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 48.37% is 12% below its 5-year average of 54.82%, near the low end of its 5-year range (46.26%–59.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.86% below its 12-month average of 55.50%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 48.37%.
DEBT TO ASSETS RATIO
48.37%
DEBT TO ASSETS RATIO AVG TTM
55.50%
DEBT TO ASSETS RATIO AVG 3Y
56.49%
DEBT TO ASSETS RATIO AVG 5Y
54.82%
DEBT TO ASSETS RATIO AVG 10Y
48.45%
DEBT TO ASSETS RATIO AVG 15Y
45.35%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-12.86%
CURRENT VS 3Y AVG
-14.39%
CURRENT VS 5Y AVG
-11.76%
CURRENT VS 10Y AVG
-0.18%
CURRENT VS 15Y AVG
+6.66%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 577 covered companies
CURRENT VS SECTOR MEDIAN
+96635.52%
vs the sector median at left
Horizon Technology Finance Corporation
Market Cap
$231.13M
Debt to Assets Ratio
48.37%
TTM Avg
55.50%
3Y Avg
56.49%
5Y Avg
54.82%
Market Cap
$231.61M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$231.84M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$231.93M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$229.75M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$233.22M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$233.22M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$234.70M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Horizon Technology Finance Corporation (HRZN) | $231.13M | 48.37% | 55.50% | 56.49% | 54.82% |
| American Drive Acquisition Company Class A Ordinary Shares (ADAC)vs › | $231.61M | 0.00% | N/A | N/A | N/A |
| Launchpad Cadenza Acquisition Corp I Class A Ordinary Share (LPCV)vs › | $231.84M | 0.00% | N/A | N/A | N/A |
| ITHAX Acquisition Corp III (ITHA)vs › | $231.93M | 0.00% | N/A | N/A | N/A |
| Bitcoin Infrastructure Acquisition Corp Ltd. (BIXI)vs › | $229.75M | N/A | N/A | N/A | N/A |
| Bluerock Acquisition Corp. Class A Ordinary Shares (BLRK)vs › | $233.22M | N/A | N/A | N/A | N/A |
| FG Imperii Acquisition Corp. Class A Ordinary Shares (FGII)vs › | $233.22M | 0.00% | N/A | N/A | N/A |
| OP Bancorp (OPBK)vs › | $228.92M | 0.04% | N/A | N/A | N/A |
| First Internet Bancorp (INBK)vs › | $234.70M | 0.06% | N/A | N/A | N/A |
| Illumination Acquisition Corp I Class A Ordinary Shares (ILLU)vs › | $235.78M | 0.00% | N/A | N/A | N/A |
Debt/Assets
48.4%
Debt/Equity
0.96
Current ratio and interest coverage is unavailable for Horizon Technology Finance Corporation: 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 | 48.37% |
| 2026-03-31 | 56.49% |
| 2025-12-31 | 58.32% |
| 2025-09-30 | 55.85% |
| 2025-06-30 | 58.49% |
| 2025-03-31 | 59.18% |
| 2024-12-31 | 56.93% |
| 2024-09-30 | 54.72% |
| 2024-06-30 | 56.23% |
| 2024-03-31 | 56.40% |
| 2023-12-31 | 57.61% |
| 2023-09-30 | 54.63% |
| 2023-06-30 | 53.09% |
| 2023-03-31 | 56.49% |
| 2022-12-31 | 56.61% |
| 2022-09-30 | 52.69% |
| 2022-06-30 | 54.62% |
| 2022-03-31 | 46.26% |
| 2021-12-31 | 50.12% |
| 2021-09-30 | 50.98% |
| 2021-06-30 | 48.49% |
| 2021-03-31 | 51.54% |
| 2020-12-31 | 45.64% |
| 2020-09-30 | 43.35% |
| 2020-06-30 | 48.00% |
| 2020-03-31 | 47.13% |
| 2019-12-31 | 44.20% |
| 2019-09-30 | 46.14% |
| 2019-06-30 | 43.38% |
| 2019-03-31 | 44.75% |
| 2018-12-31 | 47.56% |
| 2018-09-30 | 44.53% |
| 2018-06-30 | 42.83% |
| 2018-03-31 | 40.27% |
| 2017-12-31 | 40.18% |
| 2017-09-30 | 31.30% |
| 2017-06-30 | 28.25% |
| 2017-03-31 | 37.24% |
| 2016-12-31 | 39.96% |
| 2016-09-30 | 39.14% |
| 2016-06-30 | 38.67% |
| 2016-03-31 | 40.01% |
| 2015-12-31 | 41.13% |
| 2015-09-30 | 38.25% |
| 2015-06-30 | 35.68% |
| 2015-03-31 | 30.29% |
| 2014-12-31 | 36.30% |
| 2014-09-30 | 37.79% |
| 2014-06-30 | 43.04% |
| 2014-03-31 | 45.55% |
| 2013-12-31 | 46.39% |
| 2013-09-30 | 47.19% |
| 2013-06-30 | 47.21% |
| 2013-03-31 | 42.30% |
| 2012-12-31 | 37.14% |
| 2012-09-30 | 32.40% |
| 2012-06-30 | 38.31% |
| 2012-03-31 | 34.87% |
| 2011-12-31 | 32.64% |
| 2011-09-30 | 37.76% |
| 2011-06-30 | 35.36% |
| 2011-03-31 | 41.12% |
| 2010-12-31 | 40.44% |
| 2010-09-30 | 55.61% |
| 2009-12-31 | 51.39% |
