 2019-03-31 | 24.22% |
| 2018-12-31 | 19.40% |
| 2018-09-30 | 20.48% |
| 2018-06-30 | 20.45% |
| 2018-03-31 | 21.32% |
| 2017-12-31 | 27.39% |
| 2017-09-30 | 26.83% |
| 2017-06-30 | 26.20% |
| 2017-03-31 | 25.86% |
| 2016-12-31 | 25.77% |
| 2016-09-30 | 24.69% |
| 2016-06-30 | 25.78% |
| 2016-03-31 | 29.32% |
| 2015-12-31 | 29.90% |
| 2015-09-30 | 30.32% |
| 2015-06-30 | 26.80% |
| 2015-03-31 | 27.05% |
| 2014-12-31 | 27.18% |
| 2014-09-30 | 24.05% |
| 2014-06-30 | 23.73% |
| 2014-03-31 | 24.47% |
| 2013-12-31 | 25.56% |
| 2013-09-30 | 25.91% |
| 2013-06-30 | 1.34% |
| 2013-03-31 | 2.38% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 10.37% |
| 2012-06-30 | 11.75% |
| 2012-03-31 | 11.95% |
| 2011-12-31 | 12.10% |
| 2011-09-30 | 13.59% |
| 2011-06-30 | 14.94% |
| 2011-03-31 | 14.48% |
| 2010-12-31 | 14.44% |
| 2010-09-30 | 19.02% |
| 2010-06-30 | 20.85% |
| 2010-03-31 | 5.94% |
| 2009-12-31 | 17.43% |
| 2009-09-30 | 11.01% |
| 2009-06-30 | 11.04% |
| 2009-03-31 | 18.59% |
| 2008-12-31 | 22.23% |
| 2008-09-30 | 19.72% |
| 2008-06-30 | 17.66% |
| 2008-03-31 | 20.46% |
| 2007-12-31 | 4.88% |
| 2007-09-30 | 0.89% |
| 2007-06-30 | 1.98% |
| 2007-03-31 | 29.33% |
| 2006-12-31 | 24.52% |
| 2006-09-30 | 25.37% |
| 2006-06-30 | 29.91% |
| 2006-03-31 | 30.19% |
| 2005-12-31 | 33.60% |
| 2005-09-30 | 37.37% |
| 2005-06-30 | 37.23% |
| 2005-03-31 | 39.34% |
| 2004-12-31 | 37.02% |
| 2004-09-30 | 34.88% |
| 2004-06-30 | 38.94% |
| 2004-03-31 | 38.61% |
| 2003-12-31 | 35.90% |
| 2003-09-30 | 36.37% |
| 2003-06-30 | 40.76% |
| 2003-03-31 | 42.96% |
| 2002-12-31 | 39.25% |
| 2002-09-30 | 42.85% |
