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 13.50% is 16% above its 5-year average of 11.67%, around the middle of its 5-year range (6.36%–21.74%).
As of the fiscal period ended Tuesday, June 30, 2026. 64.87% above its 12-month average of 8.19%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 13.50%.
DEBT TO ASSETS RATIO
13.50%
DEBT TO ASSETS RATIO AVG TTM
8.19%
DEBT TO ASSETS RATIO AVG 3Y
9.16%
DEBT TO ASSETS RATIO AVG 5Y
11.67%
DEBT TO ASSETS RATIO AVG 10Y
12.51%
DEBT TO ASSETS RATIO AVG 15Y
9.36%
DEBT TO ASSETS RATIO AVG 20Y
8.84%
CURRENT VS TTM AVG
+64.87%
CURRENT VS 3Y AVG
+47.33%
CURRENT VS 5Y AVG
+15.69%
CURRENT VS 10Y AVG
+7.89%
CURRENT VS 15Y AVG
+44.15%
CURRENT VS 20Y AVG
+52.66%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 541 covered companies
CURRENT VS SECTOR MEDIAN
+26894.13%
vs the sector median at left
First Business Financial Services, Inc.
Market Cap
$596.47M
Debt to Assets Ratio
13.50%
TTM Avg
8.19%
3Y Avg
9.16%
5Y Avg
11.67%
Market Cap
$590.78M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$586.53M
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$584.96M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$609.33M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$610.68M
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$616.64M
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$618.42M
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$619.67M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Business Financial Services, Inc. (FBIZ) | $596.47M | 13.50% | 8.19% | 9.16% | 11.67% |
| Greene County Bancorp, Inc. (GCBC)vs › | $590.78M | 0.05% | N/A | N/A | N/A |
| Gemini Space Station, Inc. (GEMI)vs › | $586.53M | 0.35% | N/A | N/A | N/A |
| Kearny Financial Corp. (KRNY)vs › | $584.96M | 0.15% | N/A | N/A | N/A |
| Chaince Digital Holdings Inc. (CD)vs › | $609.33M | 0.02% | N/A | N/A | N/A |
| Forward Industries, Inc. (FWDI)vs › | $610.68M | 0.20% | N/A | N/A | N/A |
| Gladstone Investment Corp. (GAIN)vs › | $616.64M | 0.44% | N/A | N/A | N/A |
| Hingham Institution for Savings (HIFS)vs › | $618.42M | 0.31% | N/A | N/A | N/A |
| Arrow Financial Corporation (AROW)vs › | $619.67M | 0.07% | N/A | N/A | N/A |
| Bridgewater Bancshares, Inc. (BWB)vs › | $572.73M | 0.08% | N/A | N/A | N/A |
Debt/Assets
13.5%
Debt/Equity
1.51
Current ratio and interest coverage is unavailable for First Business Financial Services, Inc.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 13.50% |
| 2026-03-31 | 7.19% |
| 2025-12-31 | 6.36% |
| 2025-09-30 | 6.80% |
| 2025-06-30 | 7.10% |
| 2025-03-31 | 7.46% |
| 2024-12-31 | 8.51% |
| 2024-09-30 | 9.61% |
| 2024-06-30 | 9.30% |
| 2024-03-31 | 11.05% |
| 2023-12-31 | 9.69% |
| 2023-09-30 | 10.91% |
| 2023-06-30 | 11.62% |
| 2023-03-31 | 11.11% |
| 2022-12-31 | 15.69% |
| 2022-09-30 | 14.98% |
| 2022-06-30 | 21.74% |
| 2022-03-31 | 15.49% |
| 2021-12-31 | 15.79% |
| 2021-09-30 | 15.86% |
| 2021-06-30 | 15.22% |
| 2021-03-31 | 17.72% |
| 2020-12-31 | 16.96% |
| 2020-09-30 | 19.23% |
| 2020-06-30 | 19.52% |
| 2020-03-31 | 19.58% |
| 2019-12-31 | 16.07% |
| 2019-09-30 | 16.76% |
| 2019-06-30 | 15.27% |
| 2019-03-31 | 14.38% |
| 2018-12-31 | 15.71% |
| 2018-09-30 | 15.39% |
| 2018-06-30 | 19.76% |
| 2018-03-31 | 16.98% |
| 2017-12-31 | 12.15% |
| 2017-09-30 | 9.96% |
| 2017-06-30 | 6.58% |
| 2017-03-31 | 7.32% |
| 2016-12-31 | 3.91% |
| 2016-09-30 | 2.25% |
| 2016-06-30 | 2.40% |
| 2016-03-31 | 2.51% |
| 2015-12-31 | 2.51% |
| 2015-09-30 | 2.68% |
| 2015-06-30 | 3.43% |
| 2015-03-31 | 2.66% |
| 2014-12-31 | 2.72% |
| 2014-09-30 | 2.33% |
| 2014-06-30 | 1.40% |
| 2014-03-31 | 1.43% |
| 2013-12-31 | 1.75% |
| 2013-09-30 | 1.76% |
| 2013-06-30 | 1.74% |
| 2013-03-31 | 3.05% |
| 2012-12-31 | 1.85% |
| 2012-09-30 | 4.18% |
| 2012-06-30 | 4.54% |
| 2012-03-31 | 4.46% |
| 2011-12-31 | 4.30% |
| 2011-09-30 | 4.39% |
| 2011-06-30 | 4.54% |
| 2011-03-31 | 4.48% |
| 2010-12-31 | 4.68% |
| 2010-09-30 | 4.62% |
| 2010-06-30 | 6.32% |
| 2010-03-31 | 6.16% |
| 2009-12-31 | 6.07% |
| 2009-09-30 | 6.32% |
| 2009-06-30 | 6.43% |
| 2009-03-31 | 6.61% |
| 2008-12-31 | 10.37% |
| 2008-09-30 | 10.03% |
| 2008-06-30 | 8.58% |
| 2008-03-31 | 6.80% |
| 2007-12-31 | 8.93% |
| 2007-09-30 | 8.63% |
| 2007-06-30 | 5.45% |
| 2007-03-31 | 6.24% |
| 2006-12-31 | 11.79% |
| 2006-09-30 | 8.69% |
| 2006-06-30 | 7.78% |
| 2006-03-31 | 6.37% |
| 2005-12-31 | 7.48% |
| 2005-09-30 | 7.83% |
| 2005-06-30 | 7.28% |
| 2004-12-31 | 7.16% |
