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 0.00% is 100% below its 5-year average of 0.51%, near the low end of its 5-year range (0.00%–1.26%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.00%.
DEBT TO ASSETS RATIO
0.00%
DEBT TO ASSETS RATIO AVG TTM
0.00%
DEBT TO ASSETS RATIO AVG 3Y
0.42%
DEBT TO ASSETS RATIO AVG 5Y
0.51%
DEBT TO ASSETS RATIO AVG 10Y
0.42%
DEBT TO ASSETS RATIO AVG 15Y
0.20%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-100.00%
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
-100.00%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.09%
median of 873 covered companies
CURRENT VS SECTOR MEDIAN
-100.00%
vs the sector median at left
Edesa Biotech, Inc.
Market Cap
$35.84M
Debt to Assets Ratio
0.00%
TTM Avg
0.00%
3Y Avg
0.42%
5Y Avg
0.51%
Market Cap
$35.84M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.52M
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.21M
Debt to Assets Ratio
1.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$34.97M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.93M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.63M
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edesa Biotech, Inc. (EDSA) | $35.84M | 0.00% | 0.00% | 0.42% | 0.51% |
| Elicio Therapeutics, Inc. (ELTX)vs › | $35.84M | 0.45% | N/A | N/A | N/A |
| DocGo Inc. (DCGO)vs › | $35.76M | 0.14% | N/A | N/A | N/A |
| QT Imaging Holdings, Inc. (QTI)vs › | $35.52M | 0.14% | N/A | N/A | N/A |
| EUDA Health Holdings Limited (EUDA)vs › | $36.21M | 1.40% | N/A | N/A | N/A |
| BriaCell Therapeutics Corp. (BCTX)vs › | $34.97M | 0.00% | N/A | N/A | N/A |
| Elutia Inc (ELUT)vs › | $34.35M | 0.25% | N/A | N/A | N/A |
| Incannex Healthcare Limited (IXHL)vs › | $37.93M | 0.00% | N/A | N/A | N/A |
| Scilex Holding Company (SCLX)vs › | $33.63M | 0.38% | N/A | N/A | N/A |
| Grace Therapeutics, Inc. (GRCE)vs › | $33.61M | 0.00% | N/A | N/A | N/A |
Debt/Assets
0.0%
Debt/Equity
0.00
Current Ratio
2.76
Interest Coverage
N/A
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 | 0.00% |
| 2026-03-31 | 0.00% |
| 2025-12-31 | 0.00% |
| 2025-09-30 | 0.00% |
| 2025-06-30 | 0.00% |
| 2025-03-31 | 0.00% |
| 2024-12-31 | 0.00% |
| 2024-09-30 | 0.52% |
| 2024-06-30 | 0.74% |
| 2024-03-31 | 0.90% |
| 2023-12-31 | 1.00% |
| 2023-09-30 | 1.04% |
| 2023-06-30 | 1.22% |
| 2023-03-31 | 1.22% |
| 2022-12-31 | 1.26% |
| 2022-09-30 | 0.16% |
| 2022-06-30 | 0.23% |
| 2022-03-31 | 0.30% |
| 2021-12-31 | 0.65% |
| 2021-09-30 | 0.68% |
| 2021-06-30 | 0.72% |
| 2021-03-31 | 0.58% |
| 2020-12-31 | 1.50% |
| 2020-09-30 | 1.53% |
| 2020-06-30 | 1.98% |
| 2020-03-31 | 2.43% |
| 2019-12-31 | 4.29% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-08-31 | 0.00% |
| 2014-05-31 | 0.00% |
| 2014-02-28 | 0.00% |
| 2013-11-30 | 0.00% |
| 2013-08-31 | 0.00% |
| 2013-05-31 | 0.00% |
| 2013-02-28 | 0.00% |
| 2012-11-30 | 0.00% |
| 2012-08-31 | 0.00% |
| 2012-05-31 | 0.00% |
| 2012-02-29 | 0.00% |
| 2011-11-30 | 0.00% |
| 2011-08-31 | 0.00% |
| 2011-05-31 | 0.00% |
| 2011-02-28 | 0.00% |
| 2010-11-30 | 0.00% |
| 2010-08-31 | 0.00% |
| 2010-05-31 | 0.00% |
| 2010-01-31 | 0.00% |
| 2009-10-31 | 0.00% |
| 2009-04-30 | 0.00% |
