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 45.37% is in line with its 5-year average of 44.83%, near the high end of its 5-year range (28.54%–50.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.71% below its 12-month average of 48.63%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 45.37%.
DEBT TO ASSETS RATIO
45.37%
DEBT TO ASSETS RATIO AVG TTM
48.63%
DEBT TO ASSETS RATIO AVG 3Y
44.68%
DEBT TO ASSETS RATIO AVG 5Y
44.83%
DEBT TO ASSETS RATIO AVG 10Y
44.86%
DEBT TO ASSETS RATIO AVG 15Y
44.70%
DEBT TO ASSETS RATIO AVG 20Y
43.77%
CURRENT VS TTM AVG
-6.71%
CURRENT VS 3Y AVG
+1.54%
CURRENT VS 5Y AVG
+1.20%
CURRENT VS 10Y AVG
+1.14%
CURRENT VS 15Y AVG
+1.51%
CURRENT VS 20Y AVG
+3.64%
SECTOR MEDIAN · ENERGY
0.24%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+18803.79%
vs the sector median at left
Canadian Solar Inc.
Market Cap
$767.65M
Debt to Assets Ratio
45.37%
TTM Avg
48.63%
3Y Avg
44.68%
5Y Avg
44.83%
Market Cap
$614.14M
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.37B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.45B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.00B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.86B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Solar Inc. (CSIQ) | $767.65M | 45.37% | 48.63% | 44.68% | 44.83% |
| Array Technologies, Inc. (ARRY)vs › | $614.14M | 0.49% | N/A | N/A | N/A |
| Star Group, L.P. (SGU)vs › | $424.54M | 0.27% | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $197.14M | 0.27% | N/A | N/A | N/A |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.37B | 0.01% | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.45B | 0.04% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.00B | 0.17% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $2.65B | 0.47% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $3.86B | 0.30% | N/A | N/A | N/A |
| Oceaneering International, Inc. (OII)vs › | $4.42B | 0.31% | N/A | N/A | N/A |
Debt/Assets
45.4%
Debt/Equity
2.65
Current Ratio
1.02
Interest Coverage
0.2x
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 | 45.37% |
| 2026-03-31 | 50.25% |
| 2025-12-31 | 50.62% |
| 2025-09-30 | 48.82% |
| 2025-06-30 | 48.11% |
| 2025-03-31 | 46.68% |
| 2024-12-31 | 43.75% |
| 2024-09-30 | 43.34% |
| 2024-06-30 | 40.63% |
| 2024-03-31 | 41.85% |
| 2023-12-31 | 37.62% |
| 2023-09-30 | 39.78% |
| 2023-06-30 | 44.02% |
| 2023-03-31 | 46.33% |
| 2022-12-31 | 28.54% |
| 2022-09-30 | 45.96% |
| 2022-06-30 | 47.39% |
| 2022-03-31 | 47.29% |
| 2021-12-31 | 44.82% |
| 2021-09-30 | 41.83% |
| 2021-06-30 | 42.15% |
| 2021-03-31 | 43.48% |
| 2020-12-31 | 44.23% |
| 2020-09-30 | 46.25% |
| 2020-06-30 | 44.81% |
| 2020-03-31 | 43.22% |
| 2019-12-31 | 45.72% |
| 2019-09-30 | 44.44% |
| 2019-06-30 | 43.29% |
| 2019-03-31 | 44.88% |
| 2018-12-31 | 44.65% |
| 2018-09-30 | 40.84% |
| 2018-06-30 | 45.23% |
| 2018-03-31 | 43.63% |
| 2017-12-31 | 42.25% |
| 2017-09-30 | 42.73% |
| 2017-06-30 | 44.15% |
| 2017-03-31 | 45.12% |
| 2016-12-31 | 45.02% |
| 2016-09-30 | 47.43% |
| 2016-06-30 | 49.01% |
| 2016-03-31 | 47.83% |
| 2015-12-31 | 43.31% |
| 2015-09-30 | 54.15% |
| 2015-06-30 | 38.89% |
| 2015-03-31 | 34.87% |
| 2014-12-31 | 32.87% |
| 2014-09-30 | 35.00% |
| 2014-06-30 | 39.23% |
| 2014-03-31 | 39.87% |
| 2013-12-31 | 37.90% |
| 2013-09-30 | 50.71% |
| 2013-06-30 | 47.28% |
| 2013-03-31 | 50.58% |
| 2012-12-31 | 47.51% |
| 2012-09-30 | 48.16% |
| 2012-06-30 | 45.35% |
| 2012-03-31 | 47.77% |
| 2011-12-31 | 51.31% |
| 2011-09-30 | 45.65% |
| 2011-06-30 | 58.49% |
| 2011-03-31 | 49.69% |
| 2010-12-31 | 43.62% |
| 2010-09-30 | 48.25% |
| 2010-06-30 | 50.02% |
| 2010-03-31 | 45.00% |
| 2009-12-31 | 37.27% |
| 2009-09-30 | 37.33% |
| 2009-06-30 | 39.19% |
| 2009-03-31 | 38.66% |
| 2008-12-31 | 27.51% |
| 2008-09-30 | 28.12% |
| 2008-06-30 | 29.31% |
| 2008-03-31 | 45.13% |
| 2007-12-31 | 46.83% |
| 2007-09-30 | 29.13% |
| 2007-06-30 | 22.03% |
| 2007-03-31 | 7.97% |
| 2006-12-31 | 2.55% |
| 2006-09-30 | 34.99% |
| 2006-06-30 | 40.22% |
| 2005-12-31 | 34.53% |
| 2004-12-31 | 0.00% |
