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 26.73% is in line with its 5-year average of 27.81%, around the middle of its 5-year range (13.79%–38.65%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.44% above its 12-month average of 23.57%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-03-31): 26.73%.
DEBT TO ASSETS RATIO
26.73%
DEBT TO ASSETS RATIO AVG TTM
23.57%
DEBT TO ASSETS RATIO AVG 3Y
23.90%
DEBT TO ASSETS RATIO AVG 5Y
27.81%
DEBT TO ASSETS RATIO AVG 10Y
34.28%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+13.44%
CURRENT VS 3Y AVG
+11.84%
CURRENT VS 5Y AVG
-3.88%
CURRENT VS 10Y AVG
-22.01%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 676 covered companies
CURRENT VS SECTOR MEDIAN
+53366.85%
vs the sector median at left
Oxford Lane Capital Corp.
Market Cap
$2.44B
Debt to Assets Ratio
26.73%
TTM Avg
23.57%
3Y Avg
23.90%
5Y Avg
27.81%
Market Cap
$2.48B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.49B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.51B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.38B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oxford Lane Capital Corp. (OXLCM) | $2.44B | 26.73% | 23.57% | 23.90% | 27.81% |
| Columbia Financial, Inc. (CLBK)vs › | $2.48B | 0.10% | N/A | N/A | N/A |
| First Bancorp (FBNC)vs › | $2.49B | 0.01% | N/A | N/A | N/A |
| First Busey Corporation (BUSE)vs › | $2.49B | 0.03% | N/A | N/A | N/A |
| Merchants Bancorp (MBINN)vs › | $2.39B | 0.20% | N/A | N/A | N/A |
| First Merchants Corporation (FRME)vs › | $2.51B | 0.08% | N/A | N/A | N/A |
| Merchants Bancorp (MBINL)vs › | $2.38B | 0.20% | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.38B | 0.42% | N/A | N/A | N/A |
| Merchants Bancorp (MBINM)vs › | $2.54B | 0.20% | N/A | N/A | N/A |
| The Baldwin Insurance Group, Inc. (BWIN)vs › | $2.58B | 0.44% | N/A | N/A | N/A |
Debt/Assets
26.7%
Debt/Equity
0.47
Current ratio and interest coverage is unavailable for Oxford Lane Capital Corp.: 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 |
|---|---|
| 2026-03-31 | 26.73% |
| 2025-09-30 | 26.82% |
| 2025-03-31 | 17.14% |
| 2024-09-30 | 13.79% |
| 2024-03-31 | 15.30% |
| 2023-09-30 | 31.94% |
| 2023-03-31 | 35.60% |
| 2022-09-30 | 38.65% |
| 2022-03-31 | 31.64% |
| 2021-09-30 | 33.22% |
| 2021-03-31 | 35.10% |
| 2020-09-30 | 38.81% |
| 2020-03-31 | 47.80% |
| 2019-09-30 | 30.02% |
| 2019-03-31 | 37.12% |
| 2018-09-30 | 33.73% |
| 2018-03-31 | 42.43% |
| 2017-09-30 | 38.88% |
| 2017-03-31 | 35.36% |
| 2016-09-30 | 35.99% |
