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 14.04% is 59% below its 5-year average of 34.43%, near the low end of its 5-year range (14.04%–37.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 46.80% below its 12-month average of 26.39%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 14.04%.
DEBT TO ASSETS RATIO
14.04%
DEBT TO ASSETS RATIO AVG TTM
26.39%
DEBT TO ASSETS RATIO AVG 3Y
34.97%
DEBT TO ASSETS RATIO AVG 5Y
34.43%
DEBT TO ASSETS RATIO AVG 10Y
18.07%
DEBT TO ASSETS RATIO AVG 15Y
12.16%
DEBT TO ASSETS RATIO AVG 20Y
10.15%
CURRENT VS TTM AVG
-46.80%
CURRENT VS 3Y AVG
-59.85%
CURRENT VS 5Y AVG
-59.22%
CURRENT VS 10Y AVG
-22.32%
CURRENT VS 15Y AVG
+15.49%
CURRENT VS 20Y AVG
+38.38%
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 645 covered companies
CURRENT VS SECTOR MEDIAN
+10700.02%
vs the sector median at left
Mitek Systems, Inc.
Market Cap
$791.63M
Debt to Assets Ratio
14.04%
TTM Avg
26.39%
3Y Avg
34.97%
5Y Avg
34.43%
Market Cap
$791.36M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$789.45M
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$860.57M
Debt to Assets Ratio
0.76%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mitek Systems, Inc. (MITK) | $791.63M | 14.04% | 26.39% | 34.97% | 34.43% |
| Viant Technology Inc. (DSP)vs › | $791.36M | 0.04% | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $789.45M | 0.40% | N/A | N/A | N/A |
| Rapid7, Inc. (RPD)vs › | $809.99M | 0.55% | N/A | N/A | N/A |
| Sabre Corporation (SABR)vs › | $760.98M | 0.99% | N/A | N/A | N/A |
| Backblaze, Inc. (BLZE)vs › | $832.40M | 0.37% | N/A | N/A | N/A |
| Stratasys Ltd. (SSYS)vs › | $747.47M | 0.02% | N/A | N/A | N/A |
| TaskUs, Inc. (TASK)vs › | $723.06M | 0.55% | N/A | N/A | N/A |
| Playtika Holding Corp. (PLTK)vs › | $860.57M | 0.76% | N/A | N/A | N/A |
| Daktronics, Inc. (DAKT)vs › | $860.68M | 0.02% | N/A | N/A | N/A |
Debt/Assets
14.0%
Debt/Equity
0.21
Current Ratio
2.74
Interest Coverage
1.7x
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 | 14.04% |
| 2026-03-31 | 14.71% |
| 2025-12-31 | 35.22% |
| 2025-09-30 | 33.80% |
| 2025-06-30 | 34.19% |
| 2025-03-31 | 35.43% |
| 2024-12-31 | 37.54% |
| 2024-09-30 | 35.92% |
| 2024-06-30 | 35.36% |
| 2024-03-31 | 34.35% |
| 2023-12-31 | 34.99% |
| 2023-09-30 | 34.61% |
| 2023-06-30 | 33.22% |
| 2023-03-31 | 34.13% |
| 2022-12-31 | 35.22% |
| 2022-09-30 | 36.82% |
| 2022-06-30 | 35.46% |
| 2022-03-31 | 34.22% |
| 2021-12-31 | 32.41% |
| 2021-09-30 | 30.84% |
| 2021-06-30 | 30.48% |
| 2021-03-31 | 34.87% |
| 2020-12-31 | 3.82% |
| 2020-09-30 | 4.22% |
| 2020-06-30 | 4.66% |
| 2020-03-31 | 5.08% |
| 2019-12-31 | 5.45% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 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 | 0.52% |
| 2011-03-31 | 1.77% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 22.60% |
| 2010-06-30 | 22.66% |
| 2010-03-31 | 16.20% |
| 2009-12-31 | 17.04% |
| 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 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 17.03% |
| 2005-12-31 | 21.73% |
| 2005-09-30 | 20.10% |
| 2005-06-30 | 53.54% |
| 2005-03-31 | 59.48% |
| 2004-12-31 | 75.91% |
| 2004-09-30 | 56.73% |
| 2004-06-30 | 49.98% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.53% |
| 2003-03-31 | 0.59% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.83% |
