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 1.07% is 94% below its 5-year average of 16.81%, near the low end of its 5-year range (1.07%–40.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 42.81% below its 12-month average of 1.88%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.07%.
DEBT TO ASSETS RATIO
1.07%
DEBT TO ASSETS RATIO AVG TTM
1.88%
DEBT TO ASSETS RATIO AVG 3Y
2.50%
DEBT TO ASSETS RATIO AVG 5Y
16.81%
DEBT TO ASSETS RATIO AVG 10Y
30.95%
DEBT TO ASSETS RATIO AVG 15Y
45.97%
DEBT TO ASSETS RATIO AVG 20Y
47.85%
CURRENT VS TTM AVG
-42.81%
CURRENT VS 3Y AVG
-57.06%
CURRENT VS 5Y AVG
-93.62%
CURRENT VS 10Y AVG
-96.53%
CURRENT VS 15Y AVG
-97.67%
CURRENT VS 20Y AVG
-97.76%
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+304.75%
vs the sector median at left
Teekay Tankers Ltd.
Market Cap
$3.49B
Debt to Assets Ratio
1.07%
TTM Avg
1.88%
3Y Avg
2.50%
5Y Avg
16.81%
Market Cap
$3.43B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.05B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.08B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.56B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.58B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teekay Tankers Ltd. (TNK) | $3.49B | 1.07% | 1.88% | 2.50% | 16.81% |
| Bright Horizons Family Solutions Inc. (BFAM)vs › | $3.43B | 0.54% | N/A | N/A | N/A |
| Exponent, Inc. (EXPO)vs › | $3.26B | 0.12% | N/A | N/A | N/A |
| SiteOne Landscape Supply, Inc. (SITE)vs › | $4.05B | 0.03% | N/A | N/A | N/A |
| Plug Power Inc. (PLUG)vs › | $2.93B | 0.38% | N/A | N/A | N/A |
| Primoris Services Corporation (PRIM)vs › | $4.08B | 0.24% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $2.56B | 0.00% | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $4.53B | 0.04% | N/A | N/A | N/A |
| CECO Environmental Corp. (CECO)vs › | $4.58B | 0.20% | N/A | N/A | N/A |
| KBR, Inc. (KBR)vs › | $4.61B | 0.42% | N/A | N/A | N/A |
Debt/Assets
1.1%
Debt/Equity
0.01
Current Ratio
9.99
Interest Coverage
74.2x
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 |
|---|---|
| 2026-06-30 | 1.07% |
| 2026-03-31 | 1.38% |
| 2025-12-31 | 2.46% |
| 2025-09-30 | 2.05% |
| 2025-06-30 | 2.41% |
| 2025-03-31 | 2.67% |
| 2024-12-31 | 3.16% |
| 2024-09-30 | 2.82% |
| 2024-06-30 | 3.39% |
| 2024-03-31 | 3.57% |
| 2023-12-31 | 11.57% |
| 2023-09-30 | 13.07% |
| 2023-06-30 | 16.80% |
| 2023-03-31 | 24.55% |
| 2022-12-31 | 32.30% |
| 2022-09-30 | 35.95% |
| 2022-06-30 | 38.96% |
| 2022-03-31 | 39.45% |
| 2021-12-31 | 40.41% |
| 2021-09-30 | 38.92% |
| 2021-06-30 | 36.13% |
| 2021-03-31 | 33.68% |
| 2020-12-31 | 33.53% |
| 2020-09-30 | 33.48% |
| 2020-06-30 | 35.61% |
| 2020-03-31 | 42.96% |
| 2019-12-31 | 46.65% |
| 2019-09-30 | 50.85% |
| 2019-06-30 | 48.95% |
| 2019-03-31 | 50.30% |
| 2018-12-31 | 51.40% |
| 2018-09-30 | 51.84% |
| 2018-06-30 | 50.41% |
| 2018-03-31 | 50.59% |
| 2017-12-31 | 50.12% |
| 2017-09-30 | 45.90% |
| 2017-06-30 | 45.57% |
| 2017-03-31 | 45.89% |
| 2016-12-31 | 48.28% |
| 2016-09-30 | 49.37% |
| 2016-06-30 | 50.60% |
| 2016-03-31 | 52.51% |
| 2015-12-31 | 53.68% |
| 2015-09-30 | 52.64% |
| 2015-06-30 | 51.34% |
| 2015-03-31 | 55.64% |
| 2014-12-31 | 56.30% |
| 2014-09-30 | 62.37% |
| 2014-06-30 | 62.34% |
| 2014-03-31 | 67.49% |
| 2013-12-31 | 67.85% |
| 2013-09-30 | 68.89% |
| 2013-06-30 | 66.88% |
| 2013-03-31 | 66.73% |
| 2012-12-31 | 66.54% |
| 2012-09-30 | 49.82% |
| 2012-06-30 | 49.34% |
| 2012-03-31 | 32.98% |
| 2011-12-31 | 39.56% |
| 2011-09-30 | 39.22% |
| 2011-06-30 | 38.12% |
| 2011-03-31 | 37.53% |
| 2010-12-31 | 48.48% |
| 2010-09-30 | 51.80% |
| 2010-06-30 | 45.04% |
| 2010-03-31 | 56.64% |
| 2009-12-31 | 56.53% |
| 2009-09-30 | 56.41% |
| 2009-06-30 | 55.23% |
| 2009-03-31 | 67.24% |
| 2008-12-31 | 67.00% |
| 2008-09-30 | 65.00% |
| 2008-06-30 | 65.36% |
| 2008-03-31 | 45.49% |
| 2007-12-31 | 48.05% |
