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 37.87% is 57% above its 5-year average of 24.10%, near the high end of its 5-year range (14.20%–40.06%).
As of the fiscal period ended Saturday, February 28, 2026. 19.55% above its 12-month average of 31.68%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2025 (2026-02-28): 37.87%.
DEBT TO ASSETS RATIO
37.87%
DEBT TO ASSETS RATIO AVG TTM
31.68%
DEBT TO ASSETS RATIO AVG 3Y
28.89%
DEBT TO ASSETS RATIO AVG 5Y
24.10%
DEBT TO ASSETS RATIO AVG 10Y
23.45%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+19.55%
CURRENT VS 3Y AVG
+31.07%
CURRENT VS 5Y AVG
+57.17%
CURRENT VS 10Y AVG
+61.52%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 114 covered companies
CURRENT VS SECTOR MEDIAN
+34327.16%
vs the sector median at left
Invesco California Value Municipal Income Trust
Market Cap
$431.13M
Debt to Assets Ratio
37.87%
TTM Avg
31.68%
3Y Avg
28.89%
5Y Avg
24.10%
Market Cap
$435.59M
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$311.37M
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$562.76M
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$279.52M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.59M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.95M
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$205.51M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invesco California Value Municipal Income Trust (VCV) | $431.13M | 37.87% | 31.68% | 28.89% | 24.10% |
| PIMCO California Municipal Income Fund (PCQ)vs › | $435.59M | 0.31% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | 0.17% | N/A | N/A | N/A |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $562.76M | 0.43% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 0.07% | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 0.36% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $205.51M | 0.00% | N/A | N/A | N/A |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.32M | N/A | N/A | N/A | N/A |
Debt/Assets
37.9%
Debt/Equity
0.62
Current Ratio
2.09
Interest Coverage
2.1x
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 |
|---|---|
| 2026-02-28 | 37.87% |
| 2025-08-31 | 40.06% |
| 2025-02-28 | 17.10% |
| 2024-08-31 | 38.01% |
| 2024-02-28 | 37.66% |
| 2023-08-31 | 14.97% |
| 2023-02-28 | 16.59% |
| 2022-08-31 | 16.94% |
| 2022-02-28 | 16.85% |
| 2021-08-31 | 14.80% |
| 2021-02-28 | 14.20% |
| 2020-08-31 | 16.44% |
| 2020-02-28 | 14.29% |
| 2019-08-31 | 15.06% |
| 2019-02-28 | 16.49% |
| 2018-08-31 | 17.52% |
| 2018-02-28 | 19.31% |
| 2017-08-31 | 18.44% |
| 2017-02-28 | 38.21% |
| 2016-08-31 | 35.97% |
| 2016-02-28 | 35.57% |
| 2015-08-31 | 36.42% |
| 2015-02-28 | 35.64% |
| 2014-08-31 | 35.72% |
| 2014-02-28 | 36.91% |
| 2013-08-31 | 39.86% |
| 2013-02-28 | 36.32% |
| 2012-08-31 | 0.00% |
