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 32.17% is 13% below its 5-year average of 37.12%, near the high end of its 5-year range (2.50%–42.23%).
As of the fiscal period ended Friday, July 31, 2026. 7.16% below its 12-month average of 34.65%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 32.17%.
DEBT TO ASSETS RATIO
32.17%
DEBT TO ASSETS RATIO AVG TTM
34.65%
DEBT TO ASSETS RATIO AVG 3Y
38.12%
DEBT TO ASSETS RATIO AVG 5Y
37.12%
DEBT TO ASSETS RATIO AVG 10Y
17.59%
DEBT TO ASSETS RATIO AVG 15Y
12.00%
DEBT TO ASSETS RATIO AVG 20Y
1.02%
CURRENT VS TTM AVG
-7.16%
CURRENT VS 3Y AVG
-15.62%
CURRENT VS 5Y AVG
-13.33%
CURRENT VS 10Y AVG
+82.90%
CURRENT VS 15Y AVG
+168.03%
CURRENT VS 20Y AVG
+3063.65%
SECTOR MEDIAN · INDUSTRIALS
0.23%
median of 483 covered companies
CURRENT VS SECTOR MEDIAN
+13886.59%
vs the sector median at left
RF Industries, Ltd.
Market Cap
$93.51M
Debt to Assets Ratio
32.17%
TTM Avg
34.65%
3Y Avg
38.12%
5Y Avg
37.12%
Market Cap
$96.08M
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.66M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.43M
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$85.77M
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$102.65M
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 |
|---|---|---|---|---|---|
| RF Industries, Ltd. (RFIL) | $93.51M | 32.17% | 34.65% | 38.12% | 37.12% |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $96.08M | 0.18% | N/A | N/A | N/A |
| Turbogen Ltd. (TRBG)vs › | $89.35M | N/A | N/A | N/A | N/A |
| Hadron Energy, Inc. (HDRN)vs › | $88.66M | 0.03% | N/A | N/A | N/A |
| Broadwind, Inc. (BWEN)vs › | $99.23M | 0.19% | N/A | N/A | N/A |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $99.43M | 0.25% | N/A | N/A | N/A |
| Arq, Inc. (ARQ)vs › | $86.71M | 0.07% | N/A | N/A | N/A |
| Safe Pro Group Inc. Common Stock (SPAI)vs › | $85.77M | 0.04% | N/A | N/A | N/A |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.65M | 0.00% | N/A | N/A | N/A |
| Byrna Technologies Inc. (BYRN)vs › | $84.08M | 0.03% | N/A | N/A | N/A |
Debt/Assets
32.2%
Debt/Equity
0.60
Current Ratio
2.02
Interest Coverage
N/A
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 | 32.17% |
| 2026-04-30 | 33.54% |
| 2026-01-31 | 36.05% |
| 2025-10-31 | 34.49% |
| 2025-07-31 | 37.00% |
| 2025-04-30 | 38.02% |
| 2025-01-31 | 39.92% |
| 2024-10-31 | 40.43% |
| 2024-07-31 | 40.84% |
| 2024-04-30 | 42.10% |
| 2024-01-31 | 42.23% |
| 2023-10-31 | 39.83% |
| 2023-07-31 | 39.00% |
| 2023-04-30 | 36.30% |
| 2023-01-31 | 37.06% |
| 2022-10-31 | 34.89% |
| 2022-07-31 | 37.85% |
| 2022-04-30 | 26.37% |
| 2022-01-31 | 2.50% |
| 2021-10-31 | 2.98% |
| 2021-07-31 | 3.33% |
| 2021-04-30 | 2.45% |
| 2021-01-31 | 9.98% |
| 2020-10-31 | 10.28% |
| 2020-07-31 | 11.10% |
| 2020-04-30 | 5.07% |
| 2020-01-31 | 5.33% |
| 2019-10-31 | 0.00% |
| 2019-07-31 | 0.00% |
| 2019-04-30 | 0.00% |
| 2019-01-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-07-31 | 0.00% |
| 2018-04-30 | 0.00% |
| 2018-01-31 | 0.00% |
| 2017-10-31 | 0.00% |
| 2017-07-31 | 0.00% |
| 2017-04-30 | 0.00% |
| 2017-01-31 | 0.00% |
| 2016-10-31 | 0.00% |
| 2016-07-31 | 0.00% |
| 2016-04-30 | 0.00% |
| 2016-01-31 | 0.00% |
| 2015-10-31 | 0.00% |
| 2015-07-31 | 0.00% |
| 2015-04-30 | 0.00% |
| 2015-01-31 | 0.00% |
| 2014-10-31 | 0.00% |
| 2014-07-31 | 0.00% |
| 2014-04-30 | 0.00% |
| 2014-01-31 | 0.00% |
| 2013-10-31 | 0.00% |
| 2013-07-31 | 0.00% |
| 2013-04-30 | 0.00% |
| 2013-01-31 | 0.00% |
| 2012-10-31 | 0.00% |
| 2012-07-31 | 0.00% |
| 2012-04-30 | 0.00% |
| 2012-01-31 | 0.00% |
| 2011-10-31 | 5.70% |
| 2011-07-31 | 5.33% |
| 2011-04-30 | 0.00% |
| 2011-01-31 | 0.00% |
| 2010-10-31 | 0.00% |
| 2010-07-31 | 0.00% |
| 2010-04-30 | 0.00% |
| 2010-01-31 | 0.00% |
| 2009-10-31 | 0.00% |
| 2009-07-31 | 0.00% |
| 2009-04-30 | 0.00% |
| 2009-01-31 | 0.00% |
| 2008-10-31 | 0.00% |
| 2008-07-31 | 0.00% |
| 2008-04-30 | 0.00% |
| 2008-01-31 | 0.00% |
| 2007-10-31 | 0.00% |
| 2007-07-31 | 0.00% |
| 2007-04-30 | 0.00% |
| 2007-01-31 | 0.00% |
| 2006-10-31 | 0.00% |
| 2006-07-31 | 0.00% |
| 2006-04-30 | 0.00% |
| 2006-01-31 | 0.00% |
| 2005-10-31 | 0.00% |
| 2005-07-31 | 0.00% |
| 2005-04-30 | 0.00% |
| 2005-01-31 | 0.00% |
| 2004-10-31 | 0.00% |
| 2004-07-31 | 0.00% |
| 2004-04-30 | 0.00% |
| 2004-01-31 | 0.00% |
| 2003-10-31 | 0.00% |
| 2003-07-31 | 0.00% |
| 2003-04-30 | 0.00% |
| 2003-01-31 | 0.00% |
| 2002-10-31 | 0.44% |