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 0.43% is 79% below its 5-year average of 2.11%, near the low end of its 5-year range (0.00%–139.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 400.00% above its 12-month average of 0.09%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.43%.
DEBT TO ASSETS RATIO
0.43%
DEBT TO ASSETS RATIO AVG TTM
0.09%
DEBT TO ASSETS RATIO AVG 3Y
3.08%
DEBT TO ASSETS RATIO AVG 5Y
2.11%
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
+400.00%
CURRENT VS 3Y AVG
-85.96%
CURRENT VS 5Y AVG
-79.48%
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 864 covered companies
CURRENT VS SECTOR MEDIAN
+380.03%
vs the sector median at left
TransCode Therapeutics, Inc.
Market Cap
$1.84M
Debt to Assets Ratio
0.43%
TTM Avg
0.09%
3Y Avg
3.08%
5Y Avg
2.11%
Market Cap
$1.87M
Debt to Assets Ratio
13.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.81M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.93M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.16M
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransCode Therapeutics, Inc. (RNAZ) | $1.84M | 0.43% | 0.09% | 3.08% | 2.11% |
| Tenon Medical, Inc. (TNON)vs › | $1.86M | 0.57% | N/A | N/A | N/A |
| Profusa, Inc. Common Stock (PFSA)vs › | $1.87M | 13.44% | N/A | N/A | N/A |
| Alaunos Therapeutics, Inc. (TCRT)vs › | $1.81M | 0.00% | N/A | N/A | N/A |
| Autonomix Medical, Inc. (AMIX)vs › | $1.93M | 0.00% | N/A | N/A | N/A |
| Beyond Air, Inc. (XAIR)vs › | $1.93M | 0.72% | N/A | N/A | N/A |
| Silo Pharma, Inc. (SILO)vs › | $1.60M | 0.00% | N/A | N/A | N/A |
| Vivos Therapeutics, Inc. (VVOS)vs › | $2.16M | 0.50% | N/A | N/A | N/A |
| GeoVax Labs, Inc. (GOVX)vs › | $2.21M | 0.07% | N/A | N/A | N/A |
| PMGC Holdings Inc. (ELAB)vs › | $1.47M | 0.38% | N/A | N/A | N/A |
Debt/Assets
0.4%
Debt/Equity
0.00
Current Ratio
1.97
Interest Coverage
-4229.1x
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 | 0.43% |
| 2026-03-31 | 0.00% |
| 2025-12-31 | 0.00% |
| 2025-09-30 | 0.00% |
| 2025-06-30 | 0.00% |
| 2025-03-31 | 0.00% |
| 2024-12-31 | 0.52% |
| 2024-09-30 | 3.87% |
| 2024-06-30 | 4.71% |
| 2024-03-31 | 4.66% |
| 2023-12-31 | 8.72% |
| 2023-09-30 | 5.81% |
| 2023-06-30 | 11.28% |
| 2023-03-31 | 13.74% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 139.65% |
| 2021-03-31 | 202.86% |
| 2020-12-31 | 197.72% |
| 2020-09-30 | 176.24% |
| 2019-12-31 | 428.07% |
