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 14.14% is 50% below its 5-year average of 28.12%, near the low end of its 5-year range (0.00%–162.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 62.16% below its 12-month average of 37.37%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 14.14%.
DEBT TO ASSETS RATIO
14.14%
DEBT TO ASSETS RATIO AVG TTM
37.37%
DEBT TO ASSETS RATIO AVG 3Y
58.78%
DEBT TO ASSETS RATIO AVG 5Y
28.12%
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
-62.16%
CURRENT VS 3Y AVG
-75.94%
CURRENT VS 5Y AVG
-49.71%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.09%
median of 873 covered companies
CURRENT VS SECTOR MEDIAN
+15614.44%
vs the sector median at left
QT Imaging Holdings, Inc.
Market Cap
$35.52M
Debt to Assets Ratio
14.14%
TTM Avg
37.37%
3Y Avg
58.78%
5Y Avg
28.12%
Market Cap
$35.84M
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$34.97M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.21M
Debt to Assets Ratio
1.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.63M
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.61M
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 |
|---|---|---|---|---|---|
| QT Imaging Holdings, Inc. (QTI) | $35.52M | 14.14% | 37.37% | 58.78% | 28.12% |
| DocGo Inc. (DCGO)vs › | $35.76M | 0.14% | N/A | N/A | N/A |
| Edesa Biotech, Inc. (EDSA)vs › | $35.84M | 0.00% | N/A | N/A | N/A |
| Elicio Therapeutics, Inc. (ELTX)vs › | $35.84M | 0.45% | N/A | N/A | N/A |
| BriaCell Therapeutics Corp. (BCTX)vs › | $34.97M | 0.00% | N/A | N/A | N/A |
| EUDA Health Holdings Limited (EUDA)vs › | $36.21M | 1.40% | N/A | N/A | N/A |
| Elutia Inc (ELUT)vs › | $34.35M | 0.25% | N/A | N/A | N/A |
| Scilex Holding Company (SCLX)vs › | $33.63M | 0.38% | N/A | N/A | N/A |
| Grace Therapeutics, Inc. (GRCE)vs › | $33.61M | 0.00% | N/A | N/A | N/A |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.29M | 0.05% | N/A | N/A | N/A |
Debt/Assets
14.1%
Debt/Equity
1.93
Current Ratio
3.10
Interest Coverage
-1.7x
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 |
|---|---|
| 2026-06-30 | 14.14% |
| 2026-03-31 | 26.35% |
| 2025-12-31 | 22.78% |
| 2025-09-30 | 82.12% |
| 2025-06-30 | 41.47% |
| 2025-03-31 | 44.91% |
| 2024-12-31 | 162.76% |
| 2024-09-30 | 156.92% |
| 2024-06-30 | 101.94% |
| 2024-03-31 | 79.39% |
| 2023-12-31 | 13.13% |
| 2023-09-30 | 11.13% |
| 2023-06-30 | 7.07% |
| 2023-03-31 | 5.62% |
| 2022-12-31 | 3.92% |
| 2022-09-30 | 2.01% |
| 2022-06-30 | 0.19% |
| 2022-03-31 | 0.11% |
| 2021-12-31 | 49.95% |
| 2021-09-30 | 0.00% |
| 2021-02-28 | 71.33% |
