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 13.79% is 31% below its 5-year average of 19.86%, near the low end of its 5-year range (12.55%–28.89%).
As of the fiscal period ended Thursday, April 30, 2026. 3.41% above its 12-month average of 13.34%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
13.79%
DEBT TO ASSETS RATIO AVG TTM
13.34%
DEBT TO ASSETS RATIO AVG 3Y
16.32%
DEBT TO ASSETS RATIO AVG 5Y
19.86%
DEBT TO ASSETS RATIO AVG 10Y
18.03%
DEBT TO ASSETS RATIO AVG 15Y
12.12%
DEBT TO ASSETS RATIO AVG 20Y
9.13%
CURRENT VS TTM AVG
+3.41%
CURRENT VS 3Y AVG
-15.51%
CURRENT VS 5Y AVG
-30.57%
CURRENT VS 10Y AVG
-23.51%
CURRENT VS 15Y AVG
+13.80%
CURRENT VS 20Y AVG
+51.11%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.40%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+3347.47%
vs the sector median at left
Thor Industries, Inc.
Market Cap
$3.99B
Debt to Assets Ratio
13.79%
TTM Avg
13.34%
3Y Avg
16.32%
5Y Avg
19.86%
Market Cap
$4.17B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.36B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.85B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thor Industries, Inc. (THO) | $3.99B | 13.79% | 13.34% | 16.32% | 19.86% |
| Abercrombie & Fitch Co. (ANF)vs › | $4.17B | 0.33% | N/A | N/A | N/A |
| Advance Auto Parts, Inc. (AAP)vs › | $3.36B | 0.44% | N/A | N/A | N/A |
| American Eagle Outfitters, Inc. (AEO)vs › | $2.85B | 0.43% | N/A | N/A | N/A |
| Vail Resorts, Inc. (MTN)vs › | $5.19B | 0.60% | N/A | N/A | N/A |
| The Buckle, Inc. (BKE)vs › | $2.19B | 0.39% | N/A | N/A | N/A |
| Lucid Group, Inc. (LCID)vs › | $2.00B | 0.10% | N/A | N/A | N/A |
| Macy's, Inc. (M)vs › | $6.15B | 0.32% | N/A | N/A | N/A |
| Carter's Inc. (CRI)vs › | $1.43B | 0.47% | N/A | N/A | N/A |
| LKQ Corporation (LKQ)vs › | $6.58B | 0.33% | N/A | N/A | N/A |
Debt/Assets
13.8%
Debt/Equity
0.22
Current Ratio
1.75
Interest Coverage
6.2x
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 |
|---|---|
| 2026-04-30 | 13.79% |
| 2026-01-31 | 12.55% |
| 2025-10-31 | 13.10% |
| 2025-07-31 | 13.06% |
| 2025-04-30 | 14.17% |
| 2025-01-31 | 15.36% |
| 2024-10-31 | 15.65% |
| 2024-07-31 | 16.15% |
| 2024-04-30 | 18.83% |
| 2024-01-31 | 21.08% |
| 2023-10-31 | 17.89% |
| 2023-07-31 | 17.94% |
| 2023-04-30 | 22.59% |
| 2023-01-31 | 24.20% |
| 2022-10-31 | 23.69% |
| 2022-07-31 | 23.68% |
| 2022-04-30 | 26.45% |
| 2022-01-31 | 28.28% |
| 2021-10-31 | 28.89% |
| 2021-07-31 | 23.97% |
| 2021-04-30 | 25.78% |
| 2021-01-31 | 28.60% |
| 2020-10-31 | 27.04% |
| 2020-07-31 | 28.64% |
| 2020-04-30 | 35.33% |
| 2020-01-31 | 31.35% |
| 2019-10-31 | 32.07% |
| 2019-07-31 | 33.31% |
| 2019-04-30 | 36.54% |
| 2019-01-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-07-31 | 0.00% |
| 2018-04-30 | 2.79% |
| 2018-01-31 | 2.95% |
| 2017-10-31 | 3.32% |
| 2017-07-31 | 5.67% |
| 2017-04-30 | 11.35% |
| 2017-01-31 | 13.36% |
| 2016-10-31 | 14.28% |
| 2016-07-31 | 15.48% |
| 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 | 0.00% |
| 2011-07-31 | 0.00% |
| 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 | 0.00% |
| 2002-07-31 | 0.00% |