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 34.74% is 16% above its 5-year average of 30.01%, around the middle of its 5-year range (0.00%–55.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.10% above its 12-month average of 34.02%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 34.74%.
DEBT TO ASSETS RATIO
34.74%
DEBT TO ASSETS RATIO AVG TTM
34.02%
DEBT TO ASSETS RATIO AVG 3Y
28.24%
DEBT TO ASSETS RATIO AVG 5Y
30.01%
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
+2.10%
CURRENT VS 3Y AVG
+23.02%
CURRENT VS 5Y AVG
+15.76%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.20%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+17269.45%
vs the sector median at left
Drilling Tools International Corp.
Market Cap
$82.93M
Debt to Assets Ratio
34.74%
TTM Avg
34.02%
3Y Avg
28.24%
5Y Avg
30.01%
Market Cap
$86.02M
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.39M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$62.73M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$61.44M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Drilling Tools International Corp. (DTI) | $82.93M | 34.74% | 34.02% | 28.24% | 30.01% |
| Dawson Geophysical Company (DWSN)vs › | $86.02M | 0.36% | N/A | N/A | N/A |
| Big Sky Industrial Inc. (BSIN)vs › | $76.39M | 0.09% | N/A | N/A | N/A |
| Anfield Energy Inc. Common Shares (AEC)vs › | $62.73M | 0.15% | N/A | N/A | N/A |
| Geospace Technologies Corporation (GEOS)vs › | $61.44M | 0.01% | N/A | N/A | N/A |
| AleAnna, Inc. (ANNA)vs › | $110.13M | 0.00% | N/A | N/A | N/A |
| DMC Global Inc. (BOOM)vs › | $119.96M | 0.09% | N/A | N/A | N/A |
| FTC Solar, Inc. (FTCI)vs › | $31.05M | 0.25% | N/A | N/A | N/A |
| Beam Global (BEEM)vs › | $24.64M | 0.05% | N/A | N/A | N/A |
| Ascent Solar Technologies, Inc. Common Stock (ASTI)vs › | $23.28M | 0.06% | N/A | N/A | N/A |
Debt/Assets
34.7%
Debt/Equity
0.66
Current Ratio
2.18
Interest Coverage
1.7x
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 | 34.74% |
| 2026-03-31 | 34.14% |
| 2025-12-31 | 32.25% |
| 2025-09-30 | 34.20% |
| 2025-06-30 | 34.80% |
| 2025-03-31 | 33.78% |
| 2024-12-31 | 34.48% |
| 2024-09-30 | 31.10% |
| 2024-06-30 | 27.63% |
| 2024-03-31 | 25.98% |
| 2023-12-31 | 14.23% |
| 2023-09-30 | 14.98% |
| 2023-06-30 | 14.79% |
| 2023-03-31 | 28.10% |
| 2022-12-31 | 36.45% |
| 2022-09-30 | 39.13% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 39.37% |
| 2021-09-30 | 55.64% |
