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 3.21% is 20% above its 5-year average of 2.68%, near the high end of its 5-year range (1.54%–3.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 33.49% above its 12-month average of 2.40%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.21%.
DEBT TO ASSETS RATIO
3.21%
DEBT TO ASSETS RATIO AVG TTM
2.40%
DEBT TO ASSETS RATIO AVG 3Y
2.41%
DEBT TO ASSETS RATIO AVG 5Y
2.68%
DEBT TO ASSETS RATIO AVG 10Y
2.02%
DEBT TO ASSETS RATIO AVG 15Y
1.35%
DEBT TO ASSETS RATIO AVG 20Y
1.36%
CURRENT VS TTM AVG
+33.49%
CURRENT VS 3Y AVG
+32.87%
CURRENT VS 5Y AVG
+19.81%
CURRENT VS 10Y AVG
+59.17%
CURRENT VS 15Y AVG
+136.82%
CURRENT VS 20Y AVG
+136.01%
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 645 covered companies
CURRENT VS SECTOR MEDIAN
+2368.16%
vs the sector median at left
OneSpan Inc.
Market Cap
$681.40M
Debt to Assets Ratio
3.21%
TTM Avg
2.40%
3Y Avg
2.41%
5Y Avg
2.68%
Market Cap
$682.52M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$669.18M
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$668.77M
Debt to Assets Ratio
0.81%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$695.84M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$650.82M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$640.72M
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$634.41M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| OneSpan Inc. (OSPN) | $681.40M | 3.21% | 2.40% | 2.41% | 2.68% |
| LightPath Technologies, Inc. (LPTH)vs › | $682.52M | 0.06% | N/A | N/A | N/A |
| WhiteFiber, Inc. Ordinary Shares (WYFI)vs › | $669.18M | 0.05% | N/A | N/A | N/A |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $668.77M | 0.81% | N/A | N/A | N/A |
| Gilat Satellite Networks Ltd. (GILT)vs › | $695.84M | 0.01% | N/A | N/A | N/A |
| Cognyte Software Ltd. (CGNT)vs › | $650.82M | 0.07% | N/A | N/A | N/A |
| TaskUs, Inc. (TASK)vs › | $718.10M | 0.55% | N/A | N/A | N/A |
| Priority Technology Holdings, Inc. (PRTH)vs › | $640.72M | 0.42% | N/A | N/A | N/A |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $634.41M | 0.03% | N/A | N/A | N/A |
| Stratasys Ltd. (SSYS)vs › | $743.13M | 0.02% | N/A | N/A | N/A |
Debt/Assets
3.2%
Debt/Equity
0.05
Current Ratio
1.33
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 |
|---|---|
| 2026-06-30 | 3.21% |
| 2026-03-31 | 2.08% |
| 2025-12-31 | 1.54% |
| 2025-09-30 | 2.55% |
| 2025-06-30 | 2.64% |
| 2025-03-31 | 2.67% |
| 2024-12-31 | 2.74% |
| 2024-09-30 | 2.57% |
| 2024-06-30 | 2.44% |
| 2024-03-31 | 2.17% |
| 2023-12-31 | 3.06% |
| 2023-09-30 | 1.87% |
| 2023-06-30 | 1.86% |
| 2023-03-31 | 2.55% |
| 2022-12-31 | 3.19% |
| 2022-09-30 | 2.84% |
| 2022-06-30 | 2.95% |
| 2022-03-31 | 2.96% |
| 2021-12-31 | 2.97% |
| 2021-09-30 | 3.10% |
| 2021-06-30 | 3.15% |
| 2021-03-31 | 3.22% |
| 2020-12-31 | 3.30% |
| 2020-09-30 | 3.39% |
| 2020-06-30 | 3.19% |
| 2020-03-31 | 3.34% |
| 2019-12-31 | 3.64% |
| 2019-09-30 | 3.09% |
| 2019-06-30 | 2.15% |
| 2019-03-31 | 2.21% |
| 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 | 3.62% |
| 2007-06-30 | 3.89% |
| 2007-03-31 | 4.29% |
| 2006-12-31 | 3.44% |
| 2006-09-30 | 5.86% |
| 2006-06-30 | 6.38% |
| 2006-03-31 | 1.94% |
| 2005-12-31 | 7.64% |
| 2005-09-30 | 7.46% |
| 2005-06-30 | 6.43% |
| 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 | 25.96% |
| 2003-03-31 | 26.59% |
| 2002-12-31 | 32.53% |
| 2002-09-30 | 28.55% |