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. Q4 FY2025 (2026-05-31): 39.40%.
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
0.10%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+39304.37%
vs the sector median at left
Nuveen Minnesota Quality Municipal Income Fund
Market Cap
$63.71M
Debt to Assets Ratio
39.40%
TTM Avg
26.31%
3Y Avg
28.45%
5Y Avg
21.65%
Market Cap
$140.35M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$143.29M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$174.05M
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$178.19M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$195.50M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.32M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$281.94M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$312.86M
Debt to Assets Ratio
0.17%
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) | $63.71M | 39.40% | 26.31% | 28.45% | 21.65% |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $140.35M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $143.29M | N/A | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $174.05M | 0.08% | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $178.19M | 0.21% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $195.50M | 0.00% | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $281.94M | 0.07% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $312.86M | 0.17% | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
Debt/Assets
39.4%
Debt/Equity
0.65
Current Ratio
4.74
Interest Coverage
5.1x
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% |
