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 2.97% is 38% below its 5-year average of 4.80%, near the low end of its 5-year range (1.01%–8.28%).
As of the fiscal period ended Tuesday, March 31, 2026. 46.92% below its 12-month average of 5.60%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
2.97%
DEBT TO ASSETS RATIO AVG TTM
5.60%
DEBT TO ASSETS RATIO AVG 3Y
7.25%
DEBT TO ASSETS RATIO AVG 5Y
4.80%
DEBT TO ASSETS RATIO AVG 10Y
5.19%
DEBT TO ASSETS RATIO AVG 15Y
3.00%
DEBT TO ASSETS RATIO AVG 20Y
1.55%
CURRENT VS TTM AVG
-46.92%
CURRENT VS 3Y AVG
-59.05%
CURRENT VS 5Y AVG
-38.17%
CURRENT VS 10Y AVG
-42.79%
CURRENT VS 15Y AVG
-0.83%
CURRENT VS 20Y AVG
+92.17%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+1137.79%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$1.25B
Debt to Assets Ratio
2.97%
TTM Avg
5.60%
3Y Avg
7.25%
5Y Avg
4.80%
Market Cap
$8.04B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.07B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.68B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.42B
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 |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.25B | 2.97% | 5.60% | 7.25% | 4.80% |
| Griffon Corporation (GFF)vs › | $4.92B | 0.73% | N/A | N/A | N/A |
| The Mosaic Company (MOS)vs › | $7.33B | 0.04% | N/A | N/A | N/A |
| Builders FirstSource, Inc. (BLDR)vs › | $8.04B | 0.46% | N/A | N/A | N/A |
| First Majestic Silver Corp. (AG)vs › | $9.07B | 0.07% | N/A | N/A | N/A |
| MP Materials Corp. (MP)vs › | $9.10B | 0.25% | N/A | N/A | N/A |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.68B | 0.41% | N/A | N/A | N/A |
| United States Steel Corporation (X)vs › | $12.42B | 0.01% | N/A | N/A | N/A |
| Alcoa Corporation (AA)vs › | $13.24B | 0.13% | N/A | N/A | N/A |
| RPM International Inc. (RPM)vs › | $14.99B | 0.34% | N/A | N/A | N/A |
Debt/Assets
3.0%
Debt/Equity
0.03
Current Ratio
33.99
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 |
|---|---|
| 2026-03-31 | 2.97% |
| 2025-12-31 | 3.18% |
| 2025-09-30 | 5.90% |
| 2025-06-30 | 8.28% |
| 2025-03-31 | 7.65% |
| 2024-12-31 | 7.32% |
| 2024-09-30 | 7.53% |
| 2024-06-30 | 7.14% |
| 2024-03-31 | 6.89% |
| 2023-12-31 | 6.97% |
| 2023-09-30 | 7.53% |
| 2023-06-30 | 7.33% |
| 2023-03-31 | 1.01% |
| 2022-12-31 | 1.22% |
| 2022-09-30 | 1.34% |
| 2022-06-30 | 1.55% |
| 2022-03-31 | 1.76% |
| 2021-12-31 | 1.97% |
| 2021-09-30 | 3.59% |
| 2021-06-30 | 3.45% |
| 2021-03-31 | 6.31% |
| 2020-12-31 | 9.55% |
| 2020-09-30 | 17.97% |
| 2020-06-30 | 18.19% |
| 2020-03-31 | 12.84% |
| 2019-12-31 | 12.60% |
| 2019-09-30 | 13.41% |
| 2019-06-30 | 12.99% |
| 2019-03-31 | 14.46% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 2.36% |
| 2007-06-30 | 1.65% |
| 2007-03-31 | 1.50% |
| 2006-12-31 | 1.81% |
