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 63.87% is 14% above its 5-year average of 55.96%, near the high end of its 5-year range (2.63%–66.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.56% above its 12-month average of 63.51%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 63.87%.
DEBT TO ASSETS RATIO
63.87%
DEBT TO ASSETS RATIO AVG TTM
63.51%
DEBT TO ASSETS RATIO AVG 3Y
59.02%
DEBT TO ASSETS RATIO AVG 5Y
55.96%
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
+0.56%
CURRENT VS 3Y AVG
+8.22%
CURRENT VS 5Y AVG
+14.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 739 covered companies
CURRENT VS SECTOR MEDIAN
+127639.30%
vs the sector median at left
Upstart Holdings, Inc.
Market Cap
$2.28B
Debt to Assets Ratio
63.87%
TTM Avg
63.51%
3Y Avg
59.02%
5Y Avg
55.96%
Market Cap
$2.29B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.27B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.25B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.22B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Upstart Holdings, Inc. (UPST) | $2.28B | 63.87% | 63.51% | 59.02% | 55.96% |
| Banner Corporation (BANR)vs › | $2.28B | 0.03% | N/A | N/A | N/A |
| Skyward Specialty Insurance Group, Inc. (SKWD)vs › | $2.29B | 0.06% | N/A | N/A | N/A |
| Stock Yards Bancorp, Inc. (SYBT)vs › | $2.27B | 0.04% | N/A | N/A | N/A |
| Merchants Bancorp (MBIN)vs › | $2.29B | 0.20% | N/A | N/A | N/A |
| Brighthouse Financial, Inc. (BHFAP)vs › | $2.25B | 0.01% | N/A | N/A | N/A |
| Ethos Technologies Inc. (LIFE)vs › | $2.22B | 0.03% | N/A | N/A | N/A |
| eToro Group Ltd. (ETOR)vs › | $2.22B | 0.02% | N/A | N/A | N/A |
| WaFd, Inc. (WAFD)vs › | $2.21B | 0.12% | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.37B | 0.42% | N/A | N/A | N/A |
Debt/Assets
63.9%
Debt/Equity
2.54
Current ratio and interest coverage is unavailable for Upstart Holdings, Inc.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 63.87% |
| 2026-03-31 | 66.80% |
| 2025-12-31 | 62.20% |
| 2025-09-30 | 65.28% |
| 2025-06-30 | 59.42% |
| 2025-03-31 | 60.18% |
| 2024-12-31 | 61.36% |
| 2024-09-30 | 52.00% |
| 2024-06-30 | 53.24% |
| 2024-03-31 | 55.23% |
| 2023-12-31 | 54.67% |
| 2023-09-30 | 54.79% |
| 2023-06-30 | 58.22% |
| 2023-03-31 | 60.38% |
| 2022-12-31 | 56.15% |
| 2022-09-30 | 53.17% |
| 2022-06-30 | 49.89% |
| 2022-03-31 | 43.74% |
| 2021-12-31 | 43.71% |
| 2021-09-30 | 44.92% |
| 2021-06-30 | 2.63% |
| 2021-03-31 | 12.39% |
| 2020-12-31 | 17.19% |
| 2019-12-31 | 34.48% |
