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 0.57% is 48% below its 5-year average of 1.11%, near the low end of its 5-year range (0.12%–4.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 37.23% above its 12-month average of 0.42%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.57%.
DEBT TO ASSETS RATIO
0.57%
DEBT TO ASSETS RATIO AVG TTM
0.42%
DEBT TO ASSETS RATIO AVG 3Y
1.07%
DEBT TO ASSETS RATIO AVG 5Y
1.11%
DEBT TO ASSETS RATIO AVG 10Y
3.66%
DEBT TO ASSETS RATIO AVG 15Y
3.69%
DEBT TO ASSETS RATIO AVG 20Y
5.19%
CURRENT VS TTM AVG
+37.23%
CURRENT VS 3Y AVG
-46.23%
CURRENT VS 5Y AVG
-48.30%
CURRENT VS 10Y AVG
-84.36%
CURRENT VS 15Y AVG
-84.49%
CURRENT VS 20Y AVG
-88.97%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 511 covered companies
CURRENT VS SECTOR MEDIAN
+1045.82%
vs the sector median at left
Market Cap
$2.53B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.51B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.50B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.58B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Bancorp (FBNC) | $2.51B | 0.57% | 0.42% | 1.07% | 1.11% |
| Columbia Financial, Inc. (CLBK)vs › | $2.53B | 0.10% | N/A | N/A | N/A |
| Merchants Bancorp (MBINM)vs › | $2.53B | 0.20% | N/A | N/A | N/A |
| First Merchants Corporation (FRME)vs › | $2.51B | 0.08% | N/A | N/A | N/A |
| First Busey Corporation (BUSE)vs › | $2.50B | 0.03% | N/A | N/A | N/A |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | 0.44% | N/A | N/A | N/A |
| Merchants Bancorp (MBINL)vs › | $2.39B | 0.20% | N/A | N/A | N/A |
| NBT Bancorp Inc. (NBTB)vs › | $2.66B | 0.03% | N/A | N/A | N/A |
| Merchants Bancorp (MBINN)vs › | $2.38B | 0.20% | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.35B | 0.42% | N/A | N/A | N/A |
Debt/Assets
0.6%
Debt/Equity
0.04
Current ratio and interest coverage is unavailable for First Bancorp: 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 | 0.57% |
| 2026-03-31 | 0.69% |
| 2025-12-31 | 0.59% |
| 2025-09-30 | 0.12% |
| 2025-06-30 | 0.12% |
| 2025-03-31 | 0.12% |
| 2024-12-31 | 0.12% |
| 2024-09-30 | 0.12% |
| 2024-06-30 | 0.12% |
| 2024-03-31 | 2.25% |
| 2023-12-31 | 2.66% |
| 2023-09-30 | 2.86% |
| 2023-06-30 | 3.52% |
| 2023-03-31 | 4.44% |
| 2022-12-31 | 2.24% |
| 2022-09-30 | 1.69% |
| 2022-06-30 | 0.18% |
| 2022-03-31 | 0.18% |
| 2021-12-31 | 0.19% |
| 2021-09-30 | 0.25% |
| 2021-06-30 | 0.26% |
| 2021-03-31 | 0.28% |
| 2020-12-31 | 0.32% |
| 2020-09-30 | 0.34% |
| 2020-06-30 | 1.08% |
| 2020-03-31 | 11.06% |
| 2019-12-31 | 8.17% |
| 2019-09-30 | 4.95% |
| 2019-06-30 | 5.01% |
| 2019-03-31 | 6.71% |
| 2018-12-31 | 11.82% |
| 2018-09-30 | 7.12% |
| 2018-06-30 | 7.12% |
| 2018-03-31 | 7.22% |
| 2017-12-31 | 12.51% |
| 2017-09-30 | 8.66% |
| 2017-06-30 | 7.85% |
| 2017-03-31 | 6.54% |
| 2016-12-31 | 7.51% |
| 2016-09-30 | 6.68% |
| 2016-06-30 | 5.95% |
| 2016-03-31 | 5.51% |
| 2015-12-31 | 5.54% |
| 2015-09-30 | 5.39% |
| 2015-06-30 | 5.49% |
| 2015-03-31 | 3.62% |
| 2014-12-31 | 3.62% |
| 2014-09-30 | 3.64% |
| 2014-06-30 | 3.56% |
| 2014-03-31 | 4.11% |
| 2013-12-31 | 1.46% |
| 2013-09-30 | 1.46% |
| 2013-06-30 | 1.43% |
| 2013-03-31 | 1.41% |
| 2012-12-31 | 1.43% |
| 2012-09-30 | 3.35% |
| 2012-06-30 | 3.35% |
| 2012-03-31 | 4.01% |
| 2011-12-31 | 4.59% |
| 2011-09-30 | 5.94% |
| 2011-06-30 | 6.22% |
| 2011-03-31 | 5.34% |
| 2010-12-31 | 7.66% |
| 2010-09-30 | 6.76% |
| 2010-06-30 | 4.17% |
| 2010-03-31 | 4.25% |
| 2009-12-31 | 6.79% |
| 2009-09-30 | 6.68% |
| 2009-06-30 | 8.31% |
| 2009-03-31 | 8.97% |
| 2008-12-31 | 15.58% |
| 2008-09-30 | 16.16% |
| 2008-06-30 | 14.00% |
| 2008-03-31 | 10.83% |
| 2007-12-31 | 12.17% |
| 2007-09-30 | 11.91% |
| 2007-06-30 | 9.96% |
| 2007-03-31 | 11.37% |
| 2006-12-31 | 11.85% |
| 2006-09-30 | 11.20% |
| 2006-06-30 | 11.32% |
| 2006-03-31 | 8.63% |
| 2005-12-31 | 7.43% |
| 2005-09-30 | 6.46% |
| 2005-06-30 | 5.93% |
| 2005-03-31 | 4.52% |
| 2004-12-31 | 5.63% |
| 2004-09-30 | 8.21% |
| 2004-06-30 | 6.80% |
| 2004-03-31 | 3.41% |
| 2003-12-31 | 5.15% |
| 2003-09-30 | 4.86% |
| 2003-06-30 | 2.34% |
| 2003-03-31 | 2.72% |
| 2002-12-31 | 2.46% |
| 2002-09-30 | 1.97% |
