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 67.22% is 123% above its 5-year average of 30.12%, near the high end of its 5-year range (1.75%–67.22%).
As of the fiscal period ended Sunday, July 5, 2026. 6.48% above its 12-month average of 63.13%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-07-05): 67.22%.
DEBT TO ASSETS RATIO
67.22%
DEBT TO ASSETS RATIO AVG TTM
63.13%
DEBT TO ASSETS RATIO AVG 3Y
46.39%
DEBT TO ASSETS RATIO AVG 5Y
30.12%
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
+6.48%
CURRENT VS 3Y AVG
+44.89%
CURRENT VS 5Y AVG
+123.17%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
+29124.79%
vs the sector median at left
Enovix Corporation
Market Cap
$592.29M
Debt to Assets Ratio
67.22%
TTM Avg
63.13%
3Y Avg
46.39%
5Y Avg
30.12%
Market Cap
$600.03M
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$614.38M
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$554.35M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$553.70M
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$631.59M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$542.91M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$536.08M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$654.80M
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enovix Corporation (ENVX) | $592.29M | 67.22% | 63.13% | 46.39% | 30.12% |
| Titan Machinery Inc. (TITN)vs › | $600.03M | 0.54% | N/A | N/A | N/A |
| Matthews International Corporation (MATW)vs › | $614.38M | 0.42% | N/A | N/A | N/A |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $554.35M | 0.12% | N/A | N/A | N/A |
| Pangaea Logistics Solutions, Ltd. (PANL)vs › | $553.70M | 0.37% | N/A | N/A | N/A |
| Ballard Power Systems Inc. (BLDP)vs › | $631.59M | 0.03% | N/A | N/A | N/A |
| Kelly Services, Inc. (KELYA)vs › | $542.91M | 0.06% | N/A | N/A | N/A |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $536.08M | 0.00% | N/A | N/A | N/A |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $654.80M | 0.14% | N/A | N/A | N/A |
| Hertz Global Holdings, Inc. (HTZ)vs › | $659.60M | 0.88% | N/A | N/A | N/A |
Debt/Assets
67.2%
Debt/Equity
2.56
Current Ratio
9.71
Interest Coverage
-8.2x
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 |
|---|---|
| 2026-07-05 | 67.22% |
| 2026-04-05 | 64.82% |
| 2025-12-28 | 61.38% |
| 2025-09-28 | 59.09% |
| 2025-06-29 | 40.93% |
| 2025-03-30 | 38.51% |
| 2024-12-29 | 36.53% |
| 2024-09-29 | 43.45% |
| 2024-06-30 | 39.61% |
| 2024-03-31 | 37.64% |
| 2023-12-31 | 33.78% |
| 2023-10-01 | 33.76% |
| 2023-07-02 | 32.39% |
| 2023-04-02 | 1.95% |
| 2022-12-31 | 1.87% |
| 2022-10-02 | 1.81% |
| 2022-07-03 | 1.78% |
| 2022-04-03 | 1.75% |
| 2021-12-31 | 1.88% |
| 2021-10-03 | 2.23% |
| 2021-06-30 | 33.30% |
| 2021-03-31 | 13.91% |
| 2020-12-31 | 0.00% |
