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 24.38% is 42% below its 5-year average of 41.94%, near the low end of its 5-year range (12.15%–457709.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.85% above its 12-month average of 23.94%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 24.38%.
DEBT TO ASSETS RATIO
24.38%
DEBT TO ASSETS RATIO AVG TTM
23.94%
DEBT TO ASSETS RATIO AVG 3Y
35.86%
DEBT TO ASSETS RATIO AVG 5Y
41.94%
DEBT TO ASSETS RATIO AVG 10Y
87.94%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.85%
CURRENT VS 3Y AVG
-32.00%
CURRENT VS 5Y AVG
-41.87%
CURRENT VS 10Y AVG
-72.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.24%
median of 387 covered companies
CURRENT VS SECTOR MEDIAN
+10059.07%
vs the sector median at left
Greenwave Technology Solutions, Inc.
Market Cap
$1.94M
Debt to Assets Ratio
24.38%
TTM Avg
23.94%
3Y Avg
35.86%
5Y Avg
41.94%
Market Cap
$1.92M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.92M
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.88M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.88M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.16M
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.25M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.27M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.42M
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. (GWAV) | $1.94M | 24.38% | 23.94% | 35.86% | 41.94% |
| Jayud Global Logistics Limited (JYD)vs › | $1.92M | 0.15% | N/A | N/A | N/A |
| Nauticus Robotics, Inc. (KITT)vs › | $1.92M | 0.54% | N/A | N/A | N/A |
| Galaxy Payroll Group Limited (GLXG)vs › | $1.88M | 0.02% | N/A | N/A | N/A |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.88M | 0.00% | N/A | N/A | N/A |
| Mint Incorporation Limited (MIMI)vs › | $2.16M | 0.20% | N/A | N/A | N/A |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.25M | 0.01% | N/A | N/A | N/A |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.27M | 0.15% | N/A | N/A | N/A |
| Elong Power Holding Limited (ELPW)vs › | $1.42M | 0.35% | N/A | N/A | N/A |
| BrenX Ltd. (BRNX)vs › | $1.33M | 0.47% | N/A | N/A | N/A |
Debt/Assets
24.4%
Debt/Equity
0.61
Current Ratio
0.23
Interest Coverage
-7.0x
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 |
|---|---|
| 2026-06-30 | 24.38% |
| 2026-03-31 | 24.42% |
| 2025-12-31 | 24.83% |
| 2025-09-30 | 23.49% |
| 2025-06-30 | 22.58% |
| 2025-03-31 | 21.36% |
| 2024-12-31 | 25.04% |
| 2024-09-30 | 12.30% |
| 2024-06-30 | 12.15% |
| 2024-03-31 | 64.88% |
| 2023-12-31 | 83.18% |
| 2023-09-30 | 77.95% |
| 2023-06-30 | 49.58% |
| 2023-03-31 | 49.52% |
| 2022-12-31 | 40.53% |
| 2022-09-30 | 25.05% |
| 2022-06-30 | 110.94% |
| 2022-03-31 | 77.09% |
| 2021-12-31 | 27.65% |
| 2021-09-30 | 457709.43% |
| 2021-06-30 | 7359.62% |
| 2021-03-31 | 7243.17% |
| 2020-12-31 | 3504.29% |
| 2020-09-30 | 1228881.08% |
| 2020-06-30 | 1184871.54% |
| 2020-03-31 | 858097.06% |
| 2019-12-31 | 230001.23% |
| 2019-09-30 | 10421.14% |
| 2019-06-30 | 532.62% |
| 2019-03-31 | 435.46% |
| 2018-12-31 | 443.04% |
| 2018-09-30 | 94.50% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 30.96% |
| 2017-09-30 | 5.76% |
| 2017-06-30 | 0.29% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 14.94% |
| 2016-09-30 | 186.10% |
| 2016-06-30 | 273.60% |
| 2016-03-31 | 13.76% |
| 2015-12-31 | 29.03% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 44.22% |
| 2014-09-30 | 65.77% |
| 2014-06-30 | 37.27% |
| 2014-03-31 | 41.35% |
| 2013-12-31 | 0.00% |
