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 5.59% is 75% below its 5-year average of 22.00%, near the low end of its 5-year range (5.59%–29.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 50.58% below its 12-month average of 11.32%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 5.59%.
DEBT TO ASSETS RATIO
5.59%
DEBT TO ASSETS RATIO AVG TTM
11.32%
DEBT TO ASSETS RATIO AVG 3Y
22.02%
DEBT TO ASSETS RATIO AVG 5Y
22.00%
DEBT TO ASSETS RATIO AVG 10Y
19.53%
DEBT TO ASSETS RATIO AVG 15Y
15.00%
DEBT TO ASSETS RATIO AVG 20Y
15.02%
CURRENT VS TTM AVG
-50.58%
CURRENT VS 3Y AVG
-74.59%
CURRENT VS 5Y AVG
-74.57%
CURRENT VS 10Y AVG
-71.36%
CURRENT VS 15Y AVG
-62.71%
CURRENT VS 20Y AVG
-62.76%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+3007.74%
vs the sector median at left
LightPath Technologies, Inc.
Market Cap
$640.45M
Debt to Assets Ratio
5.59%
TTM Avg
11.32%
3Y Avg
22.02%
5Y Avg
22.00%
Market Cap
$474.97M
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$406.91M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$952.26M
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$326.29M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$261.75M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$230.60M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.11B
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 |
|---|---|---|---|---|---|
| LightPath Technologies, Inc. (LPTH) | $640.45M | 5.59% | 11.32% | 22.02% | 22.00% |
| Methode Electronics, Inc. (MEI)vs › | $474.97M | 0.26% | N/A | N/A | N/A |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $406.91M | 0.03% | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $952.26M | 0.40% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $326.29M | 0.04% | N/A | N/A | N/A |
| Duos Technologies Group, Inc. (DUOT)vs › | $261.75M | 0.00% | N/A | N/A | N/A |
| One Stop Systems, Inc. (OSS)vs › | $230.60M | 0.02% | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $1.11B | 0.01% | N/A | N/A | N/A |
| Nano Labs Ltd (NA)vs › | $158.23M | 0.31% | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.15B | 0.27% | N/A | N/A | N/A |
Debt/Assets
5.6%
Debt/Equity
0.07
Current Ratio
4.96
Interest Coverage
-1228.2x
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 |
|---|---|
| 2026-06-30 | 5.59% |
| 2026-03-31 | 7.85% |
| 2025-12-31 | 6.91% |
| 2025-09-30 | 17.61% |
| 2025-06-30 | 18.63% |
| 2025-03-31 | 17.60% |
| 2024-12-31 | 27.23% |
| 2024-09-30 | 26.40% |
| 2024-06-30 | 21.54% |
| 2024-03-31 | 21.63% |
| 2023-12-31 | 23.35% |
| 2023-09-30 | 23.05% |
| 2023-06-30 | 23.13% |
| 2023-03-31 | 22.33% |
| 2022-12-31 | 29.36% |
| 2022-09-30 | 29.78% |
| 2022-06-30 | 29.04% |
| 2022-03-31 | 28.98% |
| 2021-12-31 | 27.88% |
| 2021-09-30 | 27.99% |
| 2021-06-30 | 26.06% |
| 2021-03-31 | 14.37% |
| 2020-12-31 | 14.96% |
| 2020-09-30 | 15.52% |
| 2020-06-30 | 16.04% |
| 2020-03-31 | 16.76% |
| 2019-12-31 | 17.40% |
| 2019-09-30 | 18.55% |
| 2019-06-30 | 14.41% |
| 2019-03-31 | 14.49% |
| 2018-12-31 | 15.00% |
| 2018-09-30 | 15.17% |
| 2018-06-30 | 15.78% |
| 2018-03-31 | 15.62% |
| 2017-12-31 | 23.30% |
| 2017-09-30 | 23.63% |
| 2017-06-30 | 24.47% |
| 2017-03-31 | 28.79% |
| 2016-12-31 | 30.58% |
| 2016-09-30 | 1.91% |
| 2016-06-30 | 2.22% |
| 2016-03-31 | 2.60% |
| 2015-12-31 | 3.03% |
| 2015-09-30 | 3.37% |
| 2015-06-30 | 4.16% |
| 2015-03-31 | 4.57% |
| 2014-12-31 | 4.65% |
| 2014-09-30 | 1.62% |
| 2014-06-30 | 1.66% |
| 2014-03-31 | 0.13% |
| 2013-12-31 | 0.15% |
| 2013-09-30 | 0.17% |
| 2013-06-30 | 0.08% |
| 2013-03-31 | 0.09% |
| 2012-12-31 | 12.77% |
| 2012-09-30 | 1.00% |
| 2012-06-30 | 13.28% |
| 2012-03-31 | 15.67% |
| 2011-12-31 | 15.34% |
| 2011-09-30 | 14.50% |
| 2011-06-30 | 15.27% |
| 2011-03-31 | 15.65% |
| 2010-12-31 | 13.86% |
| 2010-09-30 | 14.19% |
| 2010-06-30 | 20.84% |
| 2010-03-31 | 22.93% |
| 2009-12-31 | 24.55% |
| 2009-09-30 | 25.30% |
| 2009-06-30 | 27.51% |
| 2009-03-31 | 27.99% |
| 2008-12-31 | 25.22% |
| 2008-09-30 | 28.19% |
| 2008-06-30 | 10.24% |
| 2008-03-31 | 5.90% |
| 2007-12-31 | 6.07% |
| 2007-09-30 | 5.48% |
| 2007-06-30 | 7.31% |
| 2007-03-31 | 6.98% |
| 2006-12-31 | 6.11% |
| 2006-09-30 | 3.74% |
| 2006-06-30 | 3.54% |
| 2006-03-31 | 3.41% |
| 2005-12-31 | 0.85% |
| 2005-09-30 | 0.86% |
| 2005-06-30 | 0.88% |
| 2005-03-31 | 0.97% |
| 2004-12-31 | 0.90% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |