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 3.85% is 23% below its 5-year average of 5.00%, near the low end of its 5-year range (1.39%–16.08%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.33% below its 12-month average of 4.15%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 3.85%.
DEBT TO ASSETS RATIO
3.85%
DEBT TO ASSETS RATIO AVG TTM
4.15%
DEBT TO ASSETS RATIO AVG 3Y
5.08%
DEBT TO ASSETS RATIO AVG 5Y
5.00%
DEBT TO ASSETS RATIO AVG 10Y
2.98%
DEBT TO ASSETS RATIO AVG 15Y
1.98%
DEBT TO ASSETS RATIO AVG 20Y
1.67%
CURRENT VS TTM AVG
-7.33%
CURRENT VS 3Y AVG
-24.30%
CURRENT VS 5Y AVG
-23.11%
CURRENT VS 10Y AVG
+29.27%
CURRENT VS 15Y AVG
+93.90%
CURRENT VS 20Y AVG
+130.70%
SECTOR MEDIAN · TECHNOLOGY
0.15%
median of 453 covered companies
CURRENT VS SECTOR MEDIAN
+2464.92%
vs the sector median at left
Clearfield, Inc.
Market Cap
$456.61M
Debt to Assets Ratio
3.85%
TTM Avg
4.15%
3Y Avg
5.08%
5Y Avg
5.00%
Market Cap
$465.03M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$425.66M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$383.97M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$549.81M
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearfield, Inc. (CLFD) | $456.61M | 3.85% | 4.15% | 5.08% | 5.00% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $465.03M | 0.03% | N/A | N/A | N/A |
| Arqit Quantum Inc. (ARQQ)vs › | $425.66M | 0.06% | N/A | N/A | N/A |
| Allot Ltd. (ALLT)vs › | $418.29M | 0.03% | N/A | N/A | N/A |
| Braiin Ltd (BRAI)vs › | $510.69M | N/A | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $383.97M | 0.17% | N/A | N/A | N/A |
| PowerFleet, Inc. (AIOT)vs › | $377.85M | 0.31% | N/A | N/A | N/A |
| Cerence Inc. (CRNC)vs › | $365.12M | 0.30% | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $549.81M | 0.26% | N/A | N/A | N/A |
| i3 Verticals, Inc. (IIIV)vs › | $359.17M | 0.19% | N/A | N/A | N/A |
Debt/Assets
3.8%
Debt/Equity
0.04
Current Ratio
12.53
Interest Coverage
N/A
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 | 3.85% |
| 2026-03-31 | 4.15% |
| 2025-12-31 | 3.01% |
| 2025-09-30 | 2.86% |
| 2025-06-30 | 6.89% |
| 2025-03-31 | 6.96% |
| 2024-12-31 | 6.83% |
| 2024-09-30 | 4.29% |
| 2024-06-30 | 5.82% |
| 2024-03-31 | 4.76% |
| 2023-12-31 | 4.77% |
| 2023-09-30 | 4.63% |
| 2023-06-30 | 7.25% |
| 2023-03-31 | 6.47% |
| 2022-12-31 | 5.54% |
| 2022-09-30 | 16.08% |
| 2022-06-30 | 7.45% |
| 2022-03-31 | 8.73% |
| 2021-12-31 | 1.39% |
| 2021-09-30 | 2.01% |
| 2021-06-30 | 2.41% |
| 2021-03-31 | 2.86% |
| 2020-12-31 | 3.31% |
| 2020-09-30 | 2.93% |
| 2020-06-30 | 3.27% |
| 2020-03-31 | 3.65% |
| 2019-12-31 | 2.95% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.09% |
| 2009-09-30 | 0.16% |
| 2009-06-30 | 0.27% |
| 2009-03-31 | 0.39% |
| 2008-12-31 | 0.49% |
| 2008-09-30 | 0.56% |
| 2008-06-30 | 0.71% |
| 2008-03-31 | 0.83% |
| 2007-12-31 | 0.98% |
| 2007-09-30 | 1.07% |
| 2007-06-30 | 1.16% |
| 2007-03-31 | 1.26% |
| 2006-12-31 | 0.13% |
| 2006-09-30 | 6.68% |
| 2006-06-30 | 6.64% |
| 2006-03-31 | 6.95% |
| 2005-12-31 | 7.20% |
| 2005-09-30 | 6.83% |
| 2005-06-30 | 6.45% |
| 2005-03-31 | 7.15% |
| 2004-12-31 | 6.98% |
| 2004-09-30 | 6.64% |
| 2004-06-30 | 6.44% |
| 2004-03-31 | 7.01% |
| 2003-12-31 | 6.67% |
| 2003-09-30 | 6.32% |
| 2003-06-30 | 6.22% |
| 2003-03-31 | 6.83% |
| 2002-12-31 | 6.28% |
| 2002-09-30 | 6.10% |