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 32.28% is 28% above its 5-year average of 25.14%, near the high end of its 5-year range (13.64%–38.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.00% above its 12-month average of 30.74%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 32.28%.
DEBT TO ASSETS RATIO
32.28%
DEBT TO ASSETS RATIO AVG TTM
30.74%
DEBT TO ASSETS RATIO AVG 3Y
23.99%
DEBT TO ASSETS RATIO AVG 5Y
25.14%
DEBT TO ASSETS RATIO AVG 10Y
15.77%
DEBT TO ASSETS RATIO AVG 15Y
10.60%
DEBT TO ASSETS RATIO AVG 20Y
7.98%
CURRENT VS TTM AVG
+5.00%
CURRENT VS 3Y AVG
+34.53%
CURRENT VS 5Y AVG
+28.40%
CURRENT VS 10Y AVG
+104.68%
CURRENT VS 15Y AVG
+204.52%
CURRENT VS 20Y AVG
+304.37%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+17831.69%
vs the sector median at left
Nova Ltd.
Market Cap
$11.70B
Debt to Assets Ratio
32.28%
TTM Avg
30.74%
3Y Avg
23.99%
5Y Avg
25.14%
Market Cap
$12.01B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.20B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.43B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nova Ltd. (NVMI) | $11.70B | 32.28% | 30.74% | 23.99% | 25.14% |
| Rambus Inc. (RMBS)vs › | $11.41B | 0.01% | N/A | N/A | N/A |
| Manhattan Associates, Inc. (MANH)vs › | $12.01B | 0.08% | N/A | N/A | N/A |
| Advanced Energy Industries, Inc. (AEIS)vs › | $11.20B | 0.40% | N/A | N/A | N/A |
| Grab Holdings Limited (GRAB)vs › | $12.43B | 0.15% | N/A | N/A | N/A |
| HubSpot, Inc. (HUBS)vs › | $10.95B | 0.07% | N/A | N/A | N/A |
| Gartner, Inc. (IT)vs › | $12.58B | 0.41% | N/A | N/A | N/A |
| GoDaddy Inc. (GDDY)vs › | $12.86B | 0.48% | N/A | N/A | N/A |
| DocuSign, Inc. (DOCU)vs › | $12.89B | 0.05% | N/A | N/A | N/A |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.50B | 0.01% | N/A | N/A | N/A |
Debt/Assets
32.3%
Debt/Equity
0.55
Current Ratio
1.55
Interest Coverage
109.4x
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 | 32.28% |
| 2026-03-31 | 33.12% |
| 2025-12-31 | 36.37% |
| 2025-09-30 | 38.30% |
| 2025-06-30 | 13.64% |
| 2025-03-31 | 16.10% |
| 2024-12-31 | 16.98% |
| 2024-09-30 | 18.10% |
| 2024-06-30 | 19.35% |
| 2024-03-31 | 20.42% |
| 2023-12-31 | 21.53% |
| 2023-09-30 | 22.29% |
| 2023-06-30 | 23.42% |
| 2023-03-31 | 23.82% |
| 2022-12-31 | 25.00% |
| 2022-09-30 | 26.22% |
| 2022-06-30 | 27.15% |
| 2022-03-31 | 28.29% |
| 2021-12-31 | 27.44% |
| 2021-09-30 | 27.98% |
| 2021-06-30 | 30.10% |
| 2021-03-31 | 31.17% |
| 2020-12-31 | 32.70% |
| 2020-09-30 | 7.66% |
| 2020-06-30 | 7.75% |
| 2020-03-31 | 7.85% |
| 2019-12-31 | 8.32% |
| 2019-09-30 | 7.60% |
| 2019-06-30 | 7.89% |
| 2019-03-31 | 7.73% |
| 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 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
