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 7.60% is 16% below its 5-year average of 9.09%, around the middle of its 5-year range (3.34%–14.27%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.19% above its 12-month average of 6.90%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.60%.
DEBT TO ASSETS RATIO
7.60%
DEBT TO ASSETS RATIO AVG TTM
6.90%
DEBT TO ASSETS RATIO AVG 3Y
8.39%
DEBT TO ASSETS RATIO AVG 5Y
9.09%
DEBT TO ASSETS RATIO AVG 10Y
8.11%
DEBT TO ASSETS RATIO AVG 15Y
9.03%
DEBT TO ASSETS RATIO AVG 20Y
10.29%
CURRENT VS TTM AVG
+10.19%
CURRENT VS 3Y AVG
-9.48%
CURRENT VS 5Y AVG
-16.43%
CURRENT VS 10Y AVG
-6.31%
CURRENT VS 15Y AVG
-15.83%
CURRENT VS 20Y AVG
-26.15%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 686 covered companies
CURRENT VS SECTOR MEDIAN
+15098.15%
vs the sector median at left
Heritage Global Inc.
Market Cap
$44.85M
Debt to Assets Ratio
7.60%
TTM Avg
6.90%
3Y Avg
8.39%
5Y Avg
9.09%
Market Cap
$45.00M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$44.37M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.47M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.91M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.07M
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.20M
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 |
|---|---|---|---|---|---|
| Heritage Global Inc. (HGBL) | $44.85M | 7.60% | 6.90% | 8.39% | 9.09% |
| Marathon Bancorp, Inc. (MBBC)vs › | $45.00M | 0.08% | N/A | N/A | N/A |
| Quetta Acquisition Corporation (QETA)vs › | $44.37M | 0.00% | N/A | N/A | N/A |
| Avalanche Treasury Corporation Class A Common Stock (AVAT)vs › | $45.47M | N/A | N/A | N/A | N/A |
| Innventure, Inc. (INV)vs › | $44.19M | 0.05% | N/A | N/A | N/A |
| Dominari Holdings Inc. (DOMH)vs › | $45.91M | 0.05% | N/A | N/A | N/A |
| Sol Strategies Inc. Common Shares (STKE)vs › | $46.07M | 0.49% | N/A | N/A | N/A |
| Kestrel Group Ltd (KG)vs › | $42.64M | 0.19% | N/A | N/A | N/A |
| DT Cloud Star Acquisition Corporation (DTSQ)vs › | $42.20M | 0.00% | N/A | N/A | N/A |
| YHN Acquisition I Limited (YHNA)vs › | $47.70M | 0.05% | N/A | N/A | N/A |
Debt/Assets
7.6%
Debt/Equity
0.10
Current Ratio
1.69
Interest Coverage
N/A
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 | 7.60% |
| 2026-03-31 | 6.51% |
| 2025-12-31 | 6.47% |
| 2025-09-30 | 6.82% |
| 2025-06-30 | 7.08% |
| 2025-03-31 | 7.52% |
| 2024-12-31 | 3.34% |
| 2024-09-30 | 3.40% |
| 2024-06-30 | 9.67% |
| 2024-03-31 | 11.10% |
| 2023-12-31 | 11.57% |
| 2023-09-30 | 14.27% |
| 2023-06-30 | 13.80% |
| 2023-03-31 | 10.58% |
| 2022-12-31 | 10.58% |
| 2022-09-30 | 8.24% |
| 2022-06-30 | 10.48% |
| 2022-03-31 | 11.22% |
| 2021-12-31 | 13.04% |
| 2021-09-30 | 10.73% |
| 2021-06-30 | 6.96% |
| 2021-03-31 | 2.22% |
| 2020-12-31 | 2.25% |
| 2020-09-30 | 4.78% |
| 2020-06-30 | 6.48% |
| 2020-03-31 | 7.96% |
| 2019-12-31 | 9.09% |
| 2019-09-30 | 6.56% |
| 2019-06-30 | 7.26% |
| 2019-03-31 | 16.65% |
| 2018-12-31 | 7.83% |
| 2018-09-30 | 6.03% |
| 2018-06-30 | 6.86% |
| 2018-03-31 | 9.37% |
| 2017-12-31 | 11.33% |
| 2017-09-30 | 3.70% |
| 2017-06-30 | 4.12% |
| 2017-03-31 | 4.87% |
| 2016-12-31 | 6.68% |
| 2016-09-30 | 9.42% |
| 2016-06-30 | 23.48% |
| 2016-03-31 | 23.93% |
| 2015-12-31 | 22.45% |
| 2015-09-30 | 17.10% |
| 2015-06-30 | 15.01% |
| 2015-03-31 | 6.98% |
| 2014-12-31 | 19.15% |
| 2014-09-30 | 18.29% |
| 2014-06-30 | 18.56% |
| 2014-03-31 | 18.15% |
| 2013-12-31 | 7.98% |
| 2013-09-30 | 9.00% |
| 2013-06-30 | 9.54% |
| 2013-03-31 | 11.36% |
| 2012-12-31 | 17.75% |
| 2012-09-30 | 7.93% |
| 2012-06-30 | 6.52% |
| 2012-03-31 | 2.66% |
| 2011-12-31 | 6.56% |
| 2011-09-30 | 11.76% |
| 2011-06-30 | 5.08% |
| 2011-03-31 | 30.21% |
| 2010-12-31 | 26.88% |
| 2010-09-30 | 23.78% |
| 2010-06-30 | 35.77% |
| 2010-03-31 | 44.16% |
| 2009-12-31 | 39.79% |
| 2009-09-30 | 43.84% |
| 2009-06-30 | 39.13% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 130.01% |
| 2007-09-30 | 251.32% |
| 2007-06-30 | 163.97% |
| 2007-03-31 | 140.70% |
| 2006-12-31 | 94.16% |
| 2006-09-30 | 5039.58% |
| 2006-06-30 | 3725.02% |
| 2006-03-31 | 2974.42% |
| 2005-12-31 | 2145.13% |
| 2005-09-30 | 2065.50% |
| 2005-06-30 | 376.42% |
| 2005-03-31 | 303.94% |
| 2004-12-31 | 240.35% |
| 2004-09-30 | 203.46% |
| 2004-06-30 | 175.43% |
| 2004-03-31 | 160.58% |
| 2003-12-31 | 137.17% |
| 2003-09-30 | 209.51% |
| 2003-06-30 | 202.30% |
| 2003-03-31 | 170.66% |
| 2002-12-31 | 171.39% |
| 2002-09-30 | 211.90% |
