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 20.43% is 24% below its 5-year average of 26.75%, around the middle of its 5-year range (11.34%–36.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.34% above its 12-month average of 19.96%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 20.43%.
DEBT TO ASSETS RATIO
20.43%
DEBT TO ASSETS RATIO AVG TTM
19.96%
DEBT TO ASSETS RATIO AVG 3Y
25.42%
DEBT TO ASSETS RATIO AVG 5Y
26.75%
DEBT TO ASSETS RATIO AVG 10Y
14.89%
DEBT TO ASSETS RATIO AVG 15Y
10.46%
DEBT TO ASSETS RATIO AVG 20Y
10.13%
CURRENT VS TTM AVG
+2.34%
CURRENT VS 3Y AVG
-19.62%
CURRENT VS 5Y AVG
-23.63%
CURRENT VS 10Y AVG
+37.25%
CURRENT VS 15Y AVG
+95.26%
CURRENT VS 20Y AVG
+101.67%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.36%
median of 222 covered companies
CURRENT VS SECTOR MEDIAN
+5575.21%
vs the sector median at left
Flexsteel Industries, Inc.
Market Cap
$465.93M
Debt to Assets Ratio
20.43%
TTM Avg
19.96%
3Y Avg
25.42%
5Y Avg
26.75%
Market Cap
$470.21M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$446.25M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$492.49M
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$437.92M
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$429.01M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$426.38M
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flexsteel Industries, Inc. (FLXS) | $465.93M | 20.43% | 19.96% | 25.42% | 26.75% |
| Arko Corp. (ARKO)vs › | $466.02M | 0.66% | N/A | N/A | N/A |
| Johnson Outdoors Inc. (JOUT)vs › | $470.21M | 0.08% | N/A | N/A | N/A |
| Malibu Boats, Inc. (MBUU)vs › | $446.25M | 0.17% | N/A | N/A | N/A |
| Kura Sushi USA, Inc. (KRUS)vs › | $492.49M | 0.44% | N/A | N/A | N/A |
| El Pollo Loco Holdings, Inc. (LOCO)vs › | $437.92M | 0.35% | N/A | N/A | N/A |
| Codere Online Luxembourg, S.A. (CDRO)vs › | $429.01M | 0.02% | N/A | N/A | N/A |
| Fossil Group, Inc. (FOSL)vs › | $426.38M | 0.52% | N/A | N/A | N/A |
| EVgo, Inc. (EVGO)vs › | $422.14M | 0.43% | N/A | N/A | N/A |
| Citi Trends, Inc. (CTRN)vs › | $400.00M | 0.46% | N/A | N/A | N/A |
Debt/Assets
20.4%
Debt/Equity
0.39
Current Ratio
2.09
Interest Coverage
1934.1x
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 | 20.43% |
| 2026-03-31 | 18.58% |
| 2025-12-31 | 19.25% |
| 2025-09-30 | 20.54% |
| 2025-06-30 | 21.02% |
| 2025-03-31 | 22.98% |
| 2024-12-31 | 24.23% |
| 2024-09-30 | 25.02% |
| 2024-06-30 | 25.66% |
| 2024-03-31 | 29.84% |
| 2023-12-31 | 32.03% |
| 2023-09-30 | 36.30% |
| 2023-06-30 | 34.56% |
| 2023-03-31 | 33.01% |
| 2022-12-31 | 34.99% |
| 2022-09-30 | 36.61% |
| 2022-06-30 | 29.06% |
| 2022-03-31 | 28.99% |
| 2021-12-31 | 32.01% |
| 2021-09-30 | 25.36% |
| 2021-06-30 | 11.34% |
| 2021-03-31 | 12.69% |
| 2020-12-31 | 5.15% |
| 2020-09-30 | 5.71% |
| 2020-06-30 | 5.06% |
| 2020-03-31 | 10.21% |
| 2019-12-31 | 5.24% |
| 2019-09-30 | 4.43% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 2.40% |
| 2015-09-30 | 2.83% |
| 2015-06-30 | 4.87% |
| 2015-03-31 | 6.01% |
| 2014-12-31 | 6.76% |
| 2014-09-30 | 5.10% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 3.22% |
| 2009-09-30 | 4.72% |
| 2009-06-30 | 6.62% |
| 2009-03-31 | 9.03% |
| 2008-12-31 | 9.31% |
| 2008-09-30 | 13.09% |
| 2008-06-30 | 14.43% |
| 2008-03-31 | 12.85% |
| 2007-12-31 | 15.22% |
| 2007-09-30 | 16.70% |
| 2007-06-30 | 15.33% |
| 2007-03-31 | 14.96% |
| 2006-12-31 | 13.46% |
| 2006-09-30 | 16.30% |
| 2006-06-30 | 17.08% |
| 2006-03-31 | 15.32% |
| 2005-12-31 | 18.36% |
| 2005-09-30 | 14.69% |
| 2005-06-30 | 10.68% |
| 2005-03-31 | 10.66% |
| 2004-12-31 | 15.51% |
| 2004-09-30 | 17.12% |
| 2004-06-30 | 15.69% |
| 2004-03-31 | 12.77% |
| 2003-12-31 | 13.02% |
| 2003-09-30 | 15.48% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.54% |
| 2002-09-30 | 0.52% |
