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 40.62% is in line with its 5-year average of 43.14%, around the middle of its 5-year range (36.31%–49.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.78% above its 12-month average of 38.04%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
40.62%
DEBT TO ASSETS RATIO AVG TTM
38.04%
DEBT TO ASSETS RATIO AVG 3Y
40.45%
DEBT TO ASSETS RATIO AVG 5Y
43.14%
DEBT TO ASSETS RATIO AVG 10Y
56.85%
DEBT TO ASSETS RATIO AVG 15Y
63.23%
DEBT TO ASSETS RATIO AVG 20Y
64.37%
CURRENT VS TTM AVG
+6.78%
CURRENT VS 3Y AVG
+0.42%
CURRENT VS 5Y AVG
-5.84%
CURRENT VS 10Y AVG
-28.55%
CURRENT VS 15Y AVG
-35.76%
CURRENT VS 20Y AVG
-36.90%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 144 covered companies
CURRENT VS SECTOR MEDIAN
+14406.55%
vs the sector median at left
Casella Waste Systems, Inc.
Market Cap
$5.82B
Debt to Assets Ratio
40.62%
TTM Avg
38.04%
3Y Avg
40.45%
5Y Avg
43.14%
Market Cap
$6.18B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.99B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.81B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Casella Waste Systems, Inc. (CWST) | $5.82B | 40.62% | 38.04% | 40.45% | 43.14% |
| Everus Construction Group, Inc. (ECG)vs › | $6.18B | 0.18% | N/A | N/A | N/A |
| AAON, Inc. (AAON)vs › | $6.40B | 0.25% | N/A | N/A | N/A |
| UniFirst Corporation (UNF)vs › | $5.19B | 0.03% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.99B | 0.34% | N/A | N/A | N/A |
| Matson, Inc. (MATX)vs › | $6.72B | 0.15% | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $6.78B | 0.45% | N/A | N/A | N/A |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.81B | 0.22% | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $4.82B | 0.04% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.81B | 0.42% | N/A | N/A | N/A |
Debt/Assets
40.6%
Debt/Equity
0.91
Current Ratio
0.99
Interest Coverage
1.5x
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 | 40.62% |
| 2026-03-31 | 37.82% |
| 2025-12-31 | 36.32% |
| 2025-09-30 | 37.54% |
| 2025-06-30 | 37.90% |
| 2025-03-31 | 38.05% |
| 2024-12-31 | 36.31% |
| 2024-09-30 | 37.24% |
| 2024-06-30 | 44.45% |
| 2024-03-31 | 45.20% |
| 2023-12-31 | 44.12% |
| 2023-09-30 | 44.97% |
| 2023-06-30 | 45.33% |
| 2023-03-31 | 46.21% |
| 2022-12-31 | 45.43% |
| 2022-09-30 | 46.61% |
| 2022-06-30 | 47.32% |
| 2022-03-31 | 48.65% |
| 2021-12-31 | 48.00% |
| 2021-09-30 | 48.24% |
| 2021-06-30 | 49.54% |
| 2021-03-31 | 51.08% |
| 2020-12-31 | 51.02% |
| 2020-09-30 | 61.87% |
| 2020-06-30 | 63.43% |
| 2020-03-31 | 66.17% |
| 2019-12-31 | 63.66% |
| 2019-09-30 | 65.08% |
| 2019-06-30 | 64.85% |
| 2019-03-31 | 67.01% |
| 2018-12-31 | 74.32% |
| 2018-09-30 | 73.51% |
| 2018-06-30 | 77.22% |
| 2018-03-31 | 79.19% |
| 2017-12-31 | 78.46% |
| 2017-09-30 | 81.77% |
| 2017-06-30 | 85.35% |
| 2017-03-31 | 81.84% |
| 2016-12-31 | 80.54% |
| 2016-09-30 | 78.80% |
| 2016-06-30 | 79.67% |
| 2016-03-31 | 82.96% |
| 2015-12-31 | 80.58% |
| 2015-09-30 | 80.49% |
| 2015-06-30 | 80.34% |
| 2015-03-31 | 83.57% |
| 2014-12-31 | 79.98% |
| 2014-10-31 | 79.15% |
| 2014-07-31 | 77.99% |
| 2014-04-30 | 78.17% |
| 2014-01-31 | 76.44% |
| 2013-10-31 | 75.05% |
| 2013-07-31 | 73.98% |
| 2013-04-30 | 75.23% |
| 2013-01-31 | 73.32% |
| 2012-10-31 | 72.87% |
| 2012-07-31 | 76.30% |
| 2012-04-30 | 75.23% |
| 2012-01-31 | 70.33% |
| 2011-10-31 | 66.70% |
| 2011-07-31 | 67.55% |
| 2011-04-30 | 67.35% |
| 2011-01-31 | 76.22% |
| 2010-10-31 | 75.22% |
| 2010-07-31 | 75.65% |
| 2010-04-30 | 75.57% |
| 2010-01-31 | 76.18% |
| 2009-10-31 | 75.23% |
| 2009-07-31 | 74.85% |
| 2009-04-30 | 74.90% |
| 2009-01-31 | 68.85% |
| 2008-10-31 | 67.25% |
| 2008-07-31 | 66.35% |
| 2008-04-30 | 67.22% |
| 2008-01-31 | 66.71% |
| 2007-10-31 | 66.23% |
| 2007-07-31 | 56.85% |
| 2007-04-30 | 57.56% |
| 2007-01-31 | 56.79% |
| 2006-10-31 | 56.19% |
| 2006-07-31 | 56.17% |
| 2006-04-30 | 56.23% |
| 2006-01-31 | 55.75% |
| 2005-10-31 | 55.80% |
| 2005-07-31 | 53.69% |
| 2005-04-30 | 53.45% |
| 2005-01-31 | 52.76% |
| 2004-10-31 | 53.67% |
| 2004-07-31 | 53.23% |
| 2004-04-30 | 52.74% |
| 2004-01-31 | 51.61% |
| 2003-10-31 | 50.82% |
| 2003-07-31 | 50.94% |
| 2003-04-30 | 51.47% |
| 2003-01-31 | 52.87% |
| 2002-10-31 | 49.56% |