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 3.26% is 81% below its 1-year average of 16.87%, near the low end of its 1-year range (3.26%–38.06%).
As of the fiscal period ended Tuesday, June 30, 2026. 74.21% below its 12-month average of 12.63%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.26%.
DEBT TO ASSETS RATIO
3.26%
DEBT TO ASSETS RATIO AVG TTM
12.63%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
-74.21%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 165 covered companies
CURRENT VS SECTOR MEDIAN
+1106.47%
vs the sector median at left
Firefly Aerospace Inc.
Market Cap
$3.87B
Debt to Assets Ratio
3.26%
TTM Avg
12.63%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.91B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.28B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.38B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.37B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.44B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Firefly Aerospace Inc. (FLY) | $3.87B | 3.26% | 12.63% | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $3.91B | 0.03% | N/A | N/A | N/A |
| Badger Meter, Inc. (BMI)vs › | $3.75B | 0.00% | N/A | N/A | N/A |
| Teekay Tankers Ltd. (TNK)vs › | $3.59B | 0.01% | N/A | N/A | N/A |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 0.24% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.30B | 0.42% | N/A | N/A | N/A |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.38B | 0.54% | N/A | N/A | N/A |
| CECO Environmental Corp. (CECO)vs › | $4.37B | 0.20% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.44B | 0.34% | N/A | N/A | N/A |
| Exponent, Inc. (EXPO)vs › | $3.28B | 0.12% | N/A | N/A | N/A |
Debt/Assets
3.3%
Debt/Equity
0.04
Current Ratio
2.73
Interest Coverage
-11.4x
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 | 3.26% |
| 2026-03-31 | 3.55% |
| 2025-12-31 | 16.91% |
| 2025-09-30 | 3.54% |
| 2025-06-30 | 35.89% |
| 2025-03-31 | 38.06% |