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 34.85% is 1162% above its 5-year average of 2.76%, around the middle of its 5-year range (0.00%–50.61%).
As of the fiscal period ended Friday, July 31, 2026. 9.96% above its 12-month average of 31.69%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 34.85%.
DEBT TO ASSETS RATIO
34.85%
DEBT TO ASSETS RATIO AVG TTM
31.69%
DEBT TO ASSETS RATIO AVG 3Y
14.33%
DEBT TO ASSETS RATIO AVG 5Y
2.76%
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
+9.96%
CURRENT VS 3Y AVG
+143.19%
CURRENT VS 5Y AVG
+1162.04%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+13049.15%
vs the sector median at left
Planet Labs PBC
Market Cap
$5.77B
Debt to Assets Ratio
34.85%
TTM Avg
31.69%
3Y Avg
14.33%
5Y Avg
2.76%
Market Cap
$5.65B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.93B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.51B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.67B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Planet Labs PBC (PL) | $5.77B | 34.85% | 31.69% | 14.33% | 2.76% |
| Casella Waste Systems, Inc. (CWST)vs › | $5.65B | 0.41% | N/A | N/A | N/A |
| Everus Construction Group, Inc. (ECG)vs › | $5.93B | 0.18% | N/A | N/A | N/A |
| AAON, Inc. (AAON)vs › | $6.26B | 0.25% | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $6.37B | 0.45% | N/A | N/A | N/A |
| EnerSys (ENS)vs › | $6.51B | 0.26% | N/A | N/A | N/A |
| Powell Industries, Inc. (POWL)vs › | $6.51B | 0.00% | N/A | N/A | N/A |
| UniFirst Corporation (UNF)vs › | $4.97B | 0.03% | N/A | N/A | N/A |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.67B | 0.22% | N/A | N/A | N/A |
| Amentum Holdings, Inc. (AMTM)vs › | $4.80B | 0.34% | N/A | N/A | N/A |
Debt/Assets
34.8%
Debt/Equity
0.88
Current Ratio
2.84
Interest Coverage
-27.7x
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 |
|---|---|
| 2026-07-31 | 34.85% |
| 2026-04-30 | 39.00% |
| 2026-01-31 | 40.37% |
| 2025-10-31 | 41.71% |
| 2025-07-31 | 2.52% |
| 2025-04-30 | 2.98% |
| 2025-01-31 | 3.41% |
| 2024-10-31 | 3.63% |
| 2024-07-31 | 3.64% |
| 2024-04-30 | 3.47% |
| 2024-01-31 | 3.55% |
| 2023-10-31 | 3.48% |
| 2023-07-31 | 3.66% |
| 2023-04-30 | 3.63% |
| 2023-01-31 | 2.93% |
| 2022-10-31 | 2.35% |
| 2022-07-31 | 0.98% |
| 2022-04-30 | 1.19% |
| 2022-01-31 | 0.00% |
| 2021-09-30 | 50.61% |
| 2021-06-30 | 46.24% |
| 2021-03-31 | 48.86% |
