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 2.32% is 50% below its 5-year average of 4.61%, near the low end of its 5-year range (1.01%–8.28%).
As of the fiscal period ended Tuesday, June 30, 2026. 48.85% below its 12-month average of 4.53%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.32%.
DEBT TO ASSETS RATIO
2.32%
DEBT TO ASSETS RATIO AVG TTM
4.53%
DEBT TO ASSETS RATIO AVG 3Y
7.25%
DEBT TO ASSETS RATIO AVG 5Y
4.61%
DEBT TO ASSETS RATIO AVG 10Y
5.25%
DEBT TO ASSETS RATIO AVG 15Y
3.03%
DEBT TO ASSETS RATIO AVG 20Y
1.56%
CURRENT VS TTM AVG
-48.85%
CURRENT VS 3Y AVG
-68.06%
CURRENT VS 5Y AVG
-49.79%
CURRENT VS 10Y AVG
-55.87%
CURRENT VS 15Y AVG
-23.66%
CURRENT VS 20Y AVG
+48.81%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+865.26%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$850.52M
Debt to Assets Ratio
2.32%
TTM Avg
4.53%
3Y Avg
7.25%
5Y Avg
4.61%
Market Cap
$1.10B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.09B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.11B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.26B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.09B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.55B
Debt to Assets Ratio
0.46%
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) | $850.52M | 2.32% | 4.53% | 7.25% | 4.61% |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.10B | 0.03% | N/A | N/A | N/A |
| Minerals Technologies Inc. (MTX)vs › | $2.09B | 0.28% | N/A | N/A | N/A |
| WD-40 Company (WDFC)vs › | $2.61B | 0.23% | N/A | N/A | N/A |
| Endeavour Silver Corp. (EXK)vs › | $3.11B | 0.19% | N/A | N/A | N/A |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.26B | 0.00% | N/A | N/A | N/A |
| Aris Mining Corporation (ARIS)vs › | $4.09B | 0.18% | N/A | N/A | N/A |
| Griffon Corporation (GFF)vs › | $4.47B | 0.73% | N/A | N/A | N/A |
| Builders FirstSource, Inc. (BLDR)vs › | $6.55B | 0.46% | N/A | N/A | N/A |
| Arcosa, Inc. (ACA)vs › | $7.20B | 0.27% | N/A | N/A | N/A |
Debt/Assets
2.3%
Debt/Equity
0.02
Current Ratio
62.84
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 |
|---|---|
| 2026-06-30 | 2.32% |
| 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% |
