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 21.04% is in line with its 5-year average of 21.31%, around the middle of its 5-year range (0.36%–52.09%).
As of the fiscal period ended Wednesday, December 31, 2025. 22.33% below its 12-month average of 27.09%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
21.04%
DEBT TO ASSETS RATIO AVG TTM
27.09%
DEBT TO ASSETS RATIO AVG 3Y
33.24%
DEBT TO ASSETS RATIO AVG 5Y
21.31%
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
-22.33%
CURRENT VS 3Y AVG
-36.69%
CURRENT VS 5Y AVG
-1.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+10974.65%
vs the sector median at left
Nano Labs Ltd
Market Cap
$120.53M
Debt to Assets Ratio
21.04%
TTM Avg
27.09%
3Y Avg
33.24%
5Y Avg
21.31%
Market Cap
$157.78M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$302.93M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$491.98M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$496.25M
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$496.51M
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$756.83M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nano Labs Ltd (NA) | $120.53M | 21.04% | 27.09% | 33.24% | 21.31% |
| MicroVision, Inc. (MVIS)vs › | $91.68M | 0.36% | N/A | N/A | N/A |
| Duos Technologies Group, Inc. (DUOT)vs › | $157.78M | 0.07% | N/A | N/A | N/A |
| One Stop Systems, Inc. (OSS)vs › | $302.93M | 0.03% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $315.76M | 0.01% | N/A | N/A | N/A |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $491.98M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $496.25M | 0.27% | N/A | N/A | N/A |
| LightPath Technologies, Inc. (LPTH)vs › | $496.51M | 0.19% | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $756.83M | 0.11% | N/A | N/A | N/A |
| Red Cat Holdings, Inc. (RCAT)vs › | $812.08M | 0.07% | N/A | N/A | N/A |
Debt/Assets
21.0%
Debt/Equity
0.31
Current Ratio
2.09
Interest Coverage
-6.3x
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 |
|---|---|
| 2025-12-31 | 21.04% |
| 2025-09-30 | 21.04% |
| 2025-06-30 | 46.48% |
| 2025-03-31 | 14.61% |
| 2024-12-31 | 32.29% |
| 2024-09-30 | 51.43% |
| 2024-06-30 | 52.09% |
| 2024-03-31 | 52.09% |
| 2023-12-31 | 43.07% |
| 2023-09-30 | 43.07% |
| 2023-06-30 | 24.22% |
| 2023-03-31 | 24.22% |
| 2022-12-31 | 6.44% |
| 2022-09-30 | 2.67% |
| 2022-06-30 | 0.60% |
| 2022-03-31 | 0.60% |
| 2021-12-31 | 0.81% |
| 2021-09-30 | 0.81% |
| 2021-06-30 | 0.36% |
| 2021-03-31 | 0.36% |
| 2020-12-31 | 9.33% |
| 2020-09-30 | 59.57% |
| 2020-06-30 | 9.33% |
| 2020-03-31 | 9.33% |
