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 38.64% is 45% above its 5-year average of 26.68%, near the high end of its 5-year range (3.07%–53.28%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.37% below its 12-month average of 45.12%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 38.64%.
DEBT TO ASSETS RATIO
38.64%
DEBT TO ASSETS RATIO AVG TTM
45.12%
DEBT TO ASSETS RATIO AVG 3Y
37.94%
DEBT TO ASSETS RATIO AVG 5Y
26.68%
DEBT TO ASSETS RATIO AVG 10Y
18.71%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-14.37%
CURRENT VS 3Y AVG
+1.82%
CURRENT VS 5Y AVG
+44.79%
CURRENT VS 10Y AVG
+106.48%
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
+16698.13%
vs the sector median at left
Polar Power, Inc.
Market Cap
$3.20M
Debt to Assets Ratio
38.64%
TTM Avg
45.12%
3Y Avg
37.94%
5Y Avg
26.68%
Market Cap
$3.20M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.02M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.38M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.54M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.74M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Polar Power, Inc. (POLA) | $3.20M | 38.64% | 45.12% | 37.94% | 26.68% |
| Iveda Solutions, Inc. (IVDA)vs › | $3.20M | 0.11% | N/A | N/A | N/A |
| BioNexus Gene Lab Corp. (BGLC)vs › | $3.02M | 0.02% | N/A | N/A | N/A |
| Addentax Group Corp. (ATXG)vs › | $3.38M | 0.02% | N/A | N/A | N/A |
| Baiya International Group Inc. (BIYA)vs › | $3.54M | 0.00% | N/A | N/A | N/A |
| YYForce Inc. (YFOR)vs › | $3.54M | N/A | N/A | N/A | N/A |
| PTL Limited (PTLE)vs › | $2.82M | 0.00% | N/A | N/A | N/A |
| INLIF Limited (INLF)vs › | $3.59M | 0.08% | N/A | N/A | N/A |
| Intelligent Group Limited (INTJ)vs › | $2.74M | 0.03% | N/A | N/A | N/A |
| DEFSEC Technologies Inc. (DFSC)vs › | $2.73M | 0.12% | N/A | N/A | N/A |
Debt/Assets
38.6%
Debt/Equity
4.60
Current Ratio
1.34
Interest Coverage
-11.1x
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 | 38.64% |
| 2026-03-31 | 42.61% |
| 2025-12-31 | 53.28% |
| 2025-09-30 | 49.21% |
| 2025-06-30 | 41.87% |
| 2025-03-31 | 40.70% |
| 2024-12-31 | 39.43% |
| 2024-09-30 | 33.89% |
| 2024-06-30 | 33.41% |
| 2024-03-31 | 33.30% |
| 2023-12-31 | 29.85% |
| 2023-09-30 | 30.72% |
| 2023-06-30 | 26.40% |
| 2023-03-31 | 20.44% |
| 2022-12-31 | 10.00% |
| 2022-09-30 | 3.07% |
| 2022-06-30 | 3.76% |
| 2022-03-31 | 4.85% |
| 2021-12-31 | 5.52% |
| 2021-09-30 | 6.41% |
| 2021-06-30 | 13.02% |
| 2021-03-31 | 13.67% |
| 2020-12-31 | 23.33% |
| 2020-09-30 | 21.69% |
| 2020-06-30 | 20.58% |
| 2020-03-31 | 13.56% |
| 2019-12-31 | 14.36% |
| 2019-09-30 | 12.43% |
| 2019-06-30 | 12.35% |
| 2019-03-31 | 13.11% |
| 2018-12-31 | 4.79% |
| 2018-09-30 | 3.30% |
| 2018-06-30 | 3.38% |
| 2018-03-31 | 0.87% |
| 2017-12-31 | 0.97% |
| 2017-09-30 | 1.07% |
| 2017-06-30 | 1.17% |
| 2017-03-31 | 1.13% |
| 2016-12-31 | 1.31% |
| 2016-09-30 | 17.94% |
| 2016-06-30 | 25.82% |
| 2015-12-31 | 29.70% |
