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 40.96% is 22% above its 5-year average of 33.70%, around the middle of its 5-year range (5.81%–113.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 37.13% above its 12-month average of 29.87%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 40.96%.
DEBT TO ASSETS RATIO
40.96%
DEBT TO ASSETS RATIO AVG TTM
29.87%
DEBT TO ASSETS RATIO AVG 3Y
49.27%
DEBT TO ASSETS RATIO AVG 5Y
33.70%
DEBT TO ASSETS RATIO AVG 10Y
19.79%
DEBT TO ASSETS RATIO AVG 15Y
33.26%
DEBT TO ASSETS RATIO AVG 20Y
43.98%
CURRENT VS TTM AVG
+37.13%
CURRENT VS 3Y AVG
-16.87%
CURRENT VS 5Y AVG
+21.54%
CURRENT VS 10Y AVG
+107.02%
CURRENT VS 15Y AVG
+23.14%
CURRENT VS 20Y AVG
-6.87%
SECTOR MEDIAN · INDUSTRIALS
0.24%
median of 417 covered companies
CURRENT VS SECTOR MEDIAN
+16967.29%
vs the sector median at left
Olenox Industries Inc
Market Cap
$841961.00
Debt to Assets Ratio
40.96%
TTM Avg
29.87%
3Y Avg
49.27%
5Y Avg
33.70%
Market Cap
$781736.00
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$962700.00
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$685722.00
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$676455.00
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$584282.00
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$554622.00
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$528340.00
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Olenox Industries Inc (OLOX) | $841961.00 | 40.96% | 29.87% | 49.27% | 33.70% |
| Tianci International, Inc. (CIIT)vs › | $781736.00 | 0.03% | N/A | N/A | N/A |
| PowerCompute, Inc. (PWCM)vs › | $962700.00 | 0.54% | N/A | N/A | N/A |
| Lichen International Limited (LICN)vs › | $685722.00 | 0.00% | N/A | N/A | N/A |
| Click Holdings Limited (CLIK)vs › | $676455.00 | 0.02% | N/A | N/A | N/A |
| CDT Environmental Technology Investment Holdings Limited ordinary shares (CDTG)vs › | $584282.00 | 0.07% | N/A | N/A | N/A |
| Hauchen AI Parking Management Technology Holding Co., Ltd. (HCAI)vs › | $554622.00 | 0.00% | N/A | N/A | N/A |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG)vs › | $528340.00 | 0.05% | N/A | N/A | N/A |
| OFA Group (OFAL)vs › | $524018.00 | 0.05% | N/A | N/A | N/A |
| JIADE Limited (JDZG)vs › | $468330.00 | 0.12% | N/A | N/A | N/A |
Debt/Assets
41.0%
Debt/Equity
1.36
Current Ratio
0.13
Interest Coverage
-4.8x
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 | 40.96% |
| 2026-03-31 | 29.18% |
| 2025-12-31 | 33.40% |
| 2025-09-30 | 22.54% |
| 2025-06-30 | 23.27% |
| 2025-03-31 | 24.29% |
| 2024-12-31 | 113.43% |
| 2024-09-30 | 69.71% |
| 2024-06-30 | 62.26% |
| 2024-03-31 | 64.31% |
| 2023-12-31 | 71.61% |
| 2023-09-30 | 44.97% |
| 2023-06-30 | 40.64% |
| 2023-03-31 | 35.40% |
| 2022-12-31 | 28.86% |
| 2022-09-30 | 20.44% |
| 2022-06-30 | 17.23% |
| 2022-03-31 | 14.86% |
| 2021-12-31 | 11.26% |
| 2021-09-30 | 13.05% |
| 2021-06-30 | 5.81% |
| 2021-03-31 | 5.82% |
| 2020-12-31 | 5.71% |
| 2020-09-30 | 6.17% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 3.49% |
| 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 | 30.74% |
| 2016-12-31 | 28.00% |
| 2016-09-30 | 19.90% |
| 2016-06-30 | 17.58% |
| 2016-03-31 | 624.58% |
| 2015-12-31 | 671.98% |
| 2015-09-30 | 1809.36% |
| 2015-06-30 | 862.69% |
| 2015-03-31 | 213.25% |
| 2014-12-31 | 242.86% |
| 2014-09-30 | 179.12% |
| 2014-06-30 | 134.65% |
| 2014-03-31 | 430.77% |
| 2013-12-31 | 180.55% |
| 2013-09-30 | 89.75% |
| 2013-06-30 | 79.58% |
| 2013-03-31 | 76.12% |
| 2012-12-31 | 49.43% |
| 2012-09-30 | 10.25% |
| 2012-06-30 | 9.31% |
| 2012-03-31 | 7.49% |
| 2011-12-31 | 8.55% |
| 2011-09-30 | 2278.65% |
| 2011-06-30 | 521.22% |
| 2011-03-31 | 878.20% |
| 2010-12-31 | 671.32% |
| 2010-09-30 | 304.58% |
| 2010-06-30 | 193.85% |
| 2010-03-31 | 216.81% |
| 2009-12-31 | 249.89% |
| 2009-09-30 | 172.89% |
| 2009-06-30 | 103.53% |
| 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% |
