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 7.46% is 327% above its 5-year average of 1.75%, near the high end of its 5-year range (0.00%–8.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 137.69% above its 12-month average of 3.14%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.46%.
DEBT TO ASSETS RATIO
7.46%
DEBT TO ASSETS RATIO AVG TTM
3.14%
DEBT TO ASSETS RATIO AVG 3Y
1.78%
DEBT TO ASSETS RATIO AVG 5Y
1.75%
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
+137.69%
CURRENT VS 3Y AVG
+320.07%
CURRENT VS 5Y AVG
+326.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 620 covered companies
CURRENT VS SECTOR MEDIAN
+14822.34%
vs the sector median at left
Palomar Holdings, Inc.
Market Cap
$3.36B
Debt to Assets Ratio
7.46%
TTM Avg
3.14%
3Y Avg
1.78%
5Y Avg
1.75%
Market Cap
$3.31B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.24B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.49B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.49B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.50B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.20B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.53B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palomar Holdings, Inc. (PLMR) | $3.36B | 7.46% | 3.14% | 1.78% | 1.75% |
| First Financial Bancorp. (FFBC)vs › | $3.31B | 0.04% | N/A | N/A | N/A |
| Mechanics Bank (MCHB)vs › | $3.31B | 0.01% | N/A | N/A | N/A |
| iShares Core 80/20 Aggressive Allocation ETF (AOA)vs › | $3.24B | N/A | N/A | N/A | N/A |
| First Interstate BancSystem, Inc. (FIBK)vs › | $3.49B | 0.03% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAO)vs › | $3.49B | 0.01% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAN)vs › | $3.50B | 0.01% | N/A | N/A | N/A |
| Golub Capital BDC, Inc. (GBDC)vs › | $3.20B | 0.54% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAM)vs › | $3.53B | 0.01% | N/A | N/A | N/A |
| CleanSpark, Inc. (CLSK)vs › | $3.18B | 0.66% | N/A | N/A | N/A |
Debt/Assets
7.5%
Debt/Equity
0.30
Current ratio and interest coverage is unavailable for Palomar Holdings, Inc.: 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 |
|---|---|
| 2026-06-30 | 7.46% |
| 2026-03-31 | 8.23% |
| 2025-12-31 | 0.00% |
| 2025-09-30 | 0.00% |
| 2025-06-30 | 0.00% |
| 2025-03-31 | 0.00% |
| 2024-12-31 | 0.64% |
| 2024-09-30 | 0.00% |
| 2024-06-30 | 0.00% |
| 2024-03-31 | 2.28% |
| 2023-12-31 | 3.08% |
| 2023-09-30 | 3.23% |
| 2023-06-30 | 4.62% |
| 2023-03-31 | 4.95% |
| 2022-12-31 | 2.79% |
| 2022-09-30 | 2.17% |
| 2022-06-30 | 2.19% |
| 2022-03-31 | 1.57% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 7.76% |
| 2018-12-31 | 8.25% |
