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 11.98% is 81% above its 5-year average of 6.61%, near the high end of its 5-year range (2.03%–11.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 56.30% above its 12-month average of 7.67%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 11.98%.
DEBT TO ASSETS RATIO
11.98%
DEBT TO ASSETS RATIO AVG TTM
7.67%
DEBT TO ASSETS RATIO AVG 3Y
7.14%
DEBT TO ASSETS RATIO AVG 5Y
6.61%
DEBT TO ASSETS RATIO AVG 10Y
6.18%
DEBT TO ASSETS RATIO AVG 15Y
5.37%
DEBT TO ASSETS RATIO AVG 20Y
5.39%
CURRENT VS TTM AVG
+56.30%
CURRENT VS 3Y AVG
+67.90%
CURRENT VS 5Y AVG
+81.40%
CURRENT VS 10Y AVG
+94.01%
CURRENT VS 15Y AVG
+123.35%
CURRENT VS 20Y AVG
+122.38%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 503 covered companies
CURRENT VS SECTOR MEDIAN
+23865.86%
vs the sector median at left
FS Bancorp, Inc.
Market Cap
$330.50M
Debt to Assets Ratio
11.98%
TTM Avg
7.67%
3Y Avg
7.14%
5Y Avg
6.61%
Market Cap
$330.02M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$334.56M
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$335.10M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$325.90M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$335.68M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$325.15M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$324.16M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$323.62M
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 |
|---|---|---|---|---|---|
| FS Bancorp, Inc. (FSBW) | $330.50M | 11.98% | 7.67% | 7.14% | 6.61% |
| Fifth Era Acquisition Corp I Class A Ordinary Shares (FERA)vs › | $330.02M | 0.00% | N/A | N/A | N/A |
| Crescent Capital BDC, Inc. (CCAP)vs › | $334.56M | 0.57% | N/A | N/A | N/A |
| Bold Eagle Acquisition Corp. (BEAG)vs › | $335.10M | 0.00% | N/A | N/A | N/A |
| B&R Technology Merger Corp. Class A (BRTM)vs › | $325.90M | N/A | N/A | N/A | N/A |
| Blue Water Acquisition Corp III (BLUW)vs › | $335.68M | 0.00% | N/A | N/A | N/A |
| John Marshall Bancorp, Inc. (JMSB)vs › | $325.15M | 0.05% | N/A | N/A | N/A |
| Evolution Global Acquisition Corp Class A Ordinary Shares (EVOX)vs › | $324.16M | 0.00% | N/A | N/A | N/A |
| Aldel Financial II Inc. (ALDF)vs › | $323.62M | 0.00% | N/A | N/A | N/A |
| C&F Financial Corporation (CFFI)vs › | $323.37M | 0.04% | N/A | N/A | N/A |
Debt/Assets
12.0%
Debt/Equity
1.19
Current ratio and interest coverage is unavailable for FS Bancorp, 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 | 11.98% |
| 2026-03-31 | 6.95% |
| 2025-12-31 | 4.41% |
| 2025-09-30 | 5.79% |
| 2025-06-30 | 9.20% |
| 2025-03-31 | 4.03% |
| 2024-12-31 | 11.72% |
| 2024-09-30 | 7.37% |
| 2024-06-30 | 8.07% |
| 2024-03-31 | 6.26% |
| 2023-12-31 | 2.03% |
| 2023-09-30 | 6.12% |
| 2023-06-30 | 8.85% |
| 2023-03-31 | 2.32% |
| 2022-12-31 | 9.21% |
| 2022-09-30 | 11.96% |
| 2022-06-30 | 5.52% |
| 2022-03-31 | 3.97% |
| 2021-12-31 | 4.23% |
| 2021-09-30 | 4.35% |
| 2021-06-30 | 4.38% |
| 2021-03-31 | 5.84% |
| 2020-12-31 | 5.57% |
| 2020-09-30 | 9.20% |
| 2020-06-30 | 8.22% |
| 2020-03-31 | 9.41% |
| 2019-12-31 | 5.84% |
| 2019-09-30 | 5.41% |
| 2019-06-30 | 5.96% |
| 2019-03-31 | 6.25% |
| 2018-12-31 | 9.07% |
| 2018-09-30 | 8.09% |
| 2018-06-30 | 10.28% |
| 2018-03-31 | 4.73% |
| 2017-12-31 | 1.77% |
| 2017-09-30 | 2.02% |
| 2017-06-30 | 4.36% |
| 2017-03-31 | 2.29% |
| 2016-12-31 | 2.72% |
| 2016-09-30 | 3.73% |
| 2016-06-30 | 3.76% |
| 2016-03-31 | 2.79% |
| 2015-12-31 | 16.02% |
| 2015-09-30 | 9.23% |
| 2015-06-30 | 3.56% |
| 2015-03-31 | 5.62% |
| 2014-12-31 | 3.34% |
| 2014-09-30 | 4.78% |
| 2014-06-30 | 4.03% |
| 2014-03-31 | 3.77% |
| 2013-12-31 | 3.98% |
| 2013-09-30 | 3.45% |
| 2013-06-30 | 3.61% |
| 2013-03-31 | 3.68% |
| 2012-12-31 | 1.91% |
| 2012-09-30 | 1.20% |
| 2012-06-30 | 1.20% |
| 2012-03-31 | 2.59% |
| 2011-12-31 | 3.14% |
| 2011-06-30 | 1.43% |
| 2010-12-31 | 7.49% |
| 2008-09-30 | 2.52% |
| 2007-12-31 | 7.53% |
