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 28.92% is 63% above its 5-year average of 17.78%, near the high end of its 5-year range (4.27%–34.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.28% above its 12-month average of 28.83%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 28.92%.
DEBT TO ASSETS RATIO
28.92%
DEBT TO ASSETS RATIO AVG TTM
28.83%
DEBT TO ASSETS RATIO AVG 3Y
23.51%
DEBT TO ASSETS RATIO AVG 5Y
17.78%
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
+0.28%
CURRENT VS 3Y AVG
+23.01%
CURRENT VS 5Y AVG
+62.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 645 covered companies
CURRENT VS SECTOR MEDIAN
+22142.82%
vs the sector median at left
Vertex, Inc.
Market Cap
$1.99B
Debt to Assets Ratio
28.92%
TTM Avg
28.83%
3Y Avg
23.51%
5Y Avg
17.78%
Market Cap
$2.04B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex, Inc. (VERX) | $1.99B | 28.92% | 28.83% | 23.51% | 17.78% |
| BitVentures Limited (BVC)vs › | $2.01B | 0.00% | N/A | N/A | N/A |
| Blackbaud, Inc. (BLKB)vs › | $1.97B | 0.44% | N/A | N/A | N/A |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 0.02% | N/A | N/A | N/A |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 0.40% | N/A | N/A | N/A |
| Bandwidth Inc. (BAND)vs › | $1.93B | 0.50% | N/A | N/A | N/A |
| Sonos, Inc. (SONO)vs › | $2.06B | 0.06% | N/A | N/A | N/A |
| Karooooo Ltd. (KARO)vs › | $1.90B | 0.17% | N/A | N/A | N/A |
| nCino, Inc. (NCNO)vs › | $2.09B | 0.22% | N/A | N/A | N/A |
| Keel Infrastructure Corp. (KEEL)vs › | $2.10B | 0.73% | N/A | N/A | N/A |
Debt/Assets
28.9%
Debt/Equity
1.45
Current Ratio
0.87
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 | 28.92% |
| 2026-03-31 | 28.83% |
| 2025-12-31 | 28.30% |
| 2025-09-30 | 28.76% |
| 2025-06-30 | 29.37% |
| 2025-03-31 | 30.44% |
| 2024-12-31 | 30.16% |
| 2024-09-30 | 29.58% |
| 2024-06-30 | 34.42% |
| 2024-03-31 | 8.63% |
| 2023-12-31 | 8.81% |
| 2023-09-30 | 9.60% |
| 2023-06-30 | 9.77% |
| 2023-03-31 | 9.91% |
| 2022-12-31 | 10.22% |
| 2022-09-30 | 11.21% |
| 2022-06-30 | 11.39% |
| 2022-03-31 | 11.13% |
| 2021-12-31 | 4.27% |
| 2021-09-30 | 4.61% |
| 2021-06-30 | 5.08% |
| 2021-03-31 | 5.72% |
| 2020-12-31 | 0.20% |
| 2020-09-30 | 0.29% |
| 2020-06-30 | 67.32% |
| 2020-03-31 | 74.56% |
| 2019-12-31 | 19.46% |
