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 6.64% is in line with its 5-year average of 7.31%, near the low end of its 5-year range (6.04%–14.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.42% below its 12-month average of 6.95%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.64%.
DEBT TO ASSETS RATIO
6.64%
DEBT TO ASSETS RATIO AVG TTM
6.95%
DEBT TO ASSETS RATIO AVG 3Y
7.52%
DEBT TO ASSETS RATIO AVG 5Y
7.31%
DEBT TO ASSETS RATIO AVG 10Y
8.15%
DEBT TO ASSETS RATIO AVG 15Y
8.40%
DEBT TO ASSETS RATIO AVG 20Y
9.33%
CURRENT VS TTM AVG
-4.42%
CURRENT VS 3Y AVG
-11.61%
CURRENT VS 5Y AVG
-9.06%
CURRENT VS 10Y AVG
-18.47%
CURRENT VS 15Y AVG
-20.94%
CURRENT VS 20Y AVG
-28.79%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 552 covered companies
CURRENT VS SECTOR MEDIAN
+13189.19%
vs the sector median at left
First Mid Bancshares, Inc.
Market Cap
$1.33B
Debt to Assets Ratio
6.64%
TTM Avg
6.95%
3Y Avg
7.52%
5Y Avg
7.31%
Market Cap
$1.30B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.39B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.40B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.41B
Debt to Assets Ratio
0.84%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.43B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.22B
Debt to Assets Ratio
0.67%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.45B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Mid Bancshares, Inc. (FMBH) | $1.33B | 6.64% | 6.95% | 7.52% | 7.31% |
| HBT Financial, Inc. (HBT)vs › | $1.33B | 0.02% | N/A | N/A | N/A |
| Old Second Bancorp, Inc. (OSBC)vs › | $1.30B | 0.07% | N/A | N/A | N/A |
| Community Trust Bancorp, Inc. (CTBI)vs › | $1.39B | 0.05% | N/A | N/A | N/A |
| Burke & Herbert Financial Services Corp. (BHRB)vs › | $1.40B | 0.06% | N/A | N/A | N/A |
| Atlanticus Holdings Corporation (ATLC)vs › | $1.41B | 0.84% | N/A | N/A | N/A |
| Amalgamated Financial Corp. (AMAL)vs › | $1.43B | 0.01% | N/A | N/A | N/A |
| Jefferson Capital, Inc. Common Stock (JCAP)vs › | $1.22B | 0.67% | N/A | N/A | N/A |
| Lakeland Financial Corporation (LKFN)vs › | $1.45B | 0.01% | N/A | N/A | N/A |
| Capital Southwest Corporation (CSWC)vs › | $1.47B | 0.21% | N/A | N/A | N/A |
Debt/Assets
6.6%
Debt/Equity
0.56
Current ratio and interest coverage is unavailable for First Mid Bancshares, 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 | 6.64% |
| 2026-03-31 | 6.59% |
| 2025-12-31 | 7.08% |
| 2025-09-30 | 7.20% |
| 2025-06-30 | 7.25% |
| 2025-03-31 | 7.04% |
| 2024-12-31 | 7.61% |
| 2024-09-30 | 7.53% |
| 2024-06-30 | 8.08% |
| 2024-03-31 | 7.75% |
| 2023-12-31 | 8.21% |
| 2023-09-30 | 9.23% |
| 2023-06-30 | 11.76% |
| 2023-03-31 | 14.26% |
| 2022-12-31 | 12.11% |
| 2022-09-30 | 7.99% |
| 2022-06-30 | 10.37% |
| 2022-03-31 | 6.68% |
| 2021-12-31 | 6.04% |
| 2021-09-30 | 6.49% |
| 2021-06-30 | 6.81% |
| 2021-03-31 | 7.89% |
| 2020-12-31 | 9.13% |
| 2020-09-30 | 6.66% |
| 2020-06-30 | 10.97% |
| 2020-03-31 | 10.14% |
| 2019-12-31 | 9.45% |
| 2019-09-30 | 7.74% |
| 2019-06-30 | 7.55% |
| 2019-03-31 | 8.38% |
| 2018-12-31 | 9.08% |
| 2018-09-30 | 8.29% |
| 2018-06-30 | 8.18% |
| 2018-03-31 | 7.96% |
| 2017-12-31 | 8.79% |
| 2017-09-30 | 9.26% |
| 2017-06-30 | 7.92% |
| 2017-03-31 | 7.76% |
| 2016-12-31 | 9.29% |
| 2016-09-30 | 8.03% |
| 2016-06-30 | 9.04% |
| 2016-03-31 | 7.42% |
| 2015-12-31 | 8.01% |
| 2015-09-30 | 7.13% |
| 2015-06-30 | 9.98% |
| 2015-03-31 | 10.11% |
| 2014-12-31 | 10.11% |
| 2014-09-30 | 7.76% |
| 2014-06-30 | 7.95% |
| 2014-03-31 | 7.13% |
| 2013-12-31 | 9.95% |
| 2013-09-30 | 8.00% |
| 2013-06-30 | 8.22% |
| 2013-03-31 | 6.46% |
| 2012-12-31 | 8.82% |
| 2012-09-30 | 9.18% |
| 2012-06-30 | 9.62% |
| 2012-03-31 | 9.62% |
| 2011-12-31 | 20.88% |
| 2011-09-30 | 10.42% |
| 2011-06-30 | 10.02% |
| 2011-03-31 | 9.08% |
| 2010-12-31 | 9.36% |
| 2010-09-30 | 9.12% |
| 2010-06-30 | 10.69% |
| 2010-03-31 | 10.44% |
| 2009-12-31 | 12.21% |
| 2009-09-30 | 12.10% |
| 2009-06-30 | 10.97% |
| 2009-03-31 | 11.74% |
| 2008-12-31 | 14.49% |
| 2008-09-30 | 13.77% |
| 2008-06-30 | 13.28% |
| 2008-03-31 | 13.13% |
| 2007-12-31 | 15.37% |
| 2007-09-30 | 14.06% |
| 2007-06-30 | 13.61% |
| 2007-03-31 | 11.63% |
| 2006-12-31 | 12.76% |
| 2006-09-30 | 12.06% |
| 2006-06-30 | 12.54% |
| 2006-03-31 | 13.05% |
| 2005-12-31 | 14.37% |
| 2005-09-30 | 11.35% |
| 2005-06-30 | 12.66% |
| 2005-03-31 | 13.44% |
| 2004-12-31 | 14.70% |
| 2004-09-30 | 11.97% |
| 2004-06-30 | 12.36% |
| 2004-03-31 | 11.30% |
| 2003-12-31 | 12.57% |
| 2003-09-30 | 11.90% |
| 2003-06-30 | 10.27% |
| 2003-03-31 | 10.10% |
| 2002-12-31 | 16.09% |
| 2002-09-30 | 10.24% |
