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 51.43% is in line with its 5-year average of 51.76%, around the middle of its 5-year range (47.11%–57.67%).
As of the fiscal period ended Sunday, June 28, 2026. 2.43% above its 12-month average of 50.21%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-28): 51.43%.
DEBT TO ASSETS RATIO
51.43%
DEBT TO ASSETS RATIO AVG TTM
50.21%
DEBT TO ASSETS RATIO AVG 3Y
50.30%
DEBT TO ASSETS RATIO AVG 5Y
51.76%
DEBT TO ASSETS RATIO AVG 10Y
51.54%
DEBT TO ASSETS RATIO AVG 15Y
46.10%
DEBT TO ASSETS RATIO AVG 20Y
44.88%
CURRENT VS TTM AVG
+2.43%
CURRENT VS 3Y AVG
+2.24%
CURRENT VS 5Y AVG
-0.65%
CURRENT VS 10Y AVG
-0.22%
CURRENT VS 15Y AVG
+11.55%
CURRENT VS 20Y AVG
+14.59%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.35%
median of 290 covered companies
CURRENT VS SECTOR MEDIAN
+14593.18%
vs the sector median at left
Patrick Industries, Inc.
Market Cap
$2.19B
Debt to Assets Ratio
51.43%
TTM Avg
50.21%
3Y Avg
50.30%
5Y Avg
51.76%
Market Cap
$2.13B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.12B
Debt to Assets Ratio
0.48%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.07B
Debt to Assets Ratio
0.83%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.36B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.36B
Debt to Assets Ratio
0.64%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Patrick Industries, Inc. (PATK) | $2.19B | 51.43% | 50.21% | 50.30% | 51.76% |
| Kohl's Corporation (KSS)vs › | $2.19B | 0.48% | N/A | N/A | N/A |
| The Buckle, Inc. (BKE)vs › | $2.24B | 0.38% | N/A | N/A | N/A |
| Monarch Casino & Resort, Inc. (MCRI)vs › | $2.13B | 0.02% | N/A | N/A | N/A |
| PENN Entertainment, Inc. (PENN)vs › | $2.12B | 0.48% | N/A | N/A | N/A |
| Polibeli Group Ltd (PLBL)vs › | $2.09B | 0.00% | N/A | N/A | N/A |
| Peloton Interactive, Inc. (PTON)vs › | $2.07B | 0.83% | N/A | N/A | N/A |
| OneSpaWorld Holdings Ltd (OSW)vs › | $2.36B | 0.12% | N/A | N/A | N/A |
| Lindblad Expeditions Holdings, Inc. (LIND)vs › | $2.36B | 0.64% | N/A | N/A | N/A |
| Driven Brands Holdings Inc. (DRVN)vs › | $1.96B | 0.63% | N/A | N/A | N/A |
Debt/Assets
51.4%
Debt/Equity
1.46
Current Ratio
2.67
Interest Coverage
3.7x
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 |
|---|---|
| 2026-06-28 | 51.43% |
| 2026-03-29 | 49.89% |
| 2025-12-31 | 53.37% |
| 2025-09-28 | 48.69% |
| 2025-06-29 | 47.66% |
| 2025-03-30 | 51.21% |
| 2024-12-31 | 50.40% |
| 2024-09-29 | 51.18% |
| 2024-06-30 | 50.40% |
| 2024-03-31 | 52.57% |
| 2023-12-31 | 47.11% |
| 2023-10-01 | 48.41% |
| 2023-07-02 | 51.61% |
| 2023-04-02 | 55.17% |
| 2022-12-31 | 52.12% |
| 2022-09-25 | 52.08% |
| 2022-06-26 | 56.00% |
| 2022-03-27 | 57.67% |
| 2021-12-31 | 54.59% |
| 2021-09-26 | 53.71% |
| 2021-06-27 | 56.71% |
| 2021-03-28 | 50.38% |
| 2020-12-31 | 53.47% |
| 2020-09-27 | 50.37% |
| 2020-06-28 | 52.54% |
| 2020-03-29 | 51.65% |
| 2019-12-31 | 52.71% |
| 2019-09-29 | 52.20% |
| 2019-06-30 | 49.79% |
| 2019-03-31 | 51.93% |
| 2018-12-31 | 51.21% |
| 2018-09-30 | 49.37% |
| 2018-07-01 | 48.95% |
| 2018-04-01 | 41.66% |
| 2017-12-31 | 40.83% |
| 2017-09-24 | 35.78% |
| 2017-06-25 | 37.74% |
| 2017-03-26 | 35.16% |
| 2016-12-31 | 50.95% |
| 2016-09-25 | 52.47% |
| 2016-06-26 | 52.60% |
| 2016-03-27 | 53.17% |
| 2015-12-31 | 52.97% |
| 2015-09-27 | 53.64% |
| 2015-06-28 | 45.34% |
| 2015-03-29 | 46.32% |
| 2014-12-31 | 39.54% |
| 2014-09-28 | 40.66% |
| 2014-06-29 | 39.89% |
| 2014-03-30 | 24.57% |
| 2013-12-31 | 31.58% |
| 2013-09-29 | 32.42% |
| 2013-06-30 | 28.06% |
| 2013-03-31 | 33.93% |
| 2012-12-31 | 34.65% |
| 2012-09-30 | 25.11% |
| 2012-07-01 | 22.48% |
| 2012-04-01 | 33.87% |
| 2011-12-31 | 38.42% |
| 2011-09-25 | 35.85% |
| 2011-06-26 | 43.04% |
| 2011-03-27 | 41.58% |
| 2010-12-31 | 48.43% |
| 2010-09-26 | 47.68% |
| 2010-06-27 | 44.84% |
| 2010-03-28 | 48.28% |
| 2009-12-31 | 54.87% |
| 2009-09-27 | 54.46% |
| 2009-06-28 | 57.96% |
| 2009-03-29 | 60.58% |
| 2008-12-31 | 60.01% |
| 2008-09-28 | 31.11% |
| 2008-06-29 | 28.66% |
| 2008-03-30 | 35.81% |
| 2007-12-31 | 41.59% |
| 2007-09-30 | 37.85% |
| 2007-06-30 | 39.38% |
| 2007-03-31 | 28.32% |
| 2006-12-31 | 24.25% |
| 2006-09-30 | 22.80% |
| 2006-06-30 | 17.50% |
| 2006-03-31 | 17.48% |
| 2005-12-31 | 19.15% |
| 2005-09-30 | 18.77% |
| 2005-06-30 | 21.85% |
| 2005-03-31 | 22.50% |
| 2004-12-31 | 16.32% |
| 2004-09-30 | 14.21% |
| 2004-06-30 | 13.80% |
| 2004-03-30 | 12.95% |
| 2003-12-31 | 14.10% |
| 2003-09-30 | 13.59% |
| 2003-06-30 | 16.62% |
| 2003-03-31 | 16.84% |
| 2002-12-31 | 17.48% |
| 2002-09-30 | 15.94% |