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 20.32% is 114% above its 5-year average of 9.49%, near the high end of its 5-year range (3.63%–20.32%).
As of the fiscal period ended Thursday, April 30, 2026. 15.43% above its 12-month average of 17.60%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.32%
DEBT TO ASSETS RATIO AVG TTM
17.60%
DEBT TO ASSETS RATIO AVG 3Y
12.05%
DEBT TO ASSETS RATIO AVG 5Y
9.49%
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
+15.43%
CURRENT VS 3Y AVG
+68.59%
CURRENT VS 5Y AVG
+114.10%
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 165 covered companies
CURRENT VS SECTOR MEDIAN
+10594.77%
vs the sector median at left
nCino, Inc.
Market Cap
$2.28B
Debt to Assets Ratio
20.32%
TTM Avg
17.60%
3Y Avg
12.05%
5Y Avg
9.49%
Market Cap
$2.12B
Debt to Assets Ratio
0.73%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.48B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.69B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.20B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.26B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.19B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nCino, Inc. (NCNO) | $2.28B | 20.32% | 17.60% | 12.05% | 9.49% |
| Asana, Inc. (ASAN)vs › | $2.17B | 0.31% | N/A | N/A | N/A |
| Keel Infrastructure Corp. (KEEL)vs › | $2.12B | 0.73% | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.48B | 0.13% | N/A | N/A | N/A |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.69B | 0.05% | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.51B | 0.01% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.20B | 0.18% | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $1.26B | 0.02% | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.19B | 0.27% | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $1.09B | 0.44% | N/A | N/A | N/A |
Debt/Assets
20.3%
Debt/Equity
0.34
Current Ratio
0.89
Interest Coverage
0.2x
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 |
|---|---|
| 2026-04-30 | 20.32% |
| 2026-01-31 | 16.91% |
| 2025-10-31 | 17.25% |
| 2025-07-31 | 16.68% |
| 2025-04-30 | 16.86% |
| 2025-01-31 | 14.71% |
| 2024-10-31 | 15.55% |
| 2024-07-31 | 7.86% |
| 2024-04-30 | 8.89% |
| 2024-01-31 | 5.54% |
| 2023-10-31 | 5.09% |
| 2023-07-31 | 4.92% |
| 2023-04-30 | 6.12% |
| 2023-01-31 | 7.27% |
| 2022-10-31 | 5.97% |
| 2022-07-31 | 3.63% |
| 2022-04-30 | 3.66% |
| 2022-01-31 | 3.75% |
| 2021-10-31 | 7.81% |
| 2021-07-31 | 4.74% |
| 2021-04-30 | 5.77% |
| 2021-01-31 | 2.89% |
| 2020-10-31 | 0.00% |
| 2020-07-31 | 0.00% |
| 2020-04-30 | 0.00% |
| 2020-01-31 | 0.00% |
