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 6.21% is 47% below its 5-year average of 11.62%, near the low end of its 5-year range (6.04%–16.28%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.16% above its 12-month average of 6.20%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.21%.
DEBT TO ASSETS RATIO
6.21%
DEBT TO ASSETS RATIO AVG TTM
6.20%
DEBT TO ASSETS RATIO AVG 3Y
9.62%
DEBT TO ASSETS RATIO AVG 5Y
11.62%
DEBT TO ASSETS RATIO AVG 10Y
13.86%
DEBT TO ASSETS RATIO AVG 15Y
11.48%
DEBT TO ASSETS RATIO AVG 20Y
12.19%
CURRENT VS TTM AVG
+0.16%
CURRENT VS 3Y AVG
-35.42%
CURRENT VS 5Y AVG
-46.56%
CURRENT VS 10Y AVG
-55.19%
CURRENT VS 15Y AVG
-45.89%
CURRENT VS 20Y AVG
-49.05%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 739 covered companies
CURRENT VS SECTOR MEDIAN
+12322.70%
vs the sector median at left
First Internet Bancorp
Market Cap
$235.35M
Debt to Assets Ratio
6.21%
TTM Avg
6.20%
3Y Avg
9.62%
5Y Avg
11.62%
Market Cap
$235.78M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$235.80M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$236.48M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$237.40M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$232.99M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$232.99M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$238.07M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Internet Bancorp (INBK) | $235.35M | 6.21% | 6.20% | 9.62% | 11.62% |
| Illumination Acquisition Corp I Class A Ordinary Shares (ILLU)vs › | $235.78M | 0.00% | N/A | N/A | N/A |
| Iron Horse Acquisitions II Corp. Common Stock (IRHO)vs › | $235.80M | 0.00% | N/A | N/A | N/A |
| Community Bancorp (CMTV)vs › | $235.84M | 0.05% | N/A | N/A | N/A |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO)vs › | $236.48M | 0.00% | N/A | N/A | N/A |
| Space Asset Acquisition Corp. Class A Ordinary Shares (SAAQ)vs › | $237.40M | 0.00% | N/A | N/A | N/A |
| FG Imperii Acquisition Corp. Class A Ordinary Shares (FGII)vs › | $232.99M | 0.00% | N/A | N/A | N/A |
| Bluerock Acquisition Corp. Class A Ordinary Shares (BLRK)vs › | $232.99M | N/A | N/A | N/A | N/A |
| Inflection Point Acquisition Corp. VII (IPXG)vs › | $238.07M | N/A | N/A | N/A | N/A |
| Spring Valley Acquisition Corp. IV Class A Ordinary Shares (SVIV)vs › | $232.19M | 0.00% | N/A | N/A | N/A |
Debt/Assets
6.2%
Debt/Equity
0.95
Current ratio and interest coverage is unavailable for First Internet Bancorp: 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 | 6.21% |
| 2026-03-31 | 6.04% |
| 2025-12-31 | 6.37% |
| 2025-09-30 | 6.29% |
| 2025-06-30 | 6.09% |
| 2025-03-31 | 8.55% |
| 2024-12-31 | 6.97% |
| 2024-09-30 | 10.65% |
| 2024-06-30 | 12.73% |
| 2024-03-31 | 12.73% |
| 2023-12-31 | 13.93% |
| 2023-09-30 | 13.92% |
| 2023-06-30 | 14.55% |
| 2023-03-31 | 15.23% |
| 2022-12-31 | 15.84% |
| 2022-09-30 | 16.28% |
| 2022-06-30 | 13.89% |
| 2022-03-31 | 14.65% |
| 2021-12-31 | 14.70% |
| 2021-09-30 | 14.56% |
| 2021-06-30 | 13.91% |
| 2021-03-31 | 13.96% |
| 2020-12-31 | 14.00% |
| 2020-09-30 | 13.49% |
| 2020-06-30 | 13.52% |
| 2020-03-31 | 14.02% |
| 2019-12-31 | 14.25% |
| 2019-09-30 | 14.27% |
| 2019-06-30 | 14.76% |
| 2019-03-31 | 14.42% |
| 2018-12-31 | 15.78% |
| 2018-09-30 | 14.33% |
| 2018-06-30 | 13.61% |
| 2018-03-31 | 15.72% |
| 2017-12-31 | 16.15% |
| 2017-09-30 | 15.26% |
| 2017-06-30 | 19.81% |
| 2017-03-31 | 15.91% |
| 2016-12-31 | 12.22% |
| 2016-09-30 | 10.12% |
| 2016-06-30 | 9.44% |
| 2016-03-31 | 10.72% |
| 2015-12-31 | 16.04% |
| 2015-09-30 | 13.20% |
| 2015-06-30 | 13.02% |
| 2015-03-31 | 10.60% |
| 2014-12-31 | 11.31% |
| 2014-09-30 | 9.68% |
| 2014-06-30 | 2.84% |
| 2014-03-31 | 2.90% |
| 2013-12-31 | 4.31% |
| 2013-09-30 | 4.68% |
| 2013-06-30 | 4.03% |
| 2013-03-31 | 3.95% |
| 2012-12-31 | 6.39% |
| 2012-09-30 | 0.00% |
| 2008-12-31 | 20.99% |
| 2008-09-30 | 21.78% |
| 2008-06-30 | 17.87% |
| 2008-03-31 | 16.26% |
| 2007-12-31 | 17.46% |
| 2007-09-30 | 9.57% |
| 2007-06-30 | 10.17% |
| 2007-03-31 | 10.29% |
| 2006-12-31 | 11.52% |
| 2006-09-30 | 12.82% |
| 2006-06-30 | 13.15% |
| 2006-03-31 | 13.54% |
| 2005-12-31 | 13.83% |
| 2005-09-30 | 13.06% |
