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 0.09% is 88% below its 3-year average of 0.69%, near the low end of its 3-year range (0.00%–113.68%).
As of the fiscal period ended Sunday, May 31, 2026. 40.93% below its 12-month average of 0.15%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-05-31): 0.09%.
DEBT TO ASSETS RATIO
0.09%
DEBT TO ASSETS RATIO AVG TTM
0.15%
DEBT TO ASSETS RATIO AVG 3Y
0.75%
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-40.93%
CURRENT VS 3Y AVG
-88.57%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
-62.64%
vs the sector median at left
New Horizon Aircraft Ltd
Market Cap
$106.92M
Debt to Assets Ratio
0.09%
TTM Avg
0.15%
3Y Avg
0.75%
5Y Avg
N/A
Market Cap
$105.49M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$108.93M
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$101.76M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$100.06M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$115.21M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$117.40M
Debt to Assets Ratio
0.55%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.97M
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Horizon Aircraft Ltd (HOVR) | $106.92M | 0.09% | 0.15% | 0.75% | N/A |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | 0.10% | N/A | N/A | N/A |
| Ultralife Corporation (ULBI)vs › | $108.93M | 0.22% | N/A | N/A | N/A |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $101.76M | 0.00% | N/A | N/A | N/A |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $100.06M | 0.25% | N/A | N/A | N/A |
| Broadwind, Inc. (BWEN)vs › | $99.47M | 0.19% | N/A | N/A | N/A |
| Orion Energy Systems, Inc. (OESX)vs › | $115.21M | 0.12% | N/A | N/A | N/A |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 0.55% | N/A | N/A | N/A |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $94.97M | 0.18% | N/A | N/A | N/A |
| RF Industries, Ltd. (RFIL)vs › | $93.94M | 0.32% | N/A | N/A | N/A |
Debt/Assets
0.1%
Debt/Equity
0.00
Current Ratio
22.76
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 |
|---|---|
| 2026-05-31 | 0.09% |
| 2026-02-28 | 0.06% |
| 2025-11-30 | 0.07% |
| 2025-08-31 | 0.15% |
| 2025-05-31 | 0.36% |
| 2025-02-28 | 0.34% |
| 2024-11-30 | 2.45% |
| 2024-08-31 | 0.98% |
| 2024-05-31 | 1.50% |
| 2024-02-29 | 1.29% |
| 2023-12-31 | 0.18% |
| 2023-09-30 | 1.56% |
| 2023-06-30 | 113.68% |
| 2023-03-31 | 0.00% |
| 2022-12-31 | 65.41% |
