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 49.27% is 11% above its 5-year average of 44.30%, near the high end of its 5-year range (38.33%–53.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.27% above its 12-month average of 49.14%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 49.27%.
DEBT TO ASSETS RATIO
49.27%
DEBT TO ASSETS RATIO AVG TTM
49.14%
DEBT TO ASSETS RATIO AVG 3Y
46.73%
DEBT TO ASSETS RATIO AVG 5Y
44.30%
DEBT TO ASSETS RATIO AVG 10Y
37.19%
DEBT TO ASSETS RATIO AVG 15Y
34.04%
DEBT TO ASSETS RATIO AVG 20Y
27.61%
CURRENT VS TTM AVG
+0.27%
CURRENT VS 3Y AVG
+5.45%
CURRENT VS 5Y AVG
+11.22%
CURRENT VS 10Y AVG
+32.50%
CURRENT VS 15Y AVG
+44.76%
CURRENT VS 20Y AVG
+78.44%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 636 covered companies
CURRENT VS SECTOR MEDIAN
+98450.00%
vs the sector median at left
FirstCash Holdings, Inc
Market Cap
$9.16B
Debt to Assets Ratio
49.27%
TTM Avg
49.14%
3Y Avg
46.73%
5Y Avg
44.30%
Market Cap
$8.87B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.61B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.72B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.33B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.19B
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 |
|---|---|---|---|---|---|
| FirstCash Holdings, Inc (FCFS) | $9.16B | 49.27% | 49.14% | 46.73% | 44.30% |
| Voya Financial, Inc. (VOYA)vs › | $8.87B | 0.02% | N/A | N/A | N/A |
| Old National Bancorp (ONB)vs › | $9.54B | 0.11% | N/A | N/A | N/A |
| Fidelity High Dividend ETF (FDVV)vs › | $9.61B | N/A | N/A | N/A | N/A |
| FactSet Research Systems Inc. (FDS)vs › | $9.72B | 0.37% | N/A | N/A | N/A |
| Hut 8 Corp. (HUT)vs › | $9.98B | 0.77% | N/A | N/A | N/A |
| Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG)vs › | $8.33B | 0.42% | N/A | N/A | N/A |
| Popular, Inc. (BPOP)vs › | $10.12B | 0.02% | N/A | N/A | N/A |
| Columbia Banking System, Inc. (COLB)vs › | $8.19B | 0.07% | N/A | N/A | N/A |
| Old National Bancorp (ONBPO)vs › | $10.21B | 0.11% | N/A | N/A | N/A |
Debt/Assets
49.3%
Debt/Equity
1.16
Current Ratio
4.89
Interest Coverage
4.6x
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 | 49.27% |
| 2026-03-31 | 48.70% |
| 2025-12-31 | 53.15% |
| 2025-09-30 | 49.77% |
| 2025-06-30 | 44.81% |
| 2025-03-31 | 45.92% |
| 2024-12-31 | 45.79% |
| 2024-09-30 | 46.77% |
| 2024-06-30 | 46.20% |
| 2024-03-31 | 43.66% |
| 2023-12-31 | 44.83% |
| 2023-09-30 | 45.48% |
| 2023-06-30 | 43.09% |
| 2023-03-31 | 42.42% |
| 2022-12-31 | 42.79% |
| 2022-09-30 | 43.03% |
| 2022-06-30 | 42.11% |
| 2022-03-31 | 41.23% |
| 2021-12-31 | 41.36% |
| 2021-09-30 | 40.52% |
| 2021-06-30 | 38.33% |
| 2021-03-31 | 35.24% |
| 2020-12-31 | 37.92% |
| 2020-09-30 | 36.05% |
| 2020-06-30 | 34.98% |
| 2020-03-31 | 39.62% |
| 2019-12-31 | 37.37% |
| 2019-09-30 | 37.19% |
| 2019-06-30 | 37.64% |
| 2019-03-31 | 35.32% |
| 2018-12-31 | 28.03% |
| 2018-09-30 | 28.38% |
| 2018-06-30 | 25.73% |
| 2018-03-31 | 18.89% |
| 2017-12-31 | 19.50% |
| 2017-09-30 | 20.40% |
| 2017-06-30 | 18.62% |
| 2017-03-31 | 16.33% |
| 2016-12-31 | 21.28% |
| 2016-09-30 | 24.43% |
| 2016-06-30 | 32.61% |
| 2016-03-31 | 31.31% |
| 2015-12-31 | 34.08% |
| 2015-09-30 | 35.55% |
| 2015-06-30 | 34.15% |
| 2015-03-31 | 30.41% |
| 2014-12-31 | 31.12% |
| 2014-09-30 | 30.87% |
| 2014-06-30 | 28.79% |
| 2014-03-31 | 29.10% |
| 2013-12-31 | 28.89% |
| 2013-09-30 | 26.83% |
| 2013-06-30 | 28.32% |
| 2013-03-31 | 12.41% |
| 2012-12-31 | 22.47% |
| 2012-09-30 | 25.27% |
| 2012-06-30 | 18.72% |
| 2012-03-31 | 1.23% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.44% |
| 2011-06-30 | 0.44% |
| 2011-03-31 | 0.46% |
| 2010-12-31 | 0.54% |
| 2010-09-30 | 0.65% |
| 2010-06-30 | 2.49% |
| 2010-03-31 | 3.00% |
| 2009-12-31 | 3.66% |
| 2009-09-30 | 19.23% |
| 2009-06-30 | 20.77% |
| 2009-03-31 | 23.59% |
| 2008-12-31 | 32.01% |
| 2008-09-30 | 29.29% |
| 2008-06-30 | 22.97% |
| 2008-03-31 | 20.94% |
| 2007-12-31 | 20.99% |
| 2007-09-30 | 19.08% |
| 2007-06-30 | 11.43% |
| 2007-03-31 | 5.68% |
| 2006-12-31 | 7.46% |
| 2006-09-30 | 17.40% |
| 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 | 1.37% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 4.28% |
| 2003-09-30 | 7.96% |
| 2003-06-30 | 13.06% |
| 2003-03-31 | 14.66% |
| 2002-12-31 | 22.52% |
| 2002-09-30 | 24.15% |