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 8.04% is 70% below its 2-year average of 27.00%, near the low end of its 2-year range (8.04%–41.27%).
As of the fiscal period ended Friday, July 3, 2026. 67.75% below its 12-month average of 24.91%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 8.04%.
DEBT TO ASSETS RATIO
8.04%
DEBT TO ASSETS RATIO AVG TTM
24.91%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
-67.75%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.26%
median of 322 covered companies
CURRENT VS SECTOR MEDIAN
+3051.43%
vs the sector median at left
Elmet Group Co.
Market Cap
$638.27M
Debt to Assets Ratio
8.04%
TTM Avg
24.91%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$621.04M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$582.47M
Debt to Assets Ratio
0.67%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$696.97M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$565.16M
Debt to Assets Ratio
0.88%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$748.63M
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$755.81M
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$767.00M
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 |
|---|---|---|---|---|---|
| Elmet Group Co. (ELMT) | $638.27M | 8.04% | 24.91% | N/A | N/A |
| Ballard Power Systems Inc. (BLDP)vs › | $621.04M | 0.03% | N/A | N/A | N/A |
| Enovix Corporation (ENVX)vs › | $582.47M | 0.67% | N/A | N/A | N/A |
| Cass Information Systems, Inc. (CASS)vs › | $696.97M | 0.03% | N/A | N/A | N/A |
| Hertz Global Holdings, Inc. (HTZ)vs › | $565.16M | 0.88% | N/A | N/A | N/A |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.63M | 0.46% | N/A | N/A | N/A |
| ADS-TEC Energy PLC (ADSE)vs › | $755.81M | 0.23% | N/A | N/A | N/A |
| Euroseas Ltd. (ESEA)vs › | $515.40M | 0.27% | N/A | N/A | N/A |
| Barrett Business Services, Inc. (BBSI)vs › | $767.00M | 0.03% | N/A | N/A | N/A |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $495.37M | 0.49% | N/A | N/A | N/A |
Debt/Assets
8.0%
Debt/Equity
0.12
Current Ratio
3.03
Interest Coverage
2.7x
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 |
|---|---|
| 2026-07-03 | 8.04% |
| 2026-04-03 | 32.74% |
| 2025-12-31 | 17.61% |
| 2025-09-30 | 41.27% |
| 2024-12-31 | 35.32% |
