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 18.96% is 33% below its 5-year average of 28.20%, around the middle of its 5-year range (1.21%–46.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 161.36% above its 12-month average of 7.25%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 18.96%.
DEBT TO ASSETS RATIO
18.96%
DEBT TO ASSETS RATIO AVG TTM
7.25%
DEBT TO ASSETS RATIO AVG 3Y
21.19%
DEBT TO ASSETS RATIO AVG 5Y
28.20%
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
+161.36%
CURRENT VS 3Y AVG
-10.51%
CURRENT VS 5Y AVG
-32.77%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 478 covered companies
CURRENT VS SECTOR MEDIAN
+14484.10%
vs the sector median at left
i3 Verticals, Inc.
Market Cap
$355.08M
Debt to Assets Ratio
18.96%
TTM Avg
7.25%
3Y Avg
21.19%
5Y Avg
28.20%
Market Cap
$358.88M
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$377.11M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$333.93M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$324.05M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| i3 Verticals, Inc. (IIIV) | $355.08M | 18.96% | 7.25% | 21.19% | 28.20% |
| International Money Express, Inc. (IMXI)vs › | $358.88M | 0.30% | N/A | N/A | N/A |
| SEALSQ Corp (LAES)vs › | $352.19M | 0.01% | N/A | N/A | N/A |
| Cerence Inc. (CRNC)vs › | $365.57M | 0.30% | N/A | N/A | N/A |
| PowerFleet, Inc. (AIOT)vs › | $373.82M | 0.31% | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $377.11M | 0.17% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $333.93M | 0.04% | N/A | N/A | N/A |
| Lantronix, Inc. (LTRX)vs › | $327.20M | 0.05% | N/A | N/A | N/A |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $324.05M | 0.25% | N/A | N/A | N/A |
| Currenc Group, Inc. (CURR)vs › | $322.25M | 0.15% | N/A | N/A | N/A |
Debt/Assets
19.0%
Debt/Equity
0.42
Current Ratio
1.21
Interest Coverage
1.7x
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 | 18.96% |
| 2026-03-31 | 13.45% |
| 2025-12-31 | 1.24% |
| 2025-09-30 | 1.21% |
| 2025-06-30 | 1.41% |
| 2025-03-31 | 3.10% |
| 2024-12-31 | 5.56% |
| 2024-09-30 | 5.24% |
| 2024-06-30 | 44.62% |
| 2024-03-31 | 44.30% |
| 2023-12-31 | 44.73% |
| 2023-09-30 | 45.30% |
| 2023-06-30 | 46.29% |
| 2023-03-31 | 45.51% |
| 2022-12-31 | 45.47% |
| 2022-09-30 | 39.67% |
| 2022-06-30 | 41.97% |
| 2022-03-31 | 39.87% |
| 2021-12-31 | 35.83% |
| 2021-09-30 | 33.10% |
| 2021-06-30 | 35.34% |
| 2021-03-31 | 32.16% |
| 2020-12-31 | 30.65% |
| 2020-09-30 | 22.49% |
| 2020-06-30 | 37.21% |
| 2020-03-31 | 35.09% |
| 2019-12-31 | 38.10% |
| 2019-09-30 | 39.88% |
| 2019-06-30 | 40.10% |
| 2019-03-31 | 34.44% |
| 2018-12-31 | 27.39% |
| 2018-09-30 | 21.00% |
| 2018-06-30 | 20.72% |
| 2018-03-31 | 78.12% |
| 2017-12-31 | 78.21% |
| 2017-09-30 | 79.17% |