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 12.34% is 41% above its 5-year average of 8.75%, near the high end of its 5-year range (3.13%–12.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 26.70% above its 12-month average of 9.74%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 12.34%.
DEBT TO ASSETS RATIO
12.34%
DEBT TO ASSETS RATIO AVG TTM
9.74%
DEBT TO ASSETS RATIO AVG 3Y
10.26%
DEBT TO ASSETS RATIO AVG 5Y
8.75%
DEBT TO ASSETS RATIO AVG 10Y
7.44%
DEBT TO ASSETS RATIO AVG 15Y
6.66%
DEBT TO ASSETS RATIO AVG 20Y
7.38%
CURRENT VS TTM AVG
+26.70%
CURRENT VS 3Y AVG
+20.36%
CURRENT VS 5Y AVG
+41.04%
CURRENT VS 10Y AVG
+65.91%
CURRENT VS 15Y AVG
+85.29%
CURRENT VS 20Y AVG
+67.16%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 511 covered companies
CURRENT VS SECTOR MEDIAN
+24587.32%
vs the sector median at left
Citizens Financial Services, Inc.
Market Cap
$381.94M
Debt to Assets Ratio
12.34%
TTM Avg
9.74%
3Y Avg
10.26%
5Y Avg
8.75%
Market Cap
$384.34M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$380.90M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$389.47M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$389.92M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$392.32M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$372.05M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$396.75M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$397.15M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Citizens Financial Services, Inc. (CZFS) | $381.94M | 12.34% | 9.74% | 10.26% | 8.75% |
| MVB Financial Corp. (MVBF)vs › | $384.34M | 0.02% | N/A | N/A | N/A |
| The First Bancorp, Inc. (FNLC)vs › | $380.90M | 0.07% | N/A | N/A | N/A |
| Primis Financial Corp (FRST)vs › | $389.47M | 0.10% | N/A | N/A | N/A |
| Centurion Acquisition Corp. (ALF)vs › | $389.92M | 0.00% | N/A | N/A | N/A |
| Berto Acquisition Corp. II (GUAC)vs › | $392.32M | N/A | N/A | N/A | N/A |
| Northeast Community Bancorp, Inc. (NECB)vs › | $372.05M | 0.09% | N/A | N/A | N/A |
| GP-Act III Acquisition Corp. (GPAT)vs › | $396.75M | 0.01% | N/A | N/A | N/A |
| Chemung Financial Corporation (CHMG)vs › | $397.15M | 0.05% | N/A | N/A | N/A |
| GSR V Acquisition Corp. (GSRV)vs › | $367.81M | N/A | N/A | N/A | N/A |
Debt/Assets
12.3%
Debt/Equity
1.12
Current ratio and interest coverage is unavailable for Citizens Financial Services, Inc.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 12.34% |
| 2026-03-31 | 6.57% |
| 2025-12-31 | 10.10% |
| 2025-09-30 | 9.15% |
| 2025-06-30 | 10.56% |
| 2025-03-31 | 10.01% |
| 2024-12-31 | 9.84% |
| 2024-09-30 | 7.66% |
| 2024-06-30 | 11.36% |
| 2024-03-31 | 9.71% |
| 2023-12-31 | 10.15% |
| 2023-09-30 | 10.68% |
| 2023-06-30 | 11.00% |
| 2023-03-31 | 12.33% |
| 2022-12-31 | 11.03% |
| 2022-09-30 | 11.02% |
| 2022-06-30 | 5.00% |
| 2022-03-31 | 3.13% |
| 2021-12-31 | 3.45% |
| 2021-09-30 | 3.82% |
| 2021-06-30 | 4.88% |
| 2021-03-31 | 4.32% |
| 2020-12-31 | 4.70% |
| 2020-09-30 | 5.36% |
| 2020-06-30 | 4.73% |
| 2020-03-31 | 5.71% |
| 2019-12-31 | 5.80% |
| 2019-10-31 | 7.45% |
| 2019-06-30 | 6.98% |
| 2019-03-31 | 7.48% |
| 2018-12-31 | 6.37% |
| 2018-09-30 | 6.12% |
| 2018-06-30 | 9.56% |
| 2018-03-31 | 8.98% |
| 2017-12-31 | 8.42% |
| 2017-09-30 | 5.80% |
| 2017-06-30 | 5.53% |
| 2017-03-31 | 3.82% |
| 2016-12-31 | 6.51% |
| 2016-09-30 | 4.33% |
| 2016-06-30 | 3.29% |
| 2016-03-31 | 3.35% |
| 2015-12-31 | 3.58% |
| 2015-09-30 | 4.68% |
| 2015-06-30 | 4.16% |
| 2015-03-31 | 3.16% |
| 2014-12-31 | 4.52% |
| 2014-09-30 | 4.13% |
| 2014-06-30 | 4.71% |
| 2014-03-31 | 5.07% |
| 2013-12-31 | 7.32% |
| 2013-09-30 | 4.80% |
| 2013-06-30 | 3.87% |
| 2013-03-31 | 5.16% |
| 2012-12-31 | 5.23% |
| 2012-09-30 | 5.47% |
| 2012-06-30 | 5.34% |
| 2012-03-31 | 8.00% |
| 2011-12-31 | 6.13% |
| 2011-09-30 | 6.15% |
| 2011-06-30 | 6.50% |
| 2011-03-31 | 6.80% |
| 2010-12-31 | 6.89% |
| 2010-09-30 | 7.15% |
| 2010-06-30 | 6.82% |
| 2010-05-10 | 7.13% |
| 2009-12-31 | 7.42% |
| 2009-09-30 | 8.17% |
| 2009-06-30 | 8.40% |
| 2009-03-31 | 8.41% |
| 2008-12-31 | 9.15% |
| 2008-09-30 | 8.48% |
| 2008-06-30 | 9.98% |
| 2008-03-31 | 13.99% |
| 2007-12-31 | 13.59% |
| 2007-09-30 | 11.40% |
| 2007-06-30 | 10.73% |
| 2007-03-31 | 10.36% |
| 2006-12-31 | 13.24% |
| 2006-09-30 | 11.47% |
| 2006-06-30 | 12.18% |
| 2006-03-31 | 12.41% |
| 2005-12-31 | 15.54% |
| 2005-09-30 | 6.44% |
| 2005-06-30 | 7.73% |
| 2005-03-31 | 9.55% |
| 2004-12-31 | 7.00% |
| 2004-09-30 | 8.79% |
| 2004-06-30 | 7.54% |
| 2004-03-31 | 7.24% |
| 2003-12-31 | 7.61% |
| 2003-09-30 | 3.89% |
| 2003-06-30 | 2.66% |
| 2003-03-31 | 5.17% |
| 2002-12-31 | 3.94% |
| 2002-09-30 | 3.65% |
