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 13.74% is 42% below its 5-year average of 23.75%, around the middle of its 5-year range (1.77%–36.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.40% above its 12-month average of 13.68%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 13.74%.
DEBT TO ASSETS RATIO
13.74%
DEBT TO ASSETS RATIO AVG TTM
13.68%
DEBT TO ASSETS RATIO AVG 3Y
19.44%
DEBT TO ASSETS RATIO AVG 5Y
23.75%
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
+0.40%
CURRENT VS 3Y AVG
-29.35%
CURRENT VS 5Y AVG
-42.17%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.25%
median of 344 covered companies
CURRENT VS SECTOR MEDIAN
+5394.21%
vs the sector median at left
Greenland Technologies Holding Corporation
Market Cap
$21.10M
Debt to Assets Ratio
13.74%
TTM Avg
13.68%
3Y Avg
19.44%
5Y Avg
23.75%
Market Cap
$21.38M
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.81M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.13M
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.30M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.88M
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.56M
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.28M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.83M
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 |
|---|---|---|---|---|---|
| Greenland Technologies Holding Corporation (GTEC) | $21.10M | 13.74% | 13.68% | 19.44% | 23.75% |
| Performance Shipping Inc. (PSHG)vs › | $21.38M | 0.46% | N/A | N/A | N/A |
| ClearSign Technologies Corporation (CLIR)vs › | $20.81M | 0.01% | N/A | N/A | N/A |
| Castor Maritime Inc. (CTRM)vs › | $19.13M | 0.18% | N/A | N/A | N/A |
| High-Trend International Group (HTCO)vs › | $18.30M | 0.00% | N/A | N/A | N/A |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $16.88M | 0.27% | N/A | N/A | N/A |
| BioHarvest Sciences Inc. (BHST)vs › | $25.56M | 0.39% | N/A | N/A | N/A |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $16.28M | 0.00% | N/A | N/A | N/A |
| Greenpro Capital Corp. (GRNQ)vs › | $15.83M | 0.00% | N/A | N/A | N/A |
| Knightscope, Inc. (KSCP)vs › | $14.58M | 0.07% | N/A | N/A | N/A |
Debt/Assets
13.7%
Debt/Equity
0.23
Current Ratio
1.97
Interest Coverage
67.4x
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 | 13.74% |
| 2026-03-31 | 14.79% |
| 2025-12-31 | 11.12% |
| 2025-09-30 | 12.64% |
| 2025-06-30 | 16.13% |
| 2025-03-31 | 1.77% |
| 2024-12-31 | 18.47% |
| 2024-09-30 | 21.39% |
| 2024-06-30 | 26.30% |
| 2024-03-31 | 31.23% |
| 2023-12-31 | 32.13% |
| 2023-09-30 | 27.37% |
| 2023-06-30 | 25.67% |
| 2023-03-31 | 23.61% |
| 2022-12-31 | 26.82% |
| 2022-09-30 | 29.83% |
| 2022-06-30 | 29.74% |
| 2022-03-31 | 29.82% |
| 2021-12-31 | 33.68% |
| 2021-09-30 | 36.30% |
| 2021-06-30 | 36.24% |
| 2021-03-31 | 38.28% |
| 2020-12-31 | 40.26% |
| 2020-09-30 | 34.04% |
| 2020-06-30 | 32.16% |
| 2020-03-31 | 32.93% |
| 2019-12-31 | 17.89% |
| 2019-08-31 | 1.97% |
| 2019-05-31 | 0.55% |
| 2019-02-28 | 0.00% |
| 2018-11-30 | 0.00% |
| 2018-08-31 | 0.00% |
| 2018-05-31 | 86.06% |
| 2018-03-31 | 76.35% |