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 18.17% is 31% below its 5-year average of 26.26%, near the low end of its 5-year range (18.17%–37.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.50% below its 12-month average of 19.64%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 18.17%.
DEBT TO ASSETS RATIO
18.17%
DEBT TO ASSETS RATIO AVG TTM
19.64%
DEBT TO ASSETS RATIO AVG 3Y
22.81%
DEBT TO ASSETS RATIO AVG 5Y
26.26%
DEBT TO ASSETS RATIO AVG 10Y
26.17%
DEBT TO ASSETS RATIO AVG 15Y
17.66%
DEBT TO ASSETS RATIO AVG 20Y
19.22%
CURRENT VS TTM AVG
-7.50%
CURRENT VS 3Y AVG
-20.34%
CURRENT VS 5Y AVG
-30.80%
CURRENT VS 10Y AVG
-30.57%
CURRENT VS 15Y AVG
+2.87%
CURRENT VS 20Y AVG
-5.47%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+9994.63%
vs the sector median at left
Veeco Instruments Inc.
Market Cap
$2.52B
Debt to Assets Ratio
18.17%
TTM Avg
19.64%
3Y Avg
22.81%
5Y Avg
26.26%
Market Cap
$2.62B
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.17B
Debt to Assets Ratio
0.73%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.97B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.91B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeco Instruments Inc. (VECO) | $2.52B | 18.17% | 19.64% | 22.81% | 26.26% |
| Asana, Inc. (ASAN)vs › | $2.43B | 0.32% | N/A | N/A | N/A |
| Bitdeer Technologies Group (BTDR)vs › | $2.62B | 0.57% | N/A | N/A | N/A |
| nCino, Inc. (NCNO)vs › | $2.37B | 0.22% | N/A | N/A | N/A |
| Keel Infrastructure Corp. (KEEL)vs › | $2.17B | 0.73% | N/A | N/A | N/A |
| Bel Fuse Inc. (BELFB)vs › | $2.89B | 0.03% | N/A | N/A | N/A |
| Ambarella, Inc. (AMBA)vs › | $2.94B | 0.02% | N/A | N/A | N/A |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.97B | 0.44% | N/A | N/A | N/A |
| Quantum Computing, Inc. (QUBT)vs › | $1.91B | 0.01% | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $1.85B | 0.13% | N/A | N/A | N/A |
Debt/Assets
18.2%
Debt/Equity
0.28
Current Ratio
3.93
Interest Coverage
3.9x
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 | 18.17% |
| 2026-03-31 | 19.33% |
| 2025-12-31 | 19.76% |
| 2025-09-30 | 20.34% |
| 2025-06-30 | 20.61% |
| 2025-03-31 | 22.48% |
| 2024-12-31 | 25.11% |
| 2024-09-30 | 24.66% |
| 2024-06-30 | 25.43% |
| 2024-03-31 | 25.14% |
| 2023-12-31 | 25.26% |
| 2023-09-30 | 24.93% |
| 2023-06-30 | 25.30% |
| 2023-03-31 | 25.00% |
| 2022-12-31 | 27.62% |
| 2022-09-30 | 31.05% |
| 2022-06-30 | 33.82% |
| 2022-03-31 | 33.76% |
| 2021-12-31 | 29.67% |
| 2021-09-30 | 36.72% |
| 2021-06-30 | 37.26% |
| 2021-03-31 | 38.13% |
| 2020-12-31 | 36.92% |
| 2020-09-30 | 37.30% |
| 2020-06-30 | 38.20% |
| 2020-03-31 | 38.06% |
| 2019-12-31 | 38.45% |
| 2019-09-30 | 35.67% |
| 2019-06-30 | 34.85% |
| 2019-03-31 | 34.29% |
| 2018-12-31 | 31.90% |
| 2018-09-30 | 27.07% |
| 2018-06-30 | 25.86% |
| 2018-03-31 | 20.45% |
| 2017-12-31 | 19.87% |
| 2017-09-30 | 19.39% |
| 2017-06-30 | 19.79% |
| 2017-03-31 | 24.82% |
| 2016-12-31 | 0.16% |
| 2016-09-30 | 0.17% |
| 2016-06-30 | 0.17% |
| 2016-03-31 | 0.17% |
| 2015-12-31 | 0.17% |
| 2015-09-30 | 0.18% |
| 2015-06-30 | 0.18% |
| 2015-03-31 | 0.19% |
| 2014-12-31 | 0.20% |
| 2014-09-30 | 0.20% |
| 2014-06-30 | 0.21% |
| 2014-03-31 | 0.22% |
| 2013-12-31 | 0.23% |
| 2013-09-30 | 0.24% |
| 2013-06-30 | 0.24% |
| 2013-03-31 | 0.25% |
| 2012-12-31 | 0.26% |
| 2012-09-30 | 0.26% |
| 2012-06-30 | 0.27% |
| 2012-03-31 | 0.27% |
| 2011-12-31 | 0.28% |
| 2011-09-30 | 0.29% |
| 2011-06-30 | 0.25% |
| 2011-03-31 | 8.39% |
| 2010-12-31 | 9.06% |
| 2010-09-30 | 10.95% |
| 2010-06-30 | 12.72% |
| 2010-03-31 | 14.94% |
| 2009-12-31 | 16.71% |
| 2009-09-30 | 24.52% |
| 2009-06-30 | 26.92% |
| 2009-03-31 | 25.61% |
| 2008-12-31 | 25.34% |
| 2008-09-30 | 27.11% |
| 2008-06-30 | 26.97% |
| 2008-03-31 | 27.52% |
| 2007-12-31 | 27.69% |
| 2007-09-30 | 28.80% |
| 2007-06-30 | 28.82% |
| 2007-03-31 | 28.82% |
| 2006-12-31 | 35.48% |
| 2006-09-30 | 36.05% |
| 2006-06-30 | 37.12% |
| 2006-03-31 | 38.30% |
| 2005-12-31 | 40.43% |
| 2005-09-30 | 40.57% |
| 2005-06-30 | 41.50% |
| 2005-03-31 | 41.66% |
| 2004-12-31 | 39.86% |
| 2004-09-30 | 36.49% |
| 2004-06-30 | 36.71% |
| 2004-03-31 | 37.86% |
| 2003-12-31 | 38.61% |
| 2003-09-30 | 38.62% |
| 2003-06-30 | 38.46% |
| 2003-03-31 | 37.93% |
| 2002-12-31 | 38.00% |
| 2002-09-30 | 31.25% |