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 17.17% is 21% above its 5-year average of 14.18%, near the low end of its 5-year range (0.00%–57.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 48.50% below its 12-month average of 33.33%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 17.17%.
DEBT TO ASSETS RATIO
17.17%
DEBT TO ASSETS RATIO AVG TTM
33.33%
DEBT TO ASSETS RATIO AVG 3Y
16.46%
DEBT TO ASSETS RATIO AVG 5Y
14.18%
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
-48.50%
CURRENT VS 3Y AVG
+4.29%
CURRENT VS 5Y AVG
+21.05%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 450 covered companies
CURRENT VS SECTOR MEDIAN
+7363.40%
vs the sector median at left
NeoVolta Inc
Market Cap
$158.95M
Debt to Assets Ratio
17.17%
TTM Avg
33.33%
3Y Avg
16.46%
5Y Avg
14.18%
Market Cap
$157.35M
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$151.97M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$150.70M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$144.88M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NeoVolta Inc (NEOV) | $158.95M | 17.17% | 33.33% | 16.46% | 14.18% |
| EuroDry Ltd. (EDRY)vs › | $159.99M | 0.46% | N/A | N/A | N/A |
| Roze AI Inc. (RZAI)vs › | $161.41M | N/A | N/A | N/A | N/A |
| SKYX Platforms Corp. (SKYX)vs › | $157.35M | 0.46% | N/A | N/A | N/A |
| The Eastern Company (EML)vs › | $151.97M | 0.25% | N/A | N/A | N/A |
| Merlin, Inc. (MRLN)vs › | $151.06M | 0.01% | N/A | N/A | N/A |
| Factorial Energy Inc. (FAC)vs › | $150.70M | 0.06% | N/A | N/A | N/A |
| Hurco Companies, Inc. (HURC)vs › | $144.88M | 0.04% | N/A | N/A | N/A |
| Sidus Space, Inc. (SIDU)vs › | $175.80M | 0.01% | N/A | N/A | N/A |
| Capstone Energy+, Inc. (CEPL)vs › | $138.15M | 0.32% | N/A | N/A | N/A |
Debt/Assets
17.2%
Debt/Equity
0.23
Current Ratio
4.92
Interest Coverage
-29.5x
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 | 17.17% |
| 2026-03-31 | 2.78% |
| 2025-12-31 | 43.14% |
| 2025-09-30 | 57.60% |
| 2025-06-30 | 45.95% |
| 2025-03-31 | 31.58% |
| 2024-12-31 | 15.76% |
| 2024-09-30 | 0.00% |
| 2024-06-30 | 0.00% |
| 2024-03-31 | 0.00% |
| 2023-12-31 | 0.00% |
| 2023-09-30 | 0.00% |
| 2023-06-30 | 0.00% |
| 2023-03-31 | 0.00% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 27.19% |
| 2022-03-31 | 28.11% |
| 2021-12-31 | 27.20% |
| 2021-09-30 | 0.71% |
| 2021-06-30 | 0.59% |
| 2021-03-31 | 0.40% |
| 2020-12-31 | 1.20% |
| 2020-09-30 | 1.09% |
| 2020-06-30 | 1.29% |
| 2020-03-31 | 0.34% |
| 2019-12-31 | 0.18% |
| 2019-09-30 | 0.19% |
| 2019-06-30 | 0.06% |
| 2019-03-31 | 9.07% |
| 2018-12-31 | 9.38% |
