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 45.84% is in line with its 5-year average of 44.89%, near the high end of its 5-year range (36.59%–49.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.23% below its 12-month average of 47.86%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 45.84%.
DEBT TO ASSETS RATIO
45.84%
DEBT TO ASSETS RATIO AVG TTM
47.86%
DEBT TO ASSETS RATIO AVG 3Y
45.70%
DEBT TO ASSETS RATIO AVG 5Y
44.89%
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
-4.23%
CURRENT VS 3Y AVG
+0.30%
CURRENT VS 5Y AVG
+2.11%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.24%
median of 386 covered companies
CURRENT VS SECTOR MEDIAN
+18997.94%
vs the sector median at left
EuroDry Ltd.
Market Cap
$168.50M
Debt to Assets Ratio
45.84%
TTM Avg
47.86%
3Y Avg
45.70%
5Y Avg
44.89%
Market Cap
$150.42M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$148.47M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$143.97M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$194.93M
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$138.23M
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EuroDry Ltd. (EDRY) | $168.50M | 45.84% | 47.86% | 45.70% | 44.89% |
| NeoVolta Inc (NEOV)vs › | $159.50M | 0.17% | N/A | N/A | N/A |
| Draganfly Inc. (DPRO)vs › | $180.11M | 0.00% | N/A | N/A | N/A |
| Merlin, Inc. (MRLN)vs › | $151.06M | 0.01% | N/A | N/A | N/A |
| Factorial Energy Inc. (FAC)vs › | $150.42M | 0.06% | N/A | N/A | N/A |
| The Eastern Company (EML)vs › | $148.47M | 0.25% | N/A | N/A | N/A |
| Hurco Companies, Inc. (HURC)vs › | $143.97M | 0.04% | N/A | N/A | N/A |
| Ampco-Pittsburgh Corp. (AP)vs › | $194.93M | 0.29% | N/A | N/A | N/A |
| Capstone Energy+, Inc. (CEPL)vs › | $138.23M | 0.32% | N/A | N/A | N/A |
| AIRO Group Holdings, Inc. Common Stock (AIRO)vs › | $204.40M | 0.01% | N/A | N/A | N/A |
Debt/Assets
45.8%
Debt/Equity
0.97
Current Ratio
1.28
Interest Coverage
-0.2x
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 | 45.84% |
| 2026-03-31 | 47.90% |
| 2025-12-31 | 48.50% |
| 2025-09-30 | 48.05% |
| 2025-06-30 | 49.02% |
| 2025-03-31 | 49.40% |
| 2024-12-31 | 48.78% |
| 2024-09-30 | 43.74% |
| 2024-06-30 | 44.26% |
| 2024-03-31 | 44.31% |
| 2023-12-31 | 44.98% |
| 2023-09-30 | 39.13% |
| 2023-06-30 | 40.18% |
| 2023-03-31 | 36.59% |
| 2022-12-31 | 40.71% |
| 2022-09-30 | 43.25% |
| 2022-06-30 | 40.17% |
| 2022-03-31 | 44.29% |
| 2021-12-31 | 48.75% |
| 2021-09-30 | 46.71% |
| 2021-06-30 | 48.09% |
| 2021-03-31 | 51.51% |
| 2020-12-31 | 47.54% |
| 2020-09-30 | 48.09% |
| 2020-06-30 | 48.46% |
| 2020-03-31 | 48.30% |
| 2019-12-31 | 48.00% |
| 2019-09-30 | 48.77% |
| 2019-06-30 | 49.20% |
| 2019-03-31 | 48.17% |
| 2018-12-31 | 49.61% |
| 2018-09-30 | 44.60% |
| 2018-06-30 | 45.91% |
| 2017-12-31 | 39.33% |
