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 0.46% is 78% below its 4-year average of 2.11%, near the low end of its 4-year range (0.00%–118.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 140.87% above its 12-month average of 0.19%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.46%.
DEBT TO ASSETS RATIO
0.46%
DEBT TO ASSETS RATIO AVG TTM
0.19%
DEBT TO ASSETS RATIO AVG 3Y
2.95%
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
+140.87%
CURRENT VS 3Y AVG
-84.46%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
0.21%
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+123.57%
vs the sector median at left
Greenland Mines Ltd.
Market Cap
$19.45M
Debt to Assets Ratio
0.46%
TTM Avg
0.19%
3Y Avg
2.95%
5Y Avg
N/A
Market Cap
$20.59M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.59M
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.07M
Debt to Assets Ratio
0.88%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.07M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.56M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.82M
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.59M
Debt to Assets Ratio
1.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenland Mines Ltd. (GRML) | $19.45M | 0.46% | 0.19% | 2.95% | N/A |
| Loop Industries, Inc. (LOOP)vs › | $20.59M | 0.45% | N/A | N/A | N/A |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.59M | 0.50% | N/A | N/A | N/A |
| Mercer International Inc. (MERC)vs › | $17.07M | 0.88% | N/A | N/A | N/A |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.07M | 0.10% | N/A | N/A | N/A |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.56M | 0.07% | N/A | N/A | N/A |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.82M | 0.26% | N/A | N/A | N/A |
| Blue Gold Limited (BGL)vs › | $8.48M | 0.09% | N/A | N/A | N/A |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.59M | 1.03% | N/A | N/A | N/A |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.58M | 0.00% | N/A | N/A | N/A |
Debt/Assets
0.5%
Debt/Equity
0.01
Current Ratio
10.09
Interest Coverage
-3.1x
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 | 0.46% |
| 2026-03-31 | 0.49% |
| 2025-12-31 | 0.00% |
| 2025-09-30 | 0.00% |
| 2025-06-30 | 0.00% |
| 2025-03-31 | 59.18% |
| 2024-12-31 | 11.06% |
| 2024-09-30 | 6.13% |
| 2024-06-30 | 118.78% |
| 2024-03-31 | 7.86% |
| 2023-12-31 | 66.92% |
| 2023-09-30 | 1.96% |
| 2023-06-30 | 1.52% |
| 2023-03-31 | 0.04% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 77.84% |
