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 39.40% is 82% above its 5-year average of 21.65%, near the high end of its 5-year range (0.01%–40.78%).
As of the fiscal period ended Sunday, May 31, 2026. 49.78% above its 12-month average of 26.31%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
39.40%
DEBT TO ASSETS RATIO AVG TTM
26.31%
DEBT TO ASSETS RATIO AVG 3Y
28.45%
DEBT TO ASSETS RATIO AVG 5Y
21.65%
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
+49.78%
CURRENT VS 3Y AVG
+38.50%
CURRENT VS 5Y AVG
+82.00%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
+35722.15%
vs the sector median at left
Nuveen Minnesota Quality Municipal Income Fund
Market Cap
$74.03M
Debt to Assets Ratio
39.40%
TTM Avg
26.31%
3Y Avg
28.45%
5Y Avg
21.65%
Market Cap
$143.92M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$155.84M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$187.98M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.52M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.54M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$297.12M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$329.86M
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund (NMS) | $74.03M | 39.40% | 26.31% | 28.45% | 21.65% |
| Global X - MSCI Colombia ETF (COLO)vs › | $143.92M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $155.84M | N/A | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $187.98M | 0.12% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $197.52M | 0.00% | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $197.54M | 0.21% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $297.12M | 0.07% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $329.86M | 0.16% | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $676.49M | N/A | N/A | N/A | N/A |
Debt/Assets
39.4%
Debt/Equity
0.65
Current Ratio
N/A
Interest Coverage
-0.1x
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 |
|---|---|
| 2026-05-31 | 39.40% |
| 2025-11-30 | 39.47% |
| 2025-05-31 | 0.05% |
| 2024-11-30 | 40.01% |
| 2024-05-31 | 40.78% |
| 2023-11-30 | 39.41% |
| 2023-05-31 | 0.03% |
| 2022-11-30 | 0.03% |
| 2022-05-31 | 38.93% |
| 2021-11-30 | 0.03% |
| 2021-05-31 | 0.01% |
| 2020-11-30 | 0.15% |
| 2020-05-31 | 37.91% |
| 2019-11-30 | 36.81% |
| 2019-05-31 | 37.33% |
| 2018-11-30 | 0.00% |
| 2018-05-31 | 0.00% |
| 2017-11-30 | 0.27% |
