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 36.23% is 115% above its 5-year average of 16.82%, near the high end of its 5-year range (6.83%–36.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.54% above its 12-month average of 30.57%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 36.23%.
DEBT TO ASSETS RATIO
36.23%
DEBT TO ASSETS RATIO AVG TTM
30.57%
DEBT TO ASSETS RATIO AVG 3Y
21.26%
DEBT TO ASSETS RATIO AVG 5Y
16.82%
DEBT TO ASSETS RATIO AVG 10Y
8.02%
DEBT TO ASSETS RATIO AVG 15Y
7.77%
DEBT TO ASSETS RATIO AVG 20Y
9.92%
CURRENT VS TTM AVG
+18.54%
CURRENT VS 3Y AVG
+70.40%
CURRENT VS 5Y AVG
+115.44%
CURRENT VS 10Y AVG
+351.62%
CURRENT VS 15Y AVG
+366.19%
CURRENT VS 20Y AVG
+265.10%
SECTOR MEDIAN · ENERGY
0.21%
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+17154.20%
vs the sector median at left
Dawson Geophysical Company
Market Cap
$88.66M
Debt to Assets Ratio
36.23%
TTM Avg
30.57%
3Y Avg
21.26%
5Y Avg
16.82%
Market Cap
$83.98M
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$81.77M
Debt to Assets Ratio
0.90%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.63M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.13M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$64.00M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.47M
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 |
|---|---|---|---|---|---|
| Dawson Geophysical Company (DWSN) | $88.66M | 36.23% | 30.57% | 21.26% | 16.82% |
| Drilling Tools International Corp. (DTI)vs › | $83.98M | 0.35% | N/A | N/A | N/A |
| Martin Midstream Partners L.P. (MMLP)vs › | $81.77M | 0.90% | N/A | N/A | N/A |
| Leishen Energy Holding Co., Ltd. (LSE)vs › | $77.63M | 0.05% | N/A | N/A | N/A |
| Big Sky Industrial Inc. (BSIN)vs › | $76.13M | 0.09% | N/A | N/A | N/A |
| AleAnna, Inc. (ANNA)vs › | $111.77M | 0.00% | N/A | N/A | N/A |
| Anfield Energy Inc. Common Shares (AEC)vs › | $64.00M | 0.15% | N/A | N/A | N/A |
| Geospace Technologies Corporation (GEOS)vs › | $60.47M | 0.01% | N/A | N/A | N/A |
| DMC Global Inc. (BOOM)vs › | $121.70M | 0.09% | N/A | N/A | N/A |
| Greenland Energy Company Common Stock (GLND)vs › | $142.34M | 0.00% | N/A | N/A | N/A |
Debt/Assets
36.2%
Debt/Equity
1.00
Current Ratio
0.87
Interest Coverage
-3.1x
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 | 36.23% |
| 2026-03-31 | 34.13% |
| 2025-12-31 | 36.89% |
| 2025-09-30 | 33.29% |
| 2025-06-30 | 12.28% |
| 2025-03-31 | 19.90% |
| 2024-12-31 | 18.72% |
| 2024-09-30 | 16.11% |
| 2024-06-30 | 12.38% |
| 2024-03-31 | 10.20% |
| 2023-12-31 | 10.71% |
| 2023-09-30 | 10.39% |
| 2023-06-30 | 25.21% |
| 2023-03-31 | 23.16% |
| 2022-12-31 | 7.18% |
| 2022-09-30 | 8.25% |
| 2022-06-30 | 8.78% |
| 2022-03-31 | 8.57% |
| 2021-12-31 | 7.04% |
| 2021-09-30 | 6.93% |
| 2021-06-30 | 6.83% |
| 2021-03-31 | 6.58% |
| 2020-12-31 | 5.95% |
| 2020-09-30 | 5.96% |
| 2020-06-30 | 6.64% |
| 2020-03-31 | 7.57% |
| 2019-12-31 | 9.72% |
| 2019-09-30 | 7.60% |
| 2019-06-30 | 12.05% |
| 2019-03-31 | 12.49% |
| 2018-12-31 | 8.48% |
| 2018-09-30 | 7.74% |
| 2018-06-30 | 4.14% |
| 2018-03-31 | 4.39% |
| 2017-12-31 | 4.76% |
| 2017-09-30 | 5.02% |
| 2017-06-30 | 0.47% |
| 2017-03-31 | 0.84% |
| 2016-12-31 | 1.26% |
| 2016-09-30 | 2.02% |
| 2016-06-30 | 2.87% |
| 2016-03-31 | 3.60% |
| 2015-12-31 | 4.31% |
| 2015-09-30 | 4.68% |
| 2015-06-30 | 5.62% |
| 2015-03-31 | 6.48% |
| 2014-12-31 | 4.14% |
| 2014-09-30 | 6.96% |
| 2014-06-30 | 3.18% |
| 2014-03-31 | 4.71% |
| 2013-12-31 | 7.51% |
| 2013-09-30 | 8.33% |
| 2013-06-30 | 9.58% |
| 2013-03-31 | 9.96% |
| 2012-12-31 | 11.47% |
| 2012-09-30 | 10.10% |
| 2012-06-30 | 11.32% |
| 2012-03-31 | 14.49% |
| 2011-12-31 | 6.96% |
| 2011-09-30 | 8.20% |
| 2011-06-30 | 5.04% |
| 2011-03-31 | 5.16% |
| 2010-12-31 | 15.31% |
| 2010-09-30 | 15.26% |
| 2010-06-30 | 14.83% |
| 2010-03-31 | 6.31% |
| 2009-12-31 | 15.92% |
| 2009-09-30 | 9.22% |
| 2009-06-30 | 10.29% |
| 2009-03-31 | 18.32% |
| 2008-12-31 | 20.54% |
| 2008-09-30 | 21.94% |
| 2008-06-30 | 17.56% |
| 2008-03-31 | 17.57% |
| 2007-12-31 | 13.55% |
| 2007-09-30 | 10.19% |
| 2007-06-30 | 12.64% |
| 2007-03-31 | 11.60% |
| 2006-12-31 | 13.79% |
| 2006-09-30 | 17.00% |
| 2006-06-30 | 21.34% |
| 2006-03-31 | 21.67% |
| 2005-12-31 | 25.28% |
| 2005-09-30 | 37.28% |
| 2005-06-30 | 34.42% |
| 2005-03-31 | 27.95% |
| 2004-12-31 | 32.06% |
| 2004-09-30 | 5.59% |
| 2004-06-30 | 7.49% |
| 2004-03-31 | 5.44% |
| 2003-12-31 | 10.66% |
| 2003-09-30 | 8.00% |
| 2003-06-30 | 7.59% |
| 2003-03-31 | 7.15% |
| 2002-12-31 | 13.21% |
| 2002-09-30 | 10.04% |