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 4.67% is 27% above its 5-year average of 3.67%, around the middle of its 5-year range (0.90%–9.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 29.18% above its 12-month average of 3.62%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.67%.
DEBT TO ASSETS RATIO
4.67%
DEBT TO ASSETS RATIO AVG TTM
3.62%
DEBT TO ASSETS RATIO AVG 3Y
4.19%
DEBT TO ASSETS RATIO AVG 5Y
3.67%
DEBT TO ASSETS RATIO AVG 10Y
3.65%
DEBT TO ASSETS RATIO AVG 15Y
4.89%
DEBT TO ASSETS RATIO AVG 20Y
6.09%
CURRENT VS TTM AVG
+29.18%
CURRENT VS 3Y AVG
+11.36%
CURRENT VS 5Y AVG
+27.09%
CURRENT VS 10Y AVG
+27.82%
CURRENT VS 15Y AVG
-4.41%
CURRENT VS 20Y AVG
-23.27%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 455 covered companies
CURRENT VS SECTOR MEDIAN
+9240.00%
vs the sector median at left
Finward Bancorp
Market Cap
$182.72M
Debt to Assets Ratio
4.67%
TTM Avg
3.62%
3Y Avg
4.19%
5Y Avg
3.67%
Market Cap
$183.01M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$183.50M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$180.44M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$180.43M
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$185.35M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$185.49M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$185.73M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Finward Bancorp (FNWD) | $182.72M | 4.67% | 3.62% | 4.19% | 3.67% |
| Invest Green Acquisition Corp. (IGAC)vs › | $183.01M | 0.01% | N/A | N/A | N/A |
| Hanover Bancorp, Inc. (HNVR)vs › | $183.50M | 0.04% | N/A | N/A | N/A |
| ECB Bancorp, Inc. (ECBK)vs › | $184.45M | 0.17% | N/A | N/A | N/A |
| Digital Asset Acquisition Corp. (DAAQ)vs › | $180.44M | 0.00% | N/A | N/A | N/A |
| Better Home & Finance Holding Company (BETR)vs › | $180.43M | 0.43% | N/A | N/A | N/A |
| Crown Reserve Acquisition Corp. I (CRAC)vs › | $185.35M | 0.00% | N/A | N/A | N/A |
| JAB Acquisition Corp. I Class A (ATLQ)vs › | $185.49M | N/A | N/A | N/A | N/A |
| BV Financial, Inc. (BVFL)vs › | $185.73M | 0.00% | N/A | N/A | N/A |
| ARC Group Acquisition I Corp Class A Ordinary Shares (ARCL)vs › | $179.33M | N/A | N/A | N/A | N/A |
Debt/Assets
4.7%
Debt/Equity
0.53
Current ratio and interest coverage is unavailable for Finward 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 | 4.67% |
| 2026-03-31 | 4.51% |
| 2025-12-31 | 4.19% |
| 2025-09-30 | 2.36% |
| 2025-06-30 | 2.35% |
| 2025-03-31 | 2.21% |
| 2024-12-31 | 5.10% |
| 2024-09-30 | 2.07% |
| 2024-06-30 | 2.07% |
| 2024-03-31 | 3.19% |
| 2023-12-31 | 5.60% |
| 2023-09-30 | 7.10% |
| 2023-06-30 | 9.09% |
| 2023-03-31 | 6.12% |
| 2022-12-31 | 6.54% |
| 2022-09-30 | 3.81% |
| 2022-06-30 | 1.17% |
| 2022-03-31 | 1.11% |
| 2021-12-31 | 0.90% |
| 2021-09-30 | 1.48% |
| 2021-06-30 | 1.52% |
| 2021-03-31 | 1.02% |
| 2020-12-31 | 1.33% |
| 2020-09-30 | 2.10% |
| 2020-06-30 | 1.98% |
| 2020-03-31 | 2.00% |
| 2019-12-31 | 1.92% |
| 2019-09-30 | 2.32% |
| 2019-06-30 | 2.95% |
| 2019-03-31 | 2.58% |
| 2018-12-31 | 4.98% |
| 2018-09-30 | 5.68% |
| 2018-06-30 | 5.21% |
| 2018-03-31 | 4.66% |
| 2017-12-31 | 3.47% |
| 2017-09-30 | 6.26% |
| 2017-06-30 | 3.83% |
| 2017-03-31 | 3.74% |
| 2016-12-31 | 4.36% |
| 2016-09-30 | 6.03% |
| 2016-06-30 | 6.22% |
| 2016-03-31 | 5.85% |
| 2015-12-31 | 6.71% |
| 2015-09-30 | 6.37% |
| 2015-06-30 | 6.58% |
| 2015-03-31 | 6.19% |
| 2014-12-31 | 6.96% |
| 2014-09-30 | 8.22% |
| 2014-06-30 | 7.39% |
| 2014-03-31 | 7.49% |
| 2013-12-31 | 6.48% |
| 2013-09-30 | 7.48% |
| 2013-06-30 | 7.57% |
| 2013-03-31 | 7.40% |
| 2012-12-31 | 7.16% |
| 2012-09-30 | 8.50% |
| 2012-06-30 | 8.68% |
| 2012-03-31 | 9.04% |
| 2011-12-31 | 7.98% |
| 2011-09-30 | 8.27% |
| 2011-06-30 | 7.91% |
| 2011-03-31 | 7.88% |
| 2010-12-31 | 7.70% |
| 2010-09-30 | 7.63% |
| 2010-06-30 | 7.72% |
| 2010-03-31 | 8.04% |
| 2009-12-31 | 9.52% |
| 2009-09-30 | 9.00% |
| 2009-06-30 | 11.33% |
| 2009-03-31 | 10.03% |
| 2008-12-31 | 11.25% |
| 2008-09-30 | 11.76% |
| 2008-06-30 | 12.96% |
| 2008-03-31 | 9.76% |
| 2007-12-31 | 12.24% |
| 2007-09-30 | 11.51% |
| 2007-06-30 | 8.42% |
| 2007-03-31 | 10.90% |
| 2006-12-31 | 8.32% |
| 2006-09-30 | 8.03% |
| 2006-06-30 | 10.96% |
| 2006-03-31 | 8.77% |
| 2005-12-31 | 8.15% |
| 2005-09-30 | 9.31% |
| 2005-06-30 | 9.82% |
| 2005-03-31 | 8.98% |
| 2004-12-31 | 15.53% |
| 2004-09-30 | 9.33% |
| 2004-06-30 | 9.40% |
| 2004-03-31 | 8.61% |
| 2003-12-31 | 8.04% |
| 2003-09-30 | 7.83% |
| 2003-06-30 | 7.98% |
| 2003-03-31 | 7.61% |
| 2002-12-31 | 7.39% |
| 2002-09-30 | 8.85% |
