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 34.64% is 42% below its 5-year average of 59.87%, near the low end of its 5-year range (29.00%–113.31%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.96% above its 12-month average of 33.98%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 34.64%.
DEBT TO ASSETS RATIO
34.64%
DEBT TO ASSETS RATIO AVG TTM
33.98%
DEBT TO ASSETS RATIO AVG 3Y
43.59%
DEBT TO ASSETS RATIO AVG 5Y
59.87%
DEBT TO ASSETS RATIO AVG 10Y
73.62%
DEBT TO ASSETS RATIO AVG 15Y
58.67%
DEBT TO ASSETS RATIO AVG 20Y
40.57%
CURRENT VS TTM AVG
+1.96%
CURRENT VS 3Y AVG
-20.54%
CURRENT VS 5Y AVG
-42.14%
CURRENT VS 10Y AVG
-52.95%
CURRENT VS 15Y AVG
-40.96%
CURRENT VS 20Y AVG
-14.61%
SECTOR MEDIAN · INDUSTRIALS
0.25%
median of 321 covered companies
CURRENT VS SECTOR MEDIAN
+13756.45%
vs the sector median at left
Electrovaya Inc.
Market Cap
$314.87M
Debt to Assets Ratio
34.64%
TTM Avg
33.98%
3Y Avg
43.59%
5Y Avg
59.87%
Market Cap
$315.90M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$320.22M
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$324.29M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$296.02M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$295.54M
Debt to Assets Ratio
0.72%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$342.25M
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$278.42M
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electrovaya Inc. (ELVA) | $314.87M | 34.64% | 33.98% | 43.59% | 59.87% |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $315.90M | 0.00% | N/A | N/A | N/A |
| FTAI Infrastructure Inc. (FIP)vs › | $320.22M | 0.50% | N/A | N/A | N/A |
| Deep Fission, Inc. (FISN)vs › | $324.29M | 0.00% | N/A | N/A | N/A |
| American Battery Technology Company Common Stock (ABAT)vs › | $296.02M | 0.00% | N/A | N/A | N/A |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $295.54M | 0.72% | N/A | N/A | N/A |
| StealthGas Inc. (GASS)vs › | $339.88M | 0.00% | N/A | N/A | N/A |
| Innovative Aerosystems, Inc. (IA)vs › | $342.25M | 0.37% | N/A | N/A | N/A |
| Information Services Group, Inc. (III)vs › | $278.42M | 0.33% | N/A | N/A | N/A |
| Energy Recovery, Inc. (ERII)vs › | $352.05M | 0.04% | N/A | N/A | N/A |
Debt/Assets
34.6%
Debt/Equity
0.61
Current Ratio
7.53
Interest Coverage
2.1x
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 | 34.64% |
| 2026-03-31 | 32.32% |
| 2025-12-31 | 29.00% |
| 2025-09-30 | 35.29% |
| 2025-06-30 | 38.64% |
| 2025-03-31 | 33.19% |
| 2024-12-31 | 38.55% |
| 2024-09-30 | 52.62% |
| 2024-06-30 | 54.42% |
| 2024-03-31 | 54.78% |
| 2023-12-31 | 53.71% |
| 2023-09-30 | 52.12% |
| 2023-06-30 | 57.45% |
| 2023-03-31 | 66.01% |
| 2022-12-31 | 58.73% |
| 2022-09-30 | 104.15% |
| 2022-06-30 | 113.31% |
| 2022-03-31 | 96.86% |
| 2021-12-31 | 95.92% |
| 2021-09-30 | 77.00% |
| 2021-06-30 | 78.60% |
| 2021-03-31 | 73.78% |
| 2020-12-31 | 115.91% |
| 2020-09-30 | 120.40% |
| 2020-06-30 | 139.95% |
| 2020-03-31 | 250.99% |
| 2019-12-31 | 474.78% |
| 2019-09-30 | 614.08% |
| 2019-06-30 | 603.79% |
| 2019-03-31 | 448.20% |
| 2018-12-31 | 326.42% |
| 2018-09-30 | 169.39% |
| 2018-06-30 | 160.57% |
| 2018-03-31 | 144.49% |
| 2017-12-31 | 100.99% |
| 2017-09-30 | 71.07% |
| 2017-06-30 | 67.54% |
| 2017-03-31 | 64.24% |
| 2016-12-31 | 44.78% |
| 2016-09-30 | 25.93% |
| 2016-06-30 | 20.43% |
| 2016-03-31 | 23.48% |
| 2015-12-31 | 23.38% |
| 2015-09-30 | 28.67% |
| 2015-06-30 | 27.53% |
| 2015-03-31 | 51.26% |
| 2014-12-31 | 46.75% |
| 2014-09-30 | 46.79% |
| 2014-06-30 | 40.79% |
| 2014-03-31 | 46.63% |
| 2013-12-31 | 38.82% |
| 2013-09-30 | 34.29% |
| 2013-06-30 | 32.81% |
| 2013-03-31 | 33.05% |
| 2012-12-31 | 29.45% |
| 2012-09-30 | 25.55% |
| 2012-06-30 | 25.49% |
| 2012-03-31 | 24.67% |
| 2011-12-31 | 21.92% |
| 2011-09-30 | 21.42% |
| 2011-06-30 | 27.38% |
| 2011-03-31 | 26.04% |
| 2010-12-31 | 27.56% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 1.46% |
| 2008-03-31 | 1.55% |
| 2007-12-31 | 1.61% |
| 2007-09-30 | 1.56% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 1.56% |
| 2006-12-31 | 1.55% |
| 2006-09-30 | 1.61% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
