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 27.85% is 200% above its 5-year average of 9.27%, near the high end of its 5-year range (3.70%–27.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 91.18% above its 12-month average of 14.57%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 27.85%.
DEBT TO ASSETS RATIO
27.85%
DEBT TO ASSETS RATIO AVG TTM
14.57%
DEBT TO ASSETS RATIO AVG 3Y
10.00%
DEBT TO ASSETS RATIO AVG 5Y
9.27%
DEBT TO ASSETS RATIO AVG 10Y
7.73%
DEBT TO ASSETS RATIO AVG 15Y
4.72%
DEBT TO ASSETS RATIO AVG 20Y
7.08%
CURRENT VS TTM AVG
+91.18%
CURRENT VS 3Y AVG
+178.64%
CURRENT VS 5Y AVG
+200.42%
CURRENT VS 10Y AVG
+260.48%
CURRENT VS 15Y AVG
+490.36%
CURRENT VS 20Y AVG
+293.38%
SECTOR MEDIAN · INDUSTRIALS
0.25%
median of 345 covered companies
CURRENT VS SECTOR MEDIAN
+11041.90%
vs the sector median at left
Highway Holdings Limited
Market Cap
$4.20M
Debt to Assets Ratio
27.85%
TTM Avg
14.57%
3Y Avg
10.00%
5Y Avg
9.27%
Market Cap
$4.07M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.44M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.50M
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.55M
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.62M
Debt to Assets Ratio
1.56%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.66M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.70M
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 |
|---|---|---|---|---|---|
| Highway Holdings Limited (HIHO) | $4.20M | 27.85% | 14.57% | 10.00% | 9.27% |
| Liberty Defense Holdings, Ltd. Common Shares (DETX)vs › | $4.07M | N/A | N/A | N/A | N/A |
| FBS Global Limited Ordinary Shares (FBGL)vs › | $4.44M | 0.00% | N/A | N/A | N/A |
| Haoxin Holdings Limited Class A Ordinary Shares (HXHX)vs › | $4.50M | 0.23% | N/A | N/A | N/A |
| E-Power Inc. Class A (EPOW)vs › | $4.55M | 0.52% | N/A | N/A | N/A |
| Hydrofarm Holdings Group, Inc. (HYFM)vs › | $4.62M | 1.56% | N/A | N/A | N/A |
| JBDI Holdings Limited (JBDI)vs › | $4.66M | 0.17% | N/A | N/A | N/A |
| Baiya International Group Inc. (BIYA)vs › | $3.70M | 0.00% | N/A | N/A | N/A |
| INLIF Limited (INLF)vs › | $3.56M | 0.08% | N/A | N/A | N/A |
| Iveda Solutions, Inc. (IVDA)vs › | $3.34M | 0.11% | N/A | N/A | N/A |
Debt/Assets
27.9%
Debt/Equity
0.59
Current Ratio
2.42
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 | 27.85% |
| 2026-03-31 | 27.87% |
| 2025-12-31 | 4.12% |
| 2025-09-30 | 5.85% |
| 2025-06-30 | 7.15% |
| 2025-03-31 | 8.48% |
| 2024-12-31 | 9.43% |
| 2024-09-30 | 10.21% |
| 2024-06-30 | 11.44% |
| 2024-03-31 | 12.29% |
| 2023-12-31 | 12.71% |
| 2023-09-30 | 13.78% |
| 2023-06-30 | 14.50% |
| 2023-03-31 | 14.80% |
| 2022-12-31 | 3.70% |
| 2022-09-30 | 4.16% |
| 2022-06-30 | 5.34% |
| 2022-03-31 | 8.08% |
| 2021-12-31 | 9.41% |
| 2021-09-30 | 9.48% |
| 2021-06-30 | 11.22% |
| 2021-03-31 | 12.68% |
| 2020-12-31 | 13.24% |
| 2020-09-30 | 14.94% |
| 2020-06-30 | 15.51% |
| 2020-03-31 | 15.50% |
| 2019-12-31 | 2.67% |
| 2019-09-30 | 4.33% |
| 2019-06-30 | 6.05% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.73% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 1.99% |
| 2012-03-31 | 2.27% |
| 2011-12-31 | 2.56% |
| 2011-09-30 | 3.20% |
| 2011-06-30 | 6.53% |
| 2011-03-31 | 4.91% |
| 2010-12-31 | 11.66% |
| 2010-09-30 | 10.95% |
| 2010-06-30 | 6.47% |
| 2010-03-31 | 6.65% |
| 2009-12-31 | 6.65% |
| 2009-09-30 | 5.97% |
| 2009-06-30 | 9.08% |
| 2009-03-31 | 13.49% |
| 2008-12-31 | 11.94% |
| 2008-09-30 | 21.38% |
| 2008-06-30 | 13.36% |
| 2008-03-31 | 14.87% |
| 2007-12-31 | 13.41% |
| 2007-09-30 | 16.43% |
| 2007-06-30 | 12.22% |
| 2007-03-31 | 18.87% |
| 2006-12-31 | 14.91% |
| 2006-09-30 | 15.31% |
| 2006-06-30 | 10.92% |
| 2006-03-31 | 14.92% |
| 2005-12-31 | 10.20% |
| 2005-09-30 | 9.66% |
| 2005-06-30 | 20.64% |
| 2005-03-31 | 12.02% |
| 2004-12-31 | 12.78% |
| 2004-09-30 | 8.29% |
| 2004-06-30 | 11.35% |
| 2004-03-31 | 12.40% |
| 2003-12-31 | 9.06% |
| 2003-09-30 | 8.34% |
| 2003-06-30 | 9.98% |
| 2003-03-31 | 8.40% |
| 2002-12-31 | 8.37% |
| 2002-09-30 | 10.79% |