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 5.77% is 56% below its 5-year average of 13.16%, near the low end of its 5-year range (5.77%–18.74%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.94% below its 12-month average of 7.79%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.77%.
DEBT TO ASSETS RATIO
5.77%
DEBT TO ASSETS RATIO AVG TTM
7.79%
DEBT TO ASSETS RATIO AVG 3Y
13.40%
DEBT TO ASSETS RATIO AVG 5Y
13.16%
DEBT TO ASSETS RATIO AVG 10Y
13.03%
DEBT TO ASSETS RATIO AVG 15Y
15.00%
DEBT TO ASSETS RATIO AVG 20Y
17.04%
CURRENT VS TTM AVG
-25.94%
CURRENT VS 3Y AVG
-56.96%
CURRENT VS 5Y AVG
-56.18%
CURRENT VS 10Y AVG
-55.75%
CURRENT VS 15Y AVG
-61.55%
CURRENT VS 20Y AVG
-66.15%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 512 covered companies
CURRENT VS SECTOR MEDIAN
+11432.79%
vs the sector median at left
Horizon Bancorp, Inc.
Market Cap
$998.01M
Debt to Assets Ratio
5.77%
TTM Avg
7.79%
3Y Avg
13.40%
5Y Avg
13.16%
Market Cap
$1.01B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.01B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.01B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.02B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.03B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$961.43M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.04B
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 |
|---|---|---|---|---|---|
| Horizon Bancorp, Inc. (HBNC) | $998.01M | 5.77% | 7.79% | 13.40% | 13.16% |
| CNB Financial Corporation (CCNE)vs › | $1.01B | 0.03% | N/A | N/A | N/A |
| Business First Bancshares, Inc. (BFST)vs › | $1.01B | 0.07% | N/A | N/A | N/A |
| MetroCity Bankshares, Inc. (MCBS)vs › | $1.01B | 0.09% | N/A | N/A | N/A |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 0.03% | N/A | N/A | N/A |
| Mercantile Bank Corporation (MBWM)vs › | $1.03B | 0.10% | N/A | N/A | N/A |
| Camden National Corp. (CAC)vs › | $961.43M | 0.08% | N/A | N/A | N/A |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.04B | 0.00% | N/A | N/A | N/A |
| Northeast Bank (NBN)vs › | $1.05B | 0.16% | N/A | N/A | N/A |
| Hanmi Financial Corporation (HAFC)vs › | $942.40M | 0.02% | N/A | N/A | N/A |
Debt/Assets
5.8%
Debt/Equity
0.52
Current ratio and interest coverage is unavailable for Horizon Bancorp, Inc.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 5.77% |
| 2026-03-31 | 5.82% |
| 2025-12-31 | 6.28% |
| 2025-09-30 | 6.84% |
| 2025-06-30 | 14.23% |
| 2025-03-31 | 13.29% |
| 2024-12-31 | 17.25% |
| 2024-09-30 | 17.39% |
| 2024-06-30 | 18.58% |
| 2024-03-31 | 18.74% |
| 2023-12-31 | 13.05% |
| 2023-09-30 | 18.50% |
| 2023-06-30 | 18.44% |
| 2023-03-31 | 18.08% |
| 2022-12-31 | 12.89% |
| 2022-09-30 | 15.08% |
| 2022-06-30 | 14.07% |
| 2022-03-31 | 11.38% |
| 2021-12-31 | 11.17% |
| 2021-09-30 | 10.43% |
| 2021-06-30 | 9.08% |
| 2021-03-31 | 9.85% |
| 2020-12-31 | 10.03% |
| 2020-09-30 | 12.13% |
| 2020-06-30 | 12.17% |
| 2020-03-31 | 14.22% |
| 2019-12-31 | 11.55% |
| 2019-09-30 | 11.04% |
| 2019-06-30 | 9.66% |
| 2019-03-31 | 10.16% |
| 2018-12-31 | 13.85% |
| 2018-09-30 | 12.42% |
| 2018-06-30 | 13.80% |
| 2018-03-31 | 14.06% |
| 2017-12-31 | 15.18% |
| 2017-09-30 | 14.09% |
| 2017-06-30 | 15.74% |
| 2017-03-31 | 11.28% |
| 2016-12-31 | 10.33% |
| 2016-09-30 | 18.32% |
| 2016-06-30 | 18.02% |
| 2016-03-31 | 17.63% |
| 2015-12-31 | 18.18% |
| 2015-09-30 | 15.56% |
| 2015-06-30 | 18.83% |
| 2015-03-31 | 21.96% |
| 2014-12-31 | 18.48% |
| 2014-09-30 | 18.79% |
| 2014-06-30 | 17.98% |
| 2014-03-31 | 14.87% |
| 2013-12-31 | 16.42% |
| 2013-09-30 | 15.44% |
| 2013-06-30 | 17.65% |
| 2013-03-31 | 13.91% |
| 2012-12-31 | 20.46% |
| 2012-09-30 | 19.79% |
| 2012-06-30 | 23.71% |
| 2012-03-31 | 22.08% |
| 2011-12-31 | 25.90% |
| 2011-09-30 | 24.60% |
| 2011-06-30 | 18.45% |
| 2011-03-31 | 18.44% |
| 2010-12-31 | 20.80% |
| 2010-09-30 | 23.51% |
| 2010-06-30 | 21.41% |
| 2010-03-31 | 23.13% |
| 2009-12-31 | 22.48% |
| 2009-09-30 | 25.71% |
| 2009-06-30 | 28.09% |
| 2009-03-31 | 24.17% |
| 2008-12-31 | 37.83% |
| 2008-09-30 | 29.97% |
| 2008-06-30 | 26.90% |
| 2008-03-31 | 22.71% |
| 2007-12-31 | 22.77% |
| 2007-09-30 | 26.99% |
| 2007-06-30 | 25.19% |
| 2007-03-31 | 21.80% |
| 2006-12-31 | 19.63% |
| 2006-09-30 | 23.93% |
| 2006-06-30 | 20.32% |
| 2006-03-31 | 21.78% |
| 2005-12-31 | 18.75% |
| 2005-09-30 | 21.91% |
| 2005-06-30 | 21.23% |
| 2005-03-31 | 24.28% |
| 2004-12-31 | 26.77% |
| 2004-09-30 | 18.31% |
| 2004-06-30 | 20.15% |
| 2004-03-31 | 23.53% |
| 2003-12-31 | 20.90% |
| 2003-09-30 | 22.32% |
| 2003-06-30 | 30.64% |
| 2003-03-31 | 24.51% |
| 2002-12-31 | 25.48% |
| 2002-09-30 | 23.81% |
