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 2.91% is in line with its 5-year average of 2.97%, near the low end of its 5-year range (0.99%–7.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 50.64% above its 12-month average of 1.93%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.91%.
DEBT TO ASSETS RATIO
2.91%
DEBT TO ASSETS RATIO AVG TTM
1.93%
DEBT TO ASSETS RATIO AVG 3Y
2.98%
DEBT TO ASSETS RATIO AVG 5Y
2.97%
DEBT TO ASSETS RATIO AVG 10Y
5.70%
DEBT TO ASSETS RATIO AVG 15Y
6.82%
DEBT TO ASSETS RATIO AVG 20Y
8.58%
CURRENT VS TTM AVG
+50.64%
CURRENT VS 3Y AVG
-2.43%
CURRENT VS 5Y AVG
-2.21%
CURRENT VS 10Y AVG
-48.98%
CURRENT VS 15Y AVG
-57.42%
CURRENT VS 20Y AVG
-66.13%
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 680 covered companies
CURRENT VS SECTOR MEDIAN
+5711.86%
vs the sector median at left
NBT Bancorp Inc.
Market Cap
$2.63B
Debt to Assets Ratio
2.91%
TTM Avg
1.93%
3Y Avg
2.98%
5Y Avg
2.97%
Market Cap
$2.58B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.51B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.49B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.49B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.80B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.82B
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 |
|---|---|---|---|---|---|
| NBT Bancorp Inc. (NBTB) | $2.63B | 2.91% | 1.93% | 2.98% | 2.97% |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | 0.44% | N/A | N/A | N/A |
| Merchants Bancorp (MBINM)vs › | $2.54B | 0.20% | N/A | N/A | N/A |
| First Merchants Corporation (FRME)vs › | $2.51B | 0.08% | N/A | N/A | N/A |
| First Busey Corporation (BUSE)vs › | $2.49B | 0.03% | N/A | N/A | N/A |
| First Bancorp (FBNC)vs › | $2.49B | 0.01% | N/A | N/A | N/A |
| Columbia Financial, Inc. (CLBK)vs › | $2.49B | 0.10% | N/A | N/A | N/A |
| First Merchants Corporation (FRMEP)vs › | $2.80B | 0.08% | N/A | N/A | N/A |
| Slide Insurance Holdings, Inc. Common Stock (SLDE)vs › | $2.82B | 0.01% | N/A | N/A | N/A |
| Oxford Lane Capital Corp. (OXLCM)vs › | $2.44B | 0.27% | N/A | N/A | N/A |
Debt/Assets
2.9%
Debt/Equity
0.24
Current ratio and interest coverage is unavailable for NBT Bancorp Inc.: 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 | 2.91% |
| 2026-03-31 | 0.99% |
| 2025-12-31 | 1.20% |
| 2025-09-30 | 1.98% |
| 2025-06-30 | 2.57% |
| 2025-03-31 | 2.26% |
| 2024-12-31 | 3.01% |
| 2024-09-30 | 3.30% |
| 2024-06-30 | 3.53% |
| 2024-03-31 | 3.86% |
| 2023-12-31 | 4.79% |
| 2023-09-30 | 5.36% |
| 2023-06-30 | 7.41% |
| 2023-03-31 | 5.94% |
| 2022-12-31 | 6.71% |
| 2022-09-30 | 2.39% |
| 2022-06-30 | 2.27% |
| 2022-03-31 | 2.29% |
| 2021-12-31 | 2.59% |
| 2021-09-30 | 2.61% |
| 2021-06-30 | 2.63% |
| 2021-03-31 | 2.68% |
| 2020-12-31 | 3.72% |
| 2020-09-30 | 4.12% |
| 2020-06-30 | 5.56% |
| 2020-03-31 | 7.18% |
| 2019-12-31 | 8.45% |
| 2019-09-30 | 6.51% |
| 2019-06-30 | 8.25% |
| 2019-03-31 | 7.55% |
| 2018-12-31 | 10.95% |
| 2018-09-30 | 10.33% |
| 2018-06-30 | 10.87% |
| 2018-03-31 | 8.41% |
| 2017-12-31 | 9.95% |
| 2017-09-30 | 9.53% |
| 2017-06-30 | 11.25% |
| 2017-03-31 | 8.33% |
| 2016-12-31 | 10.00% |
| 2016-09-30 | 9.12% |
| 2016-06-30 | 10.18% |
| 2016-03-31 | 6.84% |
| 2015-12-31 | 8.16% |
| 2015-09-30 | 7.28% |
| 2015-06-30 | 9.22% |
| 2015-03-31 | 5.41% |
| 2014-12-31 | 7.04% |
| 2014-09-30 | 7.73% |
| 2014-06-30 | 11.27% |
| 2014-03-31 | 9.89% |
| 2013-12-31 | 11.32% |
| 2013-09-30 | 10.22% |
| 2013-06-30 | 10.56% |
| 2013-03-31 | 9.40% |
| 2012-12-31 | 10.03% |
| 2012-09-30 | 8.37% |
| 2012-06-30 | 9.71% |
| 2012-03-31 | 9.27% |
| 2011-12-31 | 11.21% |
| 2011-09-30 | 9.65% |
| 2011-06-30 | 10.24% |
| 2011-03-31 | 9.81% |
| 2010-12-31 | 9.91% |
| 2010-09-30 | 10.87% |
| 2010-06-30 | 11.79% |
| 2010-03-31 | 12.14% |
| 2009-12-31 | 13.01% |
| 2009-09-30 | 13.27% |
| 2009-06-30 | 13.38% |
| 2009-03-31 | 13.75% |
| 2008-12-31 | 15.72% |
| 2008-09-30 | 16.11% |
| 2008-06-30 | 15.54% |
| 2008-03-31 | 17.21% |
| 2007-12-31 | 15.25% |
| 2007-09-30 | 14.72% |
| 2007-06-30 | 14.02% |
| 2007-03-31 | 13.19% |
| 2006-12-31 | 16.48% |
| 2006-09-30 | 16.16% |
| 2006-06-30 | 16.37% |
| 2006-03-31 | 16.99% |
| 2005-12-31 | 19.95% |
| 2005-09-30 | 18.11% |
| 2005-08-05 | 18.77% |
| 2005-03-31 | 16.94% |
| 2004-12-31 | 17.85% |
| 2004-09-30 | 17.45% |
| 2004-06-30 | 17.88% |
| 2004-03-31 | 15.60% |
| 2003-12-31 | 16.62% |
| 2003-09-30 | 17.34% |
| 2003-06-30 | 14.86% |
| 2003-03-31 | 11.74% |
| 2002-12-31 | 12.11% |
| 2002-09-30 | 12.44% |
