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 2.78% is 16% above its 5-year average of 2.40%, near the high end of its 5-year range (0.00%–3.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.60% above its 12-month average of 2.64%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.78%.
DEBT TO ASSETS RATIO
2.78%
DEBT TO ASSETS RATIO AVG TTM
2.64%
DEBT TO ASSETS RATIO AVG 3Y
2.50%
DEBT TO ASSETS RATIO AVG 5Y
2.40%
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
+5.60%
CURRENT VS 3Y AVG
+11.22%
CURRENT VS 5Y AVG
+15.78%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 478 covered companies
CURRENT VS SECTOR MEDIAN
+2040.74%
vs the sector median at left
Grid Dynamics Holdings, Inc.
Market Cap
$634.41M
Debt to Assets Ratio
2.78%
TTM Avg
2.64%
3Y Avg
2.50%
5Y Avg
2.40%
Market Cap
$631.85M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$615.91M
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$656.34M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$659.94M
Debt to Assets Ratio
0.81%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$676.22M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$591.29M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grid Dynamics Holdings, Inc. (GDYN) | $634.41M | 2.78% | 2.64% | 2.50% | 2.40% |
| Climb Global Solutions, Inc. (CLMB)vs › | $631.85M | 0.00% | N/A | N/A | N/A |
| indie Semiconductor, Inc. (INDI)vs › | $615.91M | 0.51% | N/A | N/A | N/A |
| Cognyte Software Ltd. (CGNT)vs › | $656.34M | 0.07% | N/A | N/A | N/A |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $659.94M | 0.81% | N/A | N/A | N/A |
| Docebo Inc. (DCBO)vs › | $607.63M | 0.39% | N/A | N/A | N/A |
| Gilat Satellite Networks Ltd. (GILT)vs › | $676.22M | 0.01% | N/A | N/A | N/A |
| ADTRAN Holdings Inc. (ADTN)vs › | $591.29M | 0.21% | N/A | N/A | N/A |
| IBEX Limited (IBEX)vs › | $586.44M | 0.20% | N/A | N/A | N/A |
| LightPath Technologies, Inc. (LPTH)vs › | $691.31M | 0.06% | N/A | N/A | N/A |
Debt/Assets
2.8%
Debt/Equity
0.03
Current Ratio
7.22
Interest Coverage
N/A
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 | 2.78% |
| 2026-03-31 | 2.88% |
| 2025-12-31 | 2.78% |
| 2025-09-30 | 2.23% |
| 2025-06-30 | 2.51% |
| 2025-03-31 | 1.96% |
| 2024-12-31 | 2.13% |
| 2024-09-30 | 2.69% |
| 2024-06-30 | 2.30% |
| 2024-03-31 | 2.45% |
| 2023-12-31 | 2.53% |
| 2023-09-30 | 2.56% |
| 2023-06-30 | 2.74% |
| 2023-03-31 | 2.11% |
| 2022-12-31 | 1.98% |
| 2022-09-30 | 1.42% |
| 2022-06-30 | 1.70% |
| 2022-03-31 | 3.53% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
