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 0.98% is 92% below its 5-year average of 11.71%, near the low end of its 5-year range (0.34%–24.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 76.46% below its 12-month average of 4.17%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.98%.
DEBT TO ASSETS RATIO
0.98%
DEBT TO ASSETS RATIO AVG TTM
4.17%
DEBT TO ASSETS RATIO AVG 3Y
12.19%
DEBT TO ASSETS RATIO AVG 5Y
11.71%
DEBT TO ASSETS RATIO AVG 10Y
11.97%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-76.46%
CURRENT VS 3Y AVG
-91.94%
CURRENT VS 5Y AVG
-91.61%
CURRENT VS 10Y AVG
-91.79%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 571 covered companies
CURRENT VS SECTOR MEDIAN
+1865.01%
vs the sector median at left
Mechanics Bank
Market Cap
$3.31B
Debt to Assets Ratio
0.98%
TTM Avg
4.17%
3Y Avg
12.19%
5Y Avg
11.71%
Market Cap
$3.32B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.24B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.40B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.20B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.48B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.49B
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 |
|---|---|---|---|---|---|
| Mechanics Bank (MCHB) | $3.31B | 0.98% | 4.17% | 12.19% | 11.71% |
| First Financial Bancorp. (FFBC)vs › | $3.32B | 0.04% | N/A | N/A | N/A |
| iShares Core 80/20 Aggressive Allocation ETF (AOA)vs › | $3.24B | N/A | N/A | N/A | N/A |
| Palomar Holdings, Inc. (PLMR)vs › | $3.40B | 0.07% | N/A | N/A | N/A |
| CleanSpark, Inc. (CLSK)vs › | $3.21B | 0.66% | N/A | N/A | N/A |
| Golub Capital BDC, Inc. (GBDC)vs › | $3.20B | 0.54% | N/A | N/A | N/A |
| CVB Financial Corp. (CVBF)vs › | $3.17B | 0.05% | N/A | N/A | N/A |
| First Interstate BancSystem, Inc. (FIBK)vs › | $3.48B | 0.03% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAO)vs › | $3.49B | 0.01% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAN)vs › | $3.50B | 0.01% | N/A | N/A | N/A |
Debt/Assets
1.0%
Debt/Equity
0.08
Current ratio and interest coverage is unavailable for Mechanics Bank: 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 | 0.98% |
| 2026-03-31 | 0.99% |
| 2025-12-31 | 1.03% |
| 2025-09-30 | 1.24% |
| 2025-06-30 | 16.63% |
| 2025-03-31 | 0.36% |
| 2024-12-31 | 0.34% |
| 2024-09-30 | 23.05% |
| 2024-06-30 | 22.78% |
| 2024-03-31 | 24.52% |
| 2023-12-31 | 21.25% |
| 2023-09-30 | 22.18% |
| 2023-06-30 | 23.12% |
| 2023-03-31 | 21.33% |
| 2022-12-31 | 13.63% |
| 2022-09-30 | 19.77% |
| 2022-06-30 | 19.60% |
| 2022-03-31 | 6.62% |
| 2021-12-31 | 2.31% |
| 2021-09-30 | 1.71% |
| 2021-06-30 | 2.45% |
| 2021-03-31 | 2.90% |
| 2020-12-31 | 6.17% |
| 2020-09-30 | 8.64% |
| 2020-06-30 | 11.42% |
| 2020-03-31 | 11.66% |
| 2019-12-31 | 10.36% |
| 2019-09-30 | 3.68% |
| 2019-06-30 | 8.82% |
| 2019-03-31 | 12.16% |
| 2018-12-31 | 15.23% |
| 2018-09-30 | 14.18% |
| 2018-06-30 | 16.25% |
| 2018-03-31 | 14.47% |
| 2017-12-31 | 16.31% |
| 2017-09-30 | 18.55% |
| 2017-06-30 | 15.07% |
| 2017-03-31 | 15.43% |
| 2016-12-31 | 15.79% |
| 2016-09-30 | 15.80% |
