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 20.08% is 21% above its 2-year average of 16.63%, around the middle of its 2-year range (2.00%–36.16%).
As of the fiscal period ended Tuesday, March 31, 2026. 49.81% above its 12-month average of 13.40%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-03-31): 20.08%.
DEBT TO ASSETS RATIO
20.08%
DEBT TO ASSETS RATIO AVG TTM
13.40%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+49.81%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 480 covered companies
CURRENT VS SECTOR MEDIAN
+8629.87%
vs the sector median at left
Mint Incorporation Limited
Market Cap
$2.14M
Debt to Assets Ratio
20.08%
TTM Avg
13.40%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.11M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.98M
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.33M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.36M
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.92M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.88M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.88M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.87M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mint Incorporation Limited (MIMI) | $2.14M | 20.08% | 13.40% | N/A | N/A |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.11M | 0.01% | N/A | N/A | N/A |
| Greenwave Technology Solutions, Inc. (GWAV)vs › | $1.98M | 0.24% | N/A | N/A | N/A |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.33M | 0.15% | N/A | N/A | N/A |
| DirectBooking Technology Co., Ltd. (ZDAI)vs › | $2.36M | 0.13% | N/A | N/A | N/A |
| Galaxy Payroll Group Limited (GLXG)vs › | $1.92M | 0.02% | N/A | N/A | N/A |
| Erayak Power Solution Group Inc. (RAYA)vs › | $1.88M | 0.21% | N/A | N/A | N/A |
| Jayud Global Logistics Limited (JYD)vs › | $1.88M | 0.15% | N/A | N/A | N/A |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.87M | 0.00% | N/A | N/A | N/A |
| Nauticus Robotics, Inc. (KITT)vs › | $1.86M | 0.54% | N/A | N/A | N/A |
Debt/Assets
20.1%
Debt/Equity
0.33
Current Ratio
1.78
Interest Coverage
-346.6x
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 | 20.08% |
| 2025-09-30 | 17.50% |
| 2025-03-31 | 2.62% |
| 2024-12-31 | 16.53% |
| 2024-09-30 | 36.16% |
| 2024-06-30 | 36.16% |
| 2024-03-31 | 2.00% |
| 2023-12-31 | 2.00% |
