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 58.95% is 14% above its 5-year average of 51.87%, near the high end of its 5-year range (45.27%–62.98%).
As of the fiscal period ended Sunday, June 28, 2026. 1.90% above its 12-month average of 57.85%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-28): 58.95%.
DEBT TO ASSETS RATIO
58.95%
DEBT TO ASSETS RATIO AVG TTM
57.85%
DEBT TO ASSETS RATIO AVG 3Y
53.65%
DEBT TO ASSETS RATIO AVG 5Y
51.87%
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
+1.90%
CURRENT VS 3Y AVG
+9.90%
CURRENT VS 5Y AVG
+13.65%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.36%
median of 221 covered companies
CURRENT VS SECTOR MEDIAN
+16276.07%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$652.92M
Debt to Assets Ratio
58.95%
TTM Avg
57.85%
3Y Avg
53.65%
5Y Avg
51.87%
Market Cap
$622.90M
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$607.82M
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$699.89M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$704.61M
Debt to Assets Ratio
0.61%
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
$813.98M
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$470.21M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $652.92M | 58.95% | 57.85% | 53.65% | 51.87% |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $622.90M | 0.29% | N/A | N/A | N/A |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $607.82M | 0.52% | N/A | N/A | N/A |
| Legacy Housing Corporation (LEGH)vs › | $699.89M | 0.00% | N/A | N/A | N/A |
| Bloomin' Brands, Inc. (BLMN)vs › | $704.61M | 0.61% | N/A | N/A | N/A |
| Kura Sushi USA, Inc. (KRUS)vs › | $492.49M | 0.44% | N/A | N/A | N/A |
| Fox Factory Holding Corp. (FOXF)vs › | $813.98M | 0.42% | N/A | N/A | N/A |
| Johnson Outdoors Inc. (JOUT)vs › | $470.21M | 0.08% | N/A | N/A | N/A |
| Arko Corp. (ARKO)vs › | $470.06M | 0.66% | N/A | N/A | N/A |
| Flexsteel Industries, Inc. (FLXS)vs › | $463.07M | 0.20% | N/A | N/A | N/A |
Debt/Assets
59.0%
Debt/Equity
1.69
Current Ratio
0.27
Interest Coverage
2.0x
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 |
|---|---|
| 2026-06-28 | 58.95% |
| 2026-03-29 | 58.10% |
| 2025-12-28 | 57.90% |
| 2025-09-28 | 57.11% |
| 2025-06-29 | 57.21% |
| 2025-03-30 | 54.22% |
| 2024-12-31 | 53.46% |
| 2024-09-29 | 52.45% |
| 2024-06-30 | 52.11% |
| 2024-03-31 | 47.80% |
| 2023-12-31 | 47.90% |
| 2023-09-24 | 46.54% |
| 2023-06-25 | 45.33% |
| 2023-03-26 | 45.84% |
| 2022-12-31 | 45.94% |
| 2022-09-25 | 45.92% |
| 2022-06-26 | 45.68% |
| 2022-03-27 | 45.71% |
| 2021-12-31 | 45.27% |
| 2021-09-26 | 62.90% |
| 2021-06-30 | 62.98% |
| 2020-12-31 | 63.31% |