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 2.87% is 39% below its 5-year average of 4.68%, near the low end of its 5-year range (2.87%–11.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 66.24% below its 12-month average of 8.49%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.87%.
DEBT TO ASSETS RATIO
2.87%
DEBT TO ASSETS RATIO AVG TTM
8.49%
DEBT TO ASSETS RATIO AVG 3Y
6.60%
DEBT TO ASSETS RATIO AVG 5Y
4.68%
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
-66.24%
CURRENT VS 3Y AVG
-56.52%
CURRENT VS 5Y AVG
-38.67%
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 550 covered companies
CURRENT VS SECTOR MEDIAN
+2105.94%
vs the sector median at left
Market Cap
$2.19B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.42B
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 |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.27B | 2.87% | 8.49% | 6.60% | 4.68% |
| PDF Solutions, Inc. (PDFS)vs › | $2.27B | 0.14% | N/A | N/A | N/A |
| Innodata Inc. (INOD)vs › | $2.21B | 0.04% | N/A | N/A | N/A |
| Asana, Inc. (ASAN)vs › | $2.21B | 0.32% | N/A | N/A | N/A |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 0.01% | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.19B | 0.13% | N/A | N/A | N/A |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | 0.01% | N/A | N/A | N/A |
| nCino, Inc. (NCNO)vs › | $2.10B | 0.22% | N/A | N/A | N/A |
| ePlus inc. (PLUS)vs › | $2.44B | 0.00% | N/A | N/A | N/A |
| Keel Infrastructure Corp. (KEEL)vs › | $2.09B | 0.73% | N/A | N/A | N/A |
Debt/Assets
2.9%
Debt/Equity
0.03
Current Ratio
8.17
Interest Coverage
-13.9x
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 | 2.87% |
| 2026-03-31 | 6.90% |
| 2025-12-31 | 11.38% |
| 2025-09-30 | 10.48% |
| 2025-06-30 | 10.84% |
| 2025-03-31 | 11.25% |
| 2024-12-31 | 4.49% |
| 2024-09-30 | 4.34% |
| 2024-06-30 | 4.55% |
| 2024-03-31 | 4.68% |
| 2023-12-31 | 4.62% |
| 2023-09-30 | 4.64% |
| 2023-06-30 | 4.72% |
| 2023-03-31 | 4.72% |
| 2022-12-31 | 4.74% |
| 2022-09-30 | 4.65% |
| 2022-06-30 | 4.76% |
| 2022-03-31 | 4.98% |
| 2021-12-31 | 4.73% |
| 2021-09-30 | 4.65% |
| 2021-06-30 | 4.88% |
| 2021-03-31 | 4.97% |
| 2020-12-31 | 4.60% |
| 2020-09-30 | 4.31% |
| 2020-06-30 | 9.38% |
| 2020-03-31 | 8.16% |
| 2019-12-31 | 0.02% |
| 2019-09-30 | 0.03% |
| 2019-06-30 | 0.04% |
| 2019-03-31 | 0.05% |
| 2018-12-31 | 0.04% |
| 2018-09-30 | 6.19% |
| 2018-06-30 | 7.80% |
| 2018-03-31 | 15.02% |
| 2017-12-31 | 15.86% |
