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 31.10% is 33% above its 5-year average of 23.45%, around the middle of its 5-year range (0.36%–52.09%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.97% above its 12-month average of 29.92%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 31.10%.
DEBT TO ASSETS RATIO
31.10%
DEBT TO ASSETS RATIO AVG TTM
29.92%
DEBT TO ASSETS RATIO AVG 3Y
36.04%
DEBT TO ASSETS RATIO AVG 5Y
23.45%
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
+3.97%
CURRENT VS 3Y AVG
-13.71%
CURRENT VS 5Y AVG
+32.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+17178.78%
vs the sector median at left
Nano Labs Ltd
Market Cap
$156.75M
Debt to Assets Ratio
31.10%
TTM Avg
29.92%
3Y Avg
36.04%
5Y Avg
23.45%
Market Cap
$212.99M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$247.42M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.94M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.86M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$370.94M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$478.87M
Debt to Assets Ratio
0.26%
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) | $156.75M | 31.10% | 29.92% | 36.04% | 23.45% |
| One Stop Systems, Inc. (OSS)vs › | $212.99M | 0.02% | N/A | N/A | N/A |
| Duos Technologies Group, Inc. (DUOT)vs › | $247.42M | 0.00% | N/A | N/A | N/A |
| MicroVision, Inc. (MVIS)vs › | $34.44M | 0.51% | N/A | N/A | N/A |
| Intelligent Protection Management Corp. (IPM)vs › | $16.94M | 0.15% | N/A | N/A | N/A |
| Q/C Technologies, Inc. (QCLS)vs › | $2.86M | 0.02% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $326.29M | 0.04% | N/A | N/A | N/A |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $370.94M | 0.03% | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $478.87M | 0.26% | N/A | N/A | N/A |
| LightPath Technologies, Inc. (LPTH)vs › | $576.56M | 0.06% | N/A | N/A | N/A |
Debt/Assets
31.1%
Debt/Equity
0.57
Current Ratio
1.20
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 |
|---|---|
| 2026-06-30 | 31.10% |
| 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% |