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 0.97% is in line with its 5-year average of 0.90%, near the low end of its 5-year range (0.00%–6.14%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.13% below its 12-month average of 1.11%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.97%.
DEBT TO ASSETS RATIO
0.97%
DEBT TO ASSETS RATIO AVG TTM
1.11%
DEBT TO ASSETS RATIO AVG 3Y
0.96%
DEBT TO ASSETS RATIO AVG 5Y
0.90%
DEBT TO ASSETS RATIO AVG 10Y
1.94%
DEBT TO ASSETS RATIO AVG 15Y
3.49%
DEBT TO ASSETS RATIO AVG 20Y
5.31%
CURRENT VS TTM AVG
-13.13%
CURRENT VS 3Y AVG
+0.35%
CURRENT VS 5Y AVG
+7.50%
CURRENT VS 10Y AVG
-50.18%
CURRENT VS 15Y AVG
-72.28%
CURRENT VS 20Y AVG
-81.78%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 498 covered companies
CURRENT VS SECTOR MEDIAN
+1834.27%
vs the sector median at left
Lakeland Financial Corporation
Market Cap
$1.46B
Debt to Assets Ratio
0.97%
TTM Avg
1.11%
3Y Avg
0.96%
5Y Avg
0.90%
Market Cap
$1.47B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.44B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.41B
Debt to Assets Ratio
0.84%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.41B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.39B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.54B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.55B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.56B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lakeland Financial Corporation (LKFN) | $1.46B | 0.97% | 1.11% | 0.96% | 0.90% |
| Capital Southwest Corporation (CSWC)vs › | $1.47B | 0.21% | N/A | N/A | N/A |
| Amalgamated Financial Corp. (AMAL)vs › | $1.44B | 0.01% | N/A | N/A | N/A |
| Atlanticus Holdings Corporation (ATLC)vs › | $1.41B | 0.84% | N/A | N/A | N/A |
| Burke & Herbert Financial Services Corp. (BHRB)vs › | $1.41B | 0.06% | N/A | N/A | N/A |
| Community Trust Bancorp, Inc. (CTBI)vs › | $1.39B | 0.05% | N/A | N/A | N/A |
| ConnectOne Bancorp, Inc. (CNOB)vs › | $1.54B | 0.00% | N/A | N/A | N/A |
| Nuveen California Quality Municipal Income Fund (NAC)vs › | $1.55B | 0.43% | N/A | N/A | N/A |
| Pathward Financial, Inc. (CASH)vs › | $1.56B | 0.03% | N/A | N/A | N/A |
| First Mid Bancshares, Inc. (FMBH)vs › | $1.33B | 0.07% | N/A | N/A | N/A |
Debt/Assets
1.0%
Debt/Equity
0.09
Current ratio and interest coverage is unavailable for Lakeland Financial Corporation: 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 | 0.97% |
| 2026-03-31 | 1.06% |
| 2025-12-31 | 2.64% |
| 2025-09-30 | 0.82% |
| 2025-06-30 | 0.09% |
| 2025-03-31 | 1.58% |
| 2024-12-31 | 0.00% |
| 2024-09-30 | 0.45% |
| 2024-06-30 | 0.84% |
| 2024-03-31 | 3.05% |
| 2023-12-31 | 0.77% |
| 2023-09-30 | 1.40% |
| 2023-06-30 | 6.14% |
| 2023-03-31 | 3.12% |
| 2022-12-31 | 4.62% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 1.14% |
| 2021-12-31 | 1.14% |
| 2021-09-30 | 1.21% |
| 2021-06-30 | 1.20% |
| 2021-03-31 | 1.25% |
| 2020-12-31 | 1.47% |
| 2020-09-30 | 1.54% |
| 2020-06-30 | 2.03% |
| 2020-03-31 | 1.70% |
| 2019-12-31 | 3.44% |
| 2019-09-30 | 0.63% |
| 2019-06-30 | 2.93% |
| 2019-03-31 | 3.13% |
| 2018-12-31 | 9.16% |
| 2018-09-30 | 4.38% |
| 2018-06-30 | 6.56% |
| 2018-03-31 | 2.66% |
| 2017-12-31 | 3.88% |
| 2017-09-30 | 2.13% |
| 2017-06-30 | 6.97% |
| 2017-03-31 | 4.07% |
| 2016-12-31 | 10.28% |
| 2016-09-30 | 2.17% |
| 2016-06-30 | 2.22% |
| 2016-03-31 | 3.29% |
| 2015-12-31 | 4.53% |
| 2015-09-30 | 3.04% |
| 2015-06-30 | 4.41% |
| 2015-03-31 | 2.63% |
| 2014-12-31 | 5.56% |
| 2014-09-30 | 2.97% |
| 2014-06-30 | 6.84% |
| 2014-03-31 | 4.49% |
| 2013-12-31 | 9.22% |
| 2013-09-30 | 8.78% |
| 2013-06-30 | 5.73% |
| 2013-03-31 | 4.93% |
| 2012-12-31 | 5.48% |
| 2012-09-30 | 5.57% |
| 2012-06-30 | 4.86% |
| 2012-03-31 | 5.79% |
| 2011-12-31 | 6.50% |
| 2011-09-30 | 6.63% |
| 2011-06-30 | 6.74% |
| 2011-03-31 | 6.94% |
| 2010-12-31 | 8.20% |
| 2010-09-30 | 6.65% |
| 2010-06-30 | 9.48% |
| 2010-03-31 | 10.77% |
| 2009-12-31 | 16.53% |
| 2009-09-30 | 16.65% |
| 2009-06-30 | 18.16% |
| 2009-03-31 | 10.69% |
| 2008-12-31 | 13.61% |
| 2008-09-30 | 16.78% |
| 2008-06-30 | 21.22% |
| 2008-03-31 | 20.85% |
| 2007-12-31 | 17.45% |
| 2007-09-30 | 14.00% |
| 2007-06-30 | 14.42% |
| 2007-03-31 | 9.37% |
| 2006-12-31 | 11.89% |
| 2006-09-30 | 7.04% |
| 2006-06-30 | 10.81% |
| 2006-03-31 | 11.78% |
| 2005-12-31 | 14.84% |
| 2005-09-30 | 11.92% |
| 2005-06-30 | 19.18% |
| 2005-03-31 | 12.60% |
| 2004-12-31 | 15.60% |
| 2004-09-30 | 14.68% |
| 2004-06-30 | 16.04% |
| 2004-03-31 | 13.67% |
| 2003-12-31 | 19.33% |
| 2003-09-30 | 11.89% |
| 2003-06-30 | 14.28% |
| 2003-03-31 | 13.26% |
| 2002-12-31 | 18.89% |
| 2002-09-30 | 16.87% |
