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 34.74% is in line with its 5-year average of 33.08%, near the high end of its 5-year range (25.52%–37.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.00% below its 12-month average of 35.09%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 34.74%.
DEBT TO ASSETS RATIO
34.74%
DEBT TO ASSETS RATIO AVG TTM
35.09%
DEBT TO ASSETS RATIO AVG 3Y
32.91%
DEBT TO ASSETS RATIO AVG 5Y
33.08%
DEBT TO ASSETS RATIO AVG 10Y
22.72%
DEBT TO ASSETS RATIO AVG 15Y
15.35%
DEBT TO ASSETS RATIO AVG 20Y
11.57%
CURRENT VS TTM AVG
-1.00%
CURRENT VS 3Y AVG
+5.56%
CURRENT VS 5Y AVG
+5.03%
CURRENT VS 10Y AVG
+52.88%
CURRENT VS 15Y AVG
+126.30%
CURRENT VS 20Y AVG
+200.17%
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 645 covered companies
CURRENT VS SECTOR MEDIAN
+26621.97%
vs the sector median at left
Ribbon Communications Inc.
Market Cap
$316.52M
Debt to Assets Ratio
34.74%
TTM Avg
35.09%
3Y Avg
32.91%
5Y Avg
33.08%
Market Cap
$315.51M
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$310.52M
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$330.50M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$301.98M
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$332.22M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ribbon Communications Inc. (RBBN) | $316.52M | 34.74% | 35.09% | 32.91% | 33.08% |
| Currenc Group, Inc. (CURR)vs › | $315.51M | 0.15% | N/A | N/A | N/A |
| Amtech Systems, Inc. (ASYS)vs › | $310.52M | 0.11% | N/A | N/A | N/A |
| Telos Corporation (TLS)vs › | $324.72M | 0.05% | N/A | N/A | N/A |
| 8x8, Inc. (EGHT)vs › | $307.67M | 0.53% | N/A | N/A | N/A |
| Lantronix, Inc. (LTRX)vs › | $326.98M | 0.05% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $330.50M | 0.04% | N/A | N/A | N/A |
| Gorilla Technology Group Inc. (GRRR)vs › | $301.98M | 0.19% | N/A | N/A | N/A |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $332.22M | 0.25% | N/A | N/A | N/A |
| New Era Energy & Digital, Inc. (NUAI)vs › | $335.62M | 0.09% | N/A | N/A | N/A |
Debt/Assets
34.7%
Debt/Equity
1.01
Current Ratio
1.31
Interest Coverage
0.5x
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 | 34.74% |
| 2026-03-31 | 34.52% |
| 2025-12-31 | 33.42% |
| 2025-09-30 | 36.94% |
| 2025-06-30 | 35.83% |
| 2025-03-31 | 35.88% |
| 2024-12-31 | 33.00% |
| 2024-09-30 | 34.19% |
| 2024-06-30 | 34.80% |
| 2024-03-31 | 31.10% |
| 2023-12-31 | 29.75% |
| 2023-09-30 | 26.76% |
| 2023-06-30 | 26.89% |
| 2023-03-31 | 25.52% |
| 2022-12-31 | 30.90% |
| 2022-09-30 | 32.30% |
| 2022-06-30 | 36.36% |
| 2022-03-31 | 37.20% |
| 2021-12-31 | 32.86% |
| 2021-09-30 | 32.55% |
| 2021-06-30 | 31.53% |
| 2021-03-31 | 32.33% |
| 2020-12-31 | 30.65% |
| 2020-09-30 | 32.43% |
| 2020-06-30 | 32.46% |
| 2020-03-31 | 31.87% |
| 2019-12-31 | 12.45% |
| 2019-09-30 | 13.40% |
| 2019-06-30 | 13.59% |
| 2019-03-31 | 13.54% |
| 2018-12-31 | 8.26% |
| 2018-09-30 | 8.82% |
| 2018-06-30 | 5.19% |
| 2018-03-31 | 4.94% |
| 2017-12-31 | 4.67% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.70% |
| 2014-06-30 | 0.70% |
| 2014-03-31 | 0.70% |
| 2013-12-31 | 0.57% |
| 2013-09-30 | 0.56% |
| 2013-06-30 | 0.52% |
| 2013-03-31 | 0.52% |
| 2012-12-31 | 0.51% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.22% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.49% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.31% |
| 2006-03-31 | 2.25% |
| 2005-12-31 | 2.31% |
| 2005-09-30 | 2.48% |
| 2005-06-30 | 8.71% |
| 2005-03-31 | 2.54% |
| 2004-12-31 | 2.70% |
| 2004-09-30 | 2.62% |
| 2004-06-30 | 2.85% |
| 2004-03-31 | 2.93% |
| 2003-12-31 | 2.84% |
| 2003-09-30 | 4.05% |
| 2003-06-30 | 7.05% |
| 2003-03-31 | 10.50% |
| 2002-12-31 | 10.53% |
| 2002-09-30 | 12.61% |
