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 57.95% is 43% above its 5-year average of 40.62%, near the high end of its 5-year range (31.06%–57.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.93% above its 12-month average of 55.76%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 57.95%.
DEBT TO ASSETS RATIO
57.95%
DEBT TO ASSETS RATIO AVG TTM
55.76%
DEBT TO ASSETS RATIO AVG 3Y
43.47%
DEBT TO ASSETS RATIO AVG 5Y
40.62%
DEBT TO ASSETS RATIO AVG 10Y
35.65%
DEBT TO ASSETS RATIO AVG 15Y
28.04%
DEBT TO ASSETS RATIO AVG 20Y
22.63%
CURRENT VS TTM AVG
+3.93%
CURRENT VS 3Y AVG
+33.30%
CURRENT VS 5Y AVG
+42.67%
CURRENT VS 10Y AVG
+62.55%
CURRENT VS 15Y AVG
+106.68%
CURRENT VS 20Y AVG
+156.06%
SECTOR MEDIAN · HEALTHCARE
0.10%
median of 595 covered companies
CURRENT VS SECTOR MEDIAN
+57847.72%
vs the sector median at left
Harvard Bioscience, Inc.
Market Cap
$39.15M
Debt to Assets Ratio
57.95%
TTM Avg
55.76%
3Y Avg
43.47%
5Y Avg
40.62%
Market Cap
$38.82M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.92M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.28M
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.61M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.17M
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.58M
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 |
|---|---|---|---|---|---|
| Harvard Bioscience, Inc. (HBIO) | $39.15M | 57.95% | 55.76% | 43.47% | 40.62% |
| Nephros, Inc. (NEPH)vs › | $38.76M | 0.06% | N/A | N/A | N/A |
| Incannex Healthcare Limited (IXHL)vs › | $38.82M | 0.00% | N/A | N/A | N/A |
| Edesa Biotech, Inc. (EDSA)vs › | $36.92M | 0.00% | N/A | N/A | N/A |
| Metagenomi, Inc. Common Stock (MGX)vs › | $40.28M | 0.22% | N/A | N/A | N/A |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.61M | 0.45% | N/A | N/A | N/A |
| DocGo Inc. (DCGO)vs › | $36.32M | 0.14% | N/A | N/A | N/A |
| Accuray Incorporated (ARAY)vs › | $36.17M | 0.41% | N/A | N/A | N/A |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.58M | 0.00% | N/A | N/A | N/A |
| CVRx, Inc. (CVRX)vs › | $41.56M | 0.64% | N/A | N/A | N/A |
Debt/Assets
57.9%
Debt/Equity
5.96
Current Ratio
1.87
Interest Coverage
-0.1x
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 | 57.95% |
| 2026-03-31 | 56.61% |
| 2025-12-31 | 55.30% |
| 2025-09-30 | 54.86% |
| 2025-06-30 | 54.08% |
| 2025-03-31 | 55.90% |
| 2024-12-31 | 35.13% |
| 2024-09-30 | 34.82% |
| 2024-06-30 | 32.15% |
| 2024-03-31 | 31.06% |
| 2023-12-31 | 31.14% |
| 2023-09-30 | 32.41% |
| 2023-06-30 | 33.73% |
| 2023-03-31 | 35.12% |
| 2022-12-31 | 37.31% |
| 2022-09-30 | 38.71% |
| 2022-06-30 | 36.32% |
| 2022-03-31 | 36.24% |
| 2021-12-31 | 35.09% |
| 2021-09-30 | 35.13% |
| 2021-06-30 | 33.88% |
| 2021-03-31 | 34.90% |
| 2020-12-31 | 36.86% |
| 2020-09-30 | 35.66% |
| 2020-06-30 | 35.75% |
| 2020-03-31 | 37.92% |
| 2019-12-31 | 39.10% |
| 2019-09-30 | 33.37% |
| 2019-06-30 | 39.59% |
| 2019-03-31 | 39.51% |
| 2018-12-31 | 36.17% |
| 2018-09-30 | 36.99% |
| 2018-06-30 | 37.23% |
| 2018-03-31 | 36.84% |
| 2017-12-31 | 10.74% |
| 2017-09-30 | 11.24% |
| 2017-06-30 | 12.12% |
| 2017-03-31 | 12.71% |
| 2016-12-31 | 12.76% |
| 2016-09-30 | 13.41% |
| 2016-06-30 | 14.17% |
| 2016-03-31 | 14.55% |
| 2015-12-31 | 15.72% |
| 2015-09-30 | 15.09% |
| 2015-06-30 | 14.90% |
| 2015-03-31 | 16.33% |
| 2014-12-31 | 15.78% |
| 2014-09-30 | 17.04% |
| 2014-06-30 | 16.16% |
| 2014-03-31 | 17.37% |
| 2013-12-31 | 18.27% |
| 2013-09-30 | 15.84% |
| 2013-06-30 | 16.60% |
| 2013-03-31 | 11.08% |
| 2012-12-31 | 9.70% |
| 2012-09-30 | 11.72% |
| 2012-06-30 | 12.43% |
| 2012-03-31 | 12.77% |
| 2011-12-31 | 12.87% |
| 2011-09-30 | 12.84% |
| 2011-06-30 | 13.26% |
| 2011-03-31 | 13.42% |
| 2010-12-31 | 14.43% |
| 2010-09-30 | 14.97% |
| 2010-06-30 | 10.84% |
| 2010-03-31 | 11.15% |
| 2009-12-31 | 12.42% |
| 2009-09-30 | 8.49% |
| 2009-06-30 | 0.65% |
| 2009-03-31 | 1.21% |
| 2008-12-31 | 1.75% |
| 2008-09-30 | 2.55% |
| 2008-06-30 | 2.25% |
| 2008-03-31 | 2.45% |
| 2007-12-31 | 7.84% |
| 2007-09-30 | 2.91% |
| 2007-06-30 | 0.22% |
| 2007-03-31 | 1.64% |
| 2006-12-31 | 3.22% |
| 2006-09-30 | 3.31% |
| 2006-06-30 | 7.03% |
| 2006-03-31 | 9.27% |
| 2005-12-31 | 9.26% |
| 2005-09-30 | 13.60% |
| 2005-06-30 | 14.17% |
| 2005-03-31 | 11.22% |
| 2004-12-31 | 11.82% |
| 2004-09-30 | 13.19% |
| 2004-06-30 | 13.56% |
| 2004-03-31 | 14.50% |
| 2003-12-31 | 10.27% |
| 2003-09-30 | 0.36% |
| 2003-06-30 | 5.67% |
| 2003-03-31 | 6.09% |
| 2002-12-31 | 1.02% |
| 2002-09-30 | 1.28% |