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 30.12% is in line with its 5-year average of 27.85%, around the middle of its 5-year range (16.98%–43.73%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.36% below its 12-month average of 32.87%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 30.12%.
DEBT TO ASSETS RATIO
30.12%
DEBT TO ASSETS RATIO AVG TTM
32.87%
DEBT TO ASSETS RATIO AVG 3Y
33.27%
DEBT TO ASSETS RATIO AVG 5Y
27.85%
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
-8.36%
CURRENT VS 3Y AVG
-9.45%
CURRENT VS 5Y AVG
+8.16%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 484 covered companies
CURRENT VS SECTOR MEDIAN
+23072.46%
vs the sector median at left
Cerence Inc.
Market Cap
$366.03M
Debt to Assets Ratio
30.12%
TTM Avg
32.87%
3Y Avg
33.27%
5Y Avg
27.85%
Market Cap
$360.43M
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$374.22M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$354.39M
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$332.60M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$404.96M
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cerence Inc. (CRNC) | $366.03M | 30.12% | 32.87% | 33.27% | 27.85% |
| International Money Express, Inc. (IMXI)vs › | $360.43M | 0.30% | N/A | N/A | N/A |
| PowerFleet, Inc. (AIOT)vs › | $373.66M | 0.31% | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $374.22M | 0.17% | N/A | N/A | N/A |
| i3 Verticals, Inc. (IIIV)vs › | $354.39M | 0.19% | N/A | N/A | N/A |
| SEALSQ Corp (LAES)vs › | $352.92M | 0.01% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $332.60M | 0.04% | N/A | N/A | N/A |
| Lesaka Technologies, Inc. (LSAK)vs › | $404.96M | 0.36% | N/A | N/A | N/A |
| Lantronix, Inc. (LTRX)vs › | $325.77M | 0.05% | N/A | N/A | N/A |
| Currenc Group, Inc. (CURR)vs › | $325.62M | 0.15% | N/A | N/A | N/A |
Debt/Assets
30.1%
Debt/Equity
1.12
Current Ratio
2.08
Interest Coverage
1.3x
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 | 30.12% |
| 2026-03-31 | 30.39% |
| 2025-12-31 | 33.29% |
| 2025-09-30 | 36.51% |
| 2025-06-30 | 34.05% |
| 2025-03-31 | 41.49% |
| 2024-12-31 | 43.73% |
| 2024-09-30 | 42.10% |
| 2024-06-30 | 43.50% |
| 2024-03-31 | 29.55% |
| 2023-12-31 | 23.02% |
| 2023-09-30 | 22.30% |
| 2023-06-30 | 22.42% |
| 2023-03-31 | 22.03% |
| 2022-12-31 | 22.08% |
| 2022-09-30 | 21.75% |
| 2022-06-30 | 18.33% |
| 2022-03-31 | 17.12% |
| 2021-12-31 | 17.10% |
| 2021-09-30 | 16.99% |
| 2021-06-30 | 16.98% |
| 2021-03-31 | 17.25% |
| 2020-12-31 | 17.37% |
| 2020-09-30 | 17.58% |
| 2020-06-30 | 17.70% |
| 2020-03-31 | 16.23% |
| 2019-12-31 | 16.57% |
| 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% |
