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 0.67% is 28% below its 5-year average of 0.93%, near the low end of its 5-year range (0.66%–1.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.05% below its 12-month average of 0.70%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.67%.
DEBT TO ASSETS RATIO
0.67%
DEBT TO ASSETS RATIO AVG TTM
0.70%
DEBT TO ASSETS RATIO AVG 3Y
0.69%
DEBT TO ASSETS RATIO AVG 5Y
0.93%
DEBT TO ASSETS RATIO AVG 10Y
1.37%
DEBT TO ASSETS RATIO AVG 15Y
1.53%
DEBT TO ASSETS RATIO AVG 20Y
2.10%
CURRENT VS TTM AVG
-4.05%
CURRENT VS 3Y AVG
-3.42%
CURRENT VS 5Y AVG
-28.12%
CURRENT VS 10Y AVG
-51.05%
CURRENT VS 15Y AVG
-56.08%
CURRENT VS 20Y AVG
-68.08%
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 484 covered companies
CURRENT VS SECTOR MEDIAN
+415.68%
vs the sector median at left
IPG Photonics Corporation
Market Cap
$3.52B
Debt to Assets Ratio
0.67%
TTM Avg
0.70%
3Y Avg
0.69%
5Y Avg
0.93%
Market Cap
$3.42B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.42B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.31B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IPG Photonics Corporation (IPGP) | $3.52B | 0.67% | 0.70% | 0.69% | 0.93% |
| Cohu, Inc. (COHU)vs › | $3.47B | 0.26% | N/A | N/A | N/A |
| monday.com Ltd. (MNDY)vs › | $3.59B | 0.15% | N/A | N/A | N/A |
| Shift4 Payments, Inc. (FOUR)vs › | $3.42B | 0.53% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.42B | 0.18% | N/A | N/A | N/A |
| Life360, Inc. (LIF)vs › | $3.38B | 0.30% | N/A | N/A | N/A |
| Aehr Test Systems (AEHR)vs › | $3.35B | 0.04% | N/A | N/A | N/A |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.31B | 0.40% | N/A | N/A | N/A |
| Wix.com Ltd. (WIX)vs › | $3.83B | 1.10% | N/A | N/A | N/A |
| Itron, Inc. (ITRI)vs › | $3.84B | 0.04% | N/A | N/A | N/A |
Debt/Assets
0.7%
Debt/Equity
0.01
Current Ratio
6.18
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 | 0.67% |
| 2026-03-31 | 0.67% |
| 2025-12-31 | 0.71% |
| 2025-09-30 | 0.73% |
| 2025-06-30 | 0.71% |
| 2025-03-31 | 0.70% |
| 2024-12-31 | 0.78% |
| 2024-09-30 | 0.70% |
| 2024-06-30 | 0.70% |
| 2024-03-31 | 0.73% |
| 2023-12-31 | 0.68% |
| 2023-09-30 | 0.66% |
| 2023-06-30 | 0.67% |
| 2023-03-31 | 1.37% |
| 2022-12-31 | 1.39% |
| 2022-09-30 | 0.73% |
| 2022-06-30 | 1.27% |
| 2022-03-31 | 1.26% |
| 2021-12-31 | 1.83% |
| 2021-09-30 | 1.28% |
| 2021-06-30 | 1.34% |
| 2021-03-31 | 1.43% |
| 2020-12-31 | 1.49% |
| 2020-09-30 | 1.59% |
| 2020-06-30 | 1.63% |
| 2020-03-31 | 1.71% |
| 2019-12-31 | 1.72% |
| 2019-09-30 | 1.56% |
| 2019-06-30 | 1.59% |
| 2019-03-31 | 1.69% |
| 2018-12-31 | 1.76% |
| 2018-09-30 | 1.81% |
| 2018-06-30 | 1.86% |
| 2018-03-31 | 1.93% |
| 2017-12-31 | 2.07% |
| 2017-09-30 | 2.22% |
| 2017-06-30 | 1.11% |
| 2017-03-31 | 2.10% |
| 2016-12-31 | 2.28% |
| 2016-09-30 | 2.41% |
| 2016-06-30 | 2.60% |
| 2016-03-31 | 1.24% |
| 2015-12-31 | 1.35% |
| 2015-09-30 | 1.45% |
| 2015-06-30 | 1.67% |
| 2015-03-31 | 2.62% |
| 2014-12-31 | 2.94% |
| 2014-09-30 | 1.18% |
| 2014-06-30 | 1.27% |
| 2014-03-31 | 1.33% |
| 2013-12-31 | 1.50% |
| 2013-09-30 | 1.44% |
| 2013-06-30 | 1.61% |
| 2013-03-31 | 2.67% |
| 2012-12-31 | 2.02% |
| 2012-09-30 | 2.37% |
| 2012-06-30 | 2.54% |
| 2012-03-31 | 3.16% |
| 2011-12-31 | 4.01% |
| 2011-09-30 | 4.29% |
| 2011-06-30 | 4.55% |
| 2011-03-31 | 5.16% |
| 2010-12-31 | 5.39% |
| 2010-09-30 | 5.98% |
| 2010-06-30 | 7.28% |
| 2010-03-31 | 7.86% |
| 2009-12-31 | 7.68% |
| 2009-09-30 | 10.60% |
| 2009-06-30 | 15.50% |
| 2009-03-31 | 15.53% |
| 2008-12-31 | 12.48% |
| 2008-09-30 | 11.74% |
| 2008-06-30 | 13.16% |
| 2008-03-31 | 12.28% |
| 2007-12-31 | 11.86% |
| 2007-09-30 | 13.77% |
| 2007-06-30 | 12.80% |
| 2007-03-31 | 9.46% |
| 2006-12-31 | 17.62% |
| 2006-09-30 | 21.95% |
| 2006-06-30 | 39.50% |
| 2005-12-31 | 42.84% |
| 2004-12-31 | 48.50% |