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 0.56% is 107% above its 5-year average of 0.27%, near the high end of its 5-year range (0.00%–0.72%).
As of the fiscal period ended Friday, July 31, 2026. 6.85% below its 12-month average of 0.60%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 0.56%.
DEBT TO ASSETS RATIO
0.56%
DEBT TO ASSETS RATIO AVG TTM
0.60%
DEBT TO ASSETS RATIO AVG 3Y
0.39%
DEBT TO ASSETS RATIO AVG 5Y
0.27%
DEBT TO ASSETS RATIO AVG 10Y
1.59%
DEBT TO ASSETS RATIO AVG 15Y
26.65%
DEBT TO ASSETS RATIO AVG 20Y
37.90%
CURRENT VS TTM AVG
-6.85%
CURRENT VS 3Y AVG
+42.45%
CURRENT VS 5Y AVG
+106.81%
CURRENT VS 10Y AVG
-64.77%
CURRENT VS 15Y AVG
-97.90%
CURRENT VS 20Y AVG
-98.52%
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
+143.35%
vs the sector median at left
Coda Octopus Group, Inc.
Market Cap
$122.51M
Debt to Assets Ratio
0.56%
TTM Avg
0.60%
3Y Avg
0.39%
5Y Avg
0.27%
Market Cap
$126.55M
Debt to Assets Ratio
0.77%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$127.10M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$117.40M
Debt to Assets Ratio
0.55%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$128.00M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$115.21M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$108.93M
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$106.92M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coda Octopus Group, Inc. (CODA) | $122.51M | 0.56% | 0.60% | 0.39% | 0.27% |
| Wheels Up Experience Inc. (UP)vs › | $126.55M | 0.77% | N/A | N/A | N/A |
| Resources Connection, Inc. (RGP)vs › | $127.10M | 0.09% | N/A | N/A | N/A |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 0.55% | N/A | N/A | N/A |
| ZJK Industrial Co., Ltd. (ZJK)vs › | $128.00M | 0.08% | N/A | N/A | N/A |
| Orion Energy Systems, Inc. (OESX)vs › | $115.21M | 0.12% | N/A | N/A | N/A |
| Shimmick Corp. (SHIM)vs › | $130.34M | 0.40% | N/A | N/A | N/A |
| Ultralife Corporation (ULBI)vs › | $108.93M | 0.22% | N/A | N/A | N/A |
| New Horizon Aircraft Ltd (HOVR)vs › | $106.92M | 0.00% | N/A | N/A | N/A |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | 0.10% | N/A | N/A | N/A |
Debt/Assets
0.6%
Debt/Equity
0.01
Current Ratio
10.06
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 |
|---|---|
| 2026-07-31 | 0.56% |
| 2026-04-30 | 0.57% |
| 2026-01-31 | 0.61% |
| 2025-10-31 | 0.61% |
| 2025-07-31 | 0.65% |
| 2025-04-30 | 0.70% |
| 2025-01-31 | 0.69% |
| 2024-10-31 | 0.72% |
| 2024-07-31 | 0.00% |
| 2024-04-30 | 0.00% |
| 2024-01-31 | 0.00% |
| 2023-10-31 | 0.00% |
| 2023-07-31 | 0.00% |
| 2023-04-30 | 0.00% |
| 2023-01-31 | 0.00% |
| 2022-10-31 | 0.00% |
| 2022-07-31 | 0.00% |
| 2022-04-30 | 0.00% |
| 2022-01-31 | 0.00% |
| 2021-10-31 | 0.14% |
| 2021-07-31 | 0.44% |
| 2021-04-30 | 0.75% |
| 2021-01-31 | 2.19% |
| 2020-10-31 | 1.51% |
| 2020-07-31 | 3.61% |
| 2020-04-30 | 3.68% |
| 2020-01-31 | 2.58% |
| 2019-10-31 | 3.09% |
| 2019-07-31 | 3.53% |
| 2019-04-30 | 4.05% |
| 2019-01-31 | 4.54% |
| 2018-10-31 | 7.04% |
| 2018-07-31 | 10.16% |
| 2018-04-30 | 11.51% |
| 2018-01-31 | 27.32% |
| 2017-10-31 | 34.41% |
| 2017-07-31 | 33.34% |
| 2017-04-30 | 35.77% |
| 2017-01-31 | 43.42% |
| 2016-10-31 | 43.90% |
| 2016-07-31 | 49.29% |
| 2016-04-30 | 50.47% |
| 2016-01-31 | 54.65% |
| 2015-10-31 | 70.17% |
| 2015-07-31 | 71.21% |
| 2015-04-30 | 72.57% |
| 2015-01-31 | 73.58% |
| 2014-10-31 | 74.35% |
| 2014-07-31 | 77.55% |
| 2014-04-30 | 79.52% |
| 2014-01-31 | 83.31% |
| 2013-10-31 | 83.53% |
| 2013-07-31 | 86.39% |
| 2013-04-30 | 86.95% |
| 2013-01-31 | 94.25% |
| 2012-10-31 | 92.92% |
| 2012-07-31 | 106.82% |
| 2012-04-30 | 10.06% |
| 2012-01-31 | 11.68% |
| 2011-10-31 | 14.55% |
| 2011-07-31 | 0.00% |
| 2011-04-30 | 169.95% |
| 2011-01-31 | 139.55% |
| 2010-10-31 | 149.99% |
| 2010-07-31 | 117.15% |
| 2010-04-30 | 108.96% |
| 2010-01-31 | 110.37% |
| 2009-10-31 | 100.73% |
| 2009-07-31 | 86.41% |
| 2009-04-30 | 86.48% |
| 2009-01-31 | 83.50% |
| 2008-10-31 | 73.48% |
| 2008-07-31 | 61.95% |
| 2008-04-30 | 57.02% |
| 2008-01-31 | 2.66% |
| 2007-10-31 | 2.37% |
| 2007-07-31 | 0.39% |
| 2007-04-30 | 0.79% |
| 2006-10-31 | 16.14% |
| 2006-04-30 | 15.42% |
| 2006-01-31 | 26.82% |
