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 2.37% is in line with its 1-year average of 2.21%, around the middle of its 1-year range (0.00%–4.27%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.37%.
DEBT TO ASSETS RATIO
2.37%
DEBT TO ASSETS RATIO AVG TTM
N/A
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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 874 covered companies
CURRENT VS SECTOR MEDIAN
+2528.83%
vs the sector median at left
First Tracks Biotherapeutics Inc
Market Cap
$1.10B
Debt to Assets Ratio
2.37%
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| First Tracks Biotherapeutics Inc (TRAX) | $1.10B | 2.37% |
| OPKO Health, Inc. (OPK)vs › | $1.09B | 0.21% |
| Bicara Therapeutics Inc. Common Stock (BCAX)vs › | $1.09B | 0.00% |
| STAAR Surgical Company (STAA)vs › | $1.10B | 0.08% |
| IRadimed Corporation (IRMD)vs › | $1.08B | 0.00% |
| Tandem Diabetes Care, Inc. (TNDM)vs › | $1.11B | 0.64% |
| Replimune Group, Inc. (REPL)vs › | $1.11B | 0.44% |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.13B | 0.04% |
| Harrow Health, Inc. (HROW)vs › | $1.13B | 0.72% |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.13B | 0.23% |
Debt/Assets
2.4%
Debt/Equity
0.03
Current Ratio
14.28
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 |
|---|---|
| 2026-06-30 | 2.37% |
| 2026-03-31 | 0.00% |
| 2025-12-31 | 4.27% |