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 17.06% is 84% above its 5-year average of 9.28%, near the high end of its 5-year range (4.76%–19.75%).
As of the fiscal period ended Sunday, May 31, 2026. 7.11% above its 12-month average of 15.93%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-05-31): 17.06%.
DEBT TO ASSETS RATIO
17.06%
DEBT TO ASSETS RATIO AVG TTM
15.93%
DEBT TO ASSETS RATIO AVG 3Y
11.33%
DEBT TO ASSETS RATIO AVG 5Y
9.28%
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
+7.11%
CURRENT VS 3Y AVG
+50.51%
CURRENT VS 5Y AVG
+83.90%
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 607 covered companies
CURRENT VS SECTOR MEDIAN
+13021.58%
vs the sector median at left
Karooooo Ltd.
Market Cap
$1.91B
Debt to Assets Ratio
17.06%
TTM Avg
15.93%
3Y Avg
11.33%
5Y Avg
9.28%
Market Cap
$1.80B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Karooooo Ltd. (KARO) | $1.91B | 17.06% | 15.93% | 11.33% | 9.28% |
| Bandwidth Inc. (BAND)vs › | $1.94B | 0.50% | N/A | N/A | N/A |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 0.02% | N/A | N/A | N/A |
| Blackbaud, Inc. (BLKB)vs › | $1.97B | 0.44% | N/A | N/A | N/A |
| Photronics, Inc. (PLAB)vs › | $1.82B | 0.00% | N/A | N/A | N/A |
| Quantum Computing, Inc. (QUBT)vs › | $1.80B | 0.01% | N/A | N/A | N/A |
| BitVentures Limited (BVC)vs › | $2.02B | 0.00% | N/A | N/A | N/A |
| NextNav Inc. (NN)vs › | $1.79B | 0.03% | N/A | N/A | N/A |
| Nayax Ltd. (NYAX)vs › | $1.78B | 0.39% | N/A | N/A | N/A |
| Sonos, Inc. (SONO)vs › | $2.06B | 0.06% | N/A | N/A | N/A |
Debt/Assets
17.1%
Debt/Equity
0.30
Current Ratio
1.02
Interest Coverage
18.2x
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 | 17.06% |
| 2026-02-28 | 19.75% |
| 2025-11-30 | 15.35% |
| 2025-08-31 | 17.10% |
| 2025-05-31 | 10.38% |
| 2025-02-28 | 14.27% |
| 2024-11-30 | 12.06% |
| 2024-08-31 | 12.11% |
| 2024-05-31 | 6.10% |
| 2024-02-28 | 6.17% |
| 2023-11-30 | 6.07% |
| 2023-08-31 | 5.82% |
| 2023-05-31 | 5.10% |
| 2023-02-28 | 4.82% |
| 2022-11-30 | 5.13% |
| 2022-08-31 | 5.01% |
| 2022-05-31 | 5.69% |
| 2022-02-28 | 6.96% |
| 2021-11-30 | 7.75% |
| 2021-08-31 | 7.32% |
| 2021-05-31 | 4.76% |
| 2021-02-28 | 35.18% |
| 2020-11-30 | 6.45% |
| 2020-08-31 | 5.90% |
| 2020-05-31 | 6.38% |
| 2020-02-28 | 6.61% |
