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 0.21% is 1064% above its 3-year average of 0.02%, around the middle of its 3-year range (0.00%–0.36%).
As of the fiscal period ended Tuesday, June 30, 2026. 400.00% above its 12-month average of 0.04%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.21%.
DEBT TO ASSETS RATIO
0.21%
DEBT TO ASSETS RATIO AVG TTM
0.04%
DEBT TO ASSETS RATIO AVG 3Y
0.02%
DEBT TO ASSETS RATIO AVG 5Y
0.00%
DEBT TO ASSETS RATIO AVG 10Y
0.00%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+400.00%
CURRENT VS 3Y AVG
+1064.00%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 680 covered companies
CURRENT VS SECTOR MEDIAN
+326.41%
vs the sector median at left
NI Holdings, Inc.
Market Cap
$305.17M
Debt to Assets Ratio
0.21%
TTM Avg
0.04%
3Y Avg
0.02%
5Y Avg
0.00%
Market Cap
$305.40M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$307.31M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$302.92M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$307.99M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$302.24M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$301.31M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$300.60M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$310.43M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NI Holdings, Inc. (NODK) | $305.17M | 0.21% | 0.04% | 0.02% | 0.00% |
| Infinite Eagle Acquisition Corp. Class A Ordinary Shares (IEAG)vs › | $305.40M | 0.00% | N/A | N/A | N/A |
| First Community Corporation (FCCO)vs › | $307.31M | 0.05% | N/A | N/A | N/A |
| Highview Merger Corp. Class A Ordinary Share (HVMC)vs › | $302.92M | 0.00% | N/A | N/A | N/A |
| Columbus Circle Cap Corp. Iii (CCCT)vs › | $307.99M | N/A | N/A | N/A | N/A |
| Osprey Acquisition Corp. III (OSPR)vs › | $302.24M | N/A | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V Ltd. (TBCV)vs › | $301.31M | N/A | N/A | N/A | N/A |
| Aldabra 4 Liquidity Opportunity Vehicle Inc. (ALOV)vs › | $300.60M | 0.00% | N/A | N/A | N/A |
| D. Boral Acquisition I Corp. Class A Ordinary Shares (DBCA)vs › | $310.43M | N/A | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $310.48M | 0.17% | N/A | N/A | N/A |
Debt/Assets
0.2%
Debt/Equity
0.00
Current ratio and interest coverage is unavailable for NI Holdings, 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 | 0.21% |
| 2026-03-31 | 0.00% |
| 2025-12-31 | 0.00% |
| 2025-09-30 | 0.00% |
| 2025-06-30 | 0.00% |
| 2025-03-31 | 0.00% |
| 2024-12-31 | 0.10% |
| 2024-09-30 | 0.02% |
| 2024-06-30 | 0.36% |
| 2024-03-31 | 0.00% |
| 2023-12-31 | 0.08% |
| 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 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 2.54% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |