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 0.89% is 13% above its 2-year average of 0.79%, around the middle of its 2-year range (0.20%–1.38%).
As of the fiscal period ended Tuesday, March 31, 2026. 45.56% above its 12-month average of 0.61%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-03-31): 0.89%.
DEBT TO ASSETS RATIO
0.89%
DEBT TO ASSETS RATIO AVG TTM
0.61%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+45.56%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
+287.64%
vs the sector median at left
Phoenix Asia Holdings Limited Ordinary Shares
Market Cap
$416.02M
Debt to Assets Ratio
0.89%
TTM Avg
0.61%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$411.06M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$422.09M
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$429.84M
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$398.91M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$435.31M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$439.21M
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$446.97M
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$383.19M
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE) | $416.02M | 0.89% | 0.61% | N/A | N/A |
| Twin Disc, Incorporated (TWIN)vs › | $411.06M | 0.11% | N/A | N/A | N/A |
| Acacia Research Corporation (ACTG)vs › | $422.09M | 0.13% | N/A | N/A | N/A |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $429.84M | 0.29% | N/A | N/A | N/A |
| Aduro Clean Technologies Inc. (ADUR)vs › | $398.91M | 0.01% | N/A | N/A | N/A |
| TAT Technologies Ltd. (TATT)vs › | $435.31M | 0.07% | N/A | N/A | N/A |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $439.21M | 0.22% | N/A | N/A | N/A |
| Universal Logistics Holdings, Inc. (ULH)vs › | $446.97M | 0.50% | N/A | N/A | N/A |
| Xerox Holdings Corporation (XRX)vs › | $383.19M | 0.43% | N/A | N/A | N/A |
| BUUU Group Ltd (BUUU)vs › | $452.60M | 0.34% | N/A | N/A | N/A |
Debt/Assets
0.9%
Debt/Equity
0.01
Current Ratio
5.46
Interest Coverage
-487.7x
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 |
|---|---|
| 2026-03-31 | 0.89% |
| 2025-12-31 | 0.89% |
| 2025-09-30 | 0.20% |
| 2025-03-31 | 0.47% |
| 2024-09-30 | 0.88% |
| 2024-03-31 | 1.38% |