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 31.03% is 33% above its 5-year average of 23.28%, around the middle of its 5-year range (3.29%–55.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 27.01% below its 12-month average of 42.51%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 31.03%.
DEBT TO ASSETS RATIO
31.03%
DEBT TO ASSETS RATIO AVG TTM
42.51%
DEBT TO ASSETS RATIO AVG 3Y
31.65%
DEBT TO ASSETS RATIO AVG 5Y
23.28%
DEBT TO ASSETS RATIO AVG 10Y
13.21%
DEBT TO ASSETS RATIO AVG 15Y
10.91%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-27.01%
CURRENT VS 3Y AVG
-1.97%
CURRENT VS 5Y AVG
+33.30%
CURRENT VS 10Y AVG
+134.97%
CURRENT VS 15Y AVG
+184.51%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 114 covered companies
CURRENT VS SECTOR MEDIAN
+28109.92%
vs the sector median at left
PIMCO California Municipal Income Fund
Market Cap
$435.59M
Debt to Assets Ratio
31.03%
TTM Avg
42.51%
3Y Avg
31.65%
5Y Avg
23.28%
Market Cap
$431.13M
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$311.37M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$562.76M
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$279.52M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.59M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.95M
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$205.51M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PIMCO California Municipal Income Fund (PCQ) | $435.59M | 31.03% | 42.51% | 31.65% | 23.28% |
| Invesco California Value Municipal Income Trust (VCV)vs › | $431.13M | 0.38% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | 0.17% | N/A | N/A | N/A |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $562.76M | 0.43% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 0.07% | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 0.36% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $205.51M | 0.00% | N/A | N/A | N/A |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.32M | N/A | N/A | N/A | N/A |
Debt/Assets
31.0%
Debt/Equity
0.57
Current Ratio
0.15
Interest Coverage
4.3x
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 | 31.03% |
| 2025-12-31 | 40.88% |
| 2025-06-30 | 55.63% |
| 2024-12-31 | 40.85% |
| 2024-06-30 | 39.98% |
| 2023-12-31 | 9.92% |
| 2023-06-30 | 3.29% |
| 2022-12-31 | 3.30% |
| 2022-06-30 | 7.62% |
| 2021-12-31 | 12.24% |
| 2021-06-30 | 11.32% |
| 2020-12-31 | 11.33% |
| 2020-06-30 | 11.55% |
| 2019-12-31 | 16.84% |
| 2019-06-30 | 17.49% |
| 2018-12-31 | 18.57% |
| 2018-06-30 | 21.44% |
| 2017-12-31 | 17.66% |
| 2017-06-30 | 16.22% |
| 2016-12-31 | 8.55% |
| 2016-06-30 | 6.13% |
| 2015-12-31 | 6.29% |
| 2015-01-31 | 6.38% |
| 2014-07-31 | 7.03% |
| 2014-01-31 | 7.23% |
| 2013-07-31 | 7.21% |
| 2013-01-31 | 6.96% |
| 2012-07-31 | 7.06% |
| 2012-01-31 | 0.00% |
