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 47.04% is 18% above its 5-year average of 39.73%, around the middle of its 5-year range (15.43%–61.66%).
As of the fiscal period ended Tuesday, June 30, 2026. 55.61% above its 12-month average of 30.23%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 47.04%.
DEBT TO ASSETS RATIO
47.04%
DEBT TO ASSETS RATIO AVG TTM
30.23%
DEBT TO ASSETS RATIO AVG 3Y
36.49%
DEBT TO ASSETS RATIO AVG 5Y
39.73%
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
+55.61%
CURRENT VS 3Y AVG
+28.89%
CURRENT VS 5Y AVG
+18.38%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+26030.57%
vs the sector median at left
Market Cap
$4.31B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.02B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dave Inc. (DAVE) | $4.31B | 47.04% | 30.23% | 36.49% | 39.73% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.31B | 0.19% | N/A | N/A | N/A |
| Clear Secure, Inc. (YOU)vs › | $4.25B | 0.07% | N/A | N/A | N/A |
| Box, Inc. (BOX)vs › | $4.63B | 0.05% | N/A | N/A | N/A |
| Dlocal Limited (DLO)vs › | $4.03B | 0.03% | N/A | N/A | N/A |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.02B | 0.03% | N/A | N/A | N/A |
| Itron, Inc. (ITRI)vs › | $3.89B | 0.04% | N/A | N/A | N/A |
| Klaviyo, Inc. (KVYO)vs › | $4.78B | 0.08% | N/A | N/A | N/A |
| AXT, Inc. (AXTI)vs › | $3.86B | 0.08% | N/A | N/A | N/A |
| Wix.com Ltd. (WIX)vs › | $3.80B | 1.10% | N/A | N/A | N/A |
Debt/Assets
47.0%
Debt/Equity
1.29
Current Ratio
4.22
Interest Coverage
26.5x
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 | 47.04% |
| 2026-03-31 | 50.55% |
| 2025-12-31 | 15.43% |
| 2025-09-30 | 17.38% |
| 2025-06-30 | 20.73% |
| 2025-03-31 | 23.91% |
| 2024-12-31 | 25.24% |
| 2024-09-30 | 27.78% |
| 2024-06-30 | 30.63% |
| 2024-03-31 | 32.16% |
| 2023-12-31 | 61.66% |
| 2023-09-30 | 61.22% |
| 2023-06-30 | 60.66% |
| 2023-03-31 | 58.55% |
| 2022-12-31 | 55.41% |
| 2022-09-30 | 50.10% |
| 2022-06-30 | 44.00% |
| 2022-03-31 | 40.58% |
| 2021-12-31 | 50.03% |
| 2021-09-30 | 36.39% |
| 2021-06-30 | 24.95% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 7.99% |
