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 19.24% is 162% above its 2-year average of 7.34%, near the high end of its 2-year range (0.18%–19.65%).
As of the fiscal period ended Tuesday, March 31, 2026. 36.92% above its 12-month average of 14.05%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 19.24%.
DEBT TO ASSETS RATIO
19.24%
DEBT TO ASSETS RATIO AVG TTM
14.05%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
+36.92%
CURRENT VS 3Y AVG
N/A
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 · TECHNOLOGY
0.13%
median of 645 covered companies
CURRENT VS SECTOR MEDIAN
+14702.51%
vs the sector median at left
NetClass Technology Inc
Market Cap
$833850.00
Debt to Assets Ratio
19.24%
TTM Avg
14.05%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$836400.00
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$933844.00
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.03M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$529404.00
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$512098.00
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetClass Technology Inc (NTCL) | $833850.00 | 19.24% | 14.05% | N/A | N/A |
| Wetour Robotics Limited (WETO)vs › | $836400.00 | 0.32% | N/A | N/A | N/A |
| 3 E Network Technology Group Ltd Class A Ordinary Shares (MASK)vs › | $933844.00 | 0.12% | N/A | N/A | N/A |
| My Size, Inc. (MYSZ)vs › | $945565.00 | 0.16% | N/A | N/A | N/A |
| Jet.AI Inc. (JTAI)vs › | $957282.00 | 0.00% | N/A | N/A | N/A |
| Global Mofy Metaverse Limited (GMM)vs › | $1.03M | 0.05% | N/A | N/A | N/A |
| SmartKem, Inc. (SMTK)vs › | $600012.00 | 0.00% | N/A | N/A | N/A |
| Wellchange Holdings Company Limited (WCT)vs › | $529404.00 | 0.04% | N/A | N/A | N/A |
| TruGolf Holdings, Inc. (TRUG)vs › | $512098.00 | 0.22% | N/A | N/A | N/A |
| AGM Group Holdings Inc. (AGMH)vs › | $1.25M | 0.06% | N/A | N/A | N/A |
Debt/Assets
19.2%
Debt/Equity
0.67
Current Ratio
0.92
Interest Coverage
N/A
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 |
|---|---|
| 2026-03-31 | 19.24% |
| 2025-09-30 | 19.65% |
| 2025-03-31 | 3.27% |
| 2024-09-30 | 0.18% |
| 2024-03-30 | 0.84% |
| 2023-09-30 | 0.83% |