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 7.89% is 37% below its 5-year average of 12.44%, near the low end of its 5-year range (1.86%–22.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 30.27% below its 12-month average of 11.31%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
7.89%
DEBT TO ASSETS RATIO AVG TTM
11.31%
DEBT TO ASSETS RATIO AVG 3Y
15.06%
DEBT TO ASSETS RATIO AVG 5Y
12.44%
DEBT TO ASSETS RATIO AVG 10Y
15.30%
DEBT TO ASSETS RATIO AVG 15Y
14.63%
DEBT TO ASSETS RATIO AVG 20Y
16.90%
CURRENT VS TTM AVG
-30.27%
CURRENT VS 3Y AVG
-47.60%
CURRENT VS 5Y AVG
-36.59%
CURRENT VS 10Y AVG
-48.43%
CURRENT VS 15Y AVG
-46.06%
CURRENT VS 20Y AVG
-53.32%
SECTOR MEDIAN · FINANCIAL SERVICES
0.12%
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+6474.83%
vs the sector median at left
Washington Trust Bancorp, Inc.
Market Cap
$748.38M
Debt to Assets Ratio
7.89%
TTM Avg
11.31%
3Y Avg
15.06%
5Y Avg
12.44%
Market Cap
$702.16M
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$679.27M
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$330.01M
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$299.24M
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.79M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$196.51M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$188.04M
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Washington Trust Bancorp, Inc. (WASH) | $748.38M | 7.89% | 11.31% | 15.06% | 12.44% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $702.16M | 0.29% | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $679.27M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.24% | N/A | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $330.01M | 0.16% | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $299.24M | 0.07% | N/A | N/A | N/A |
| Franklin Universal Trust (FT)vs › | $197.79M | 0.21% | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $196.51M | 0.00% | N/A | N/A | N/A |
| The New Germany Fund, Inc. (GF)vs › | $188.04M | 0.12% | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $1.32B | 0.35% | N/A | N/A | N/A |
Debt/Assets
7.9%
Debt/Equity
0.93
Current Ratio
0.00
Interest Coverage
0.4x
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 | 7.89% |
| 2026-03-31 | 9.87% |
| 2025-12-31 | 10.38% |
| 2025-09-30 | 12.69% |
| 2025-06-30 | 15.74% |
| 2025-03-31 | 13.84% |
| 2024-12-31 | 16.99% |
| 2024-09-30 | 18.94% |
| 2024-06-30 | 22.32% |
| 2024-03-31 | 17.86% |
| 2023-12-31 | 17.28% |
| 2023-09-30 | 16.33% |
| 2023-06-30 | 15.60% |
| 2023-03-31 | 14.23% |
| 2022-12-31 | 15.50% |
| 2022-09-30 | 11.75% |
| 2022-06-30 | 6.37% |
| 2022-03-31 | 1.86% |
| 2021-12-31 | 3.36% |
| 2021-09-30 | 4.58% |
| 2021-06-30 | 7.89% |
| 2021-03-31 | 9.10% |
| 2020-12-31 | 11.35% |
| 2020-09-30 | 14.95% |
| 2020-06-30 | 19.31% |
| 2020-03-31 | 22.23% |
| 2019-12-31 | 22.54% |
| 2019-09-30 | 19.41% |
| 2019-06-30 | 21.46% |
| 2019-03-31 | 21.51% |
| 2018-12-31 | 19.43% |
| 2018-09-30 | 17.84% |
| 2018-06-30 | 19.50% |
| 2018-03-31 | 18.21% |
| 2017-12-31 | 17.97% |
| 2017-09-30 | 18.72% |
| 2017-06-30 | 20.40% |
| 2017-03-31 | 18.72% |
| 2016-12-31 | 19.89% |
| 2016-09-30 | 16.51% |
| 2016-06-30 | 16.92% |
| 2016-03-31 | 13.28% |
| 2015-12-31 | 10.65% |
| 2015-09-30 | 11.00% |
| 2015-06-30 | 13.55% |
| 2015-03-31 | 11.34% |
| 2014-12-31 | 11.96% |
| 2014-09-30 | 8.32% |
| 2014-06-30 | 10.39% |
| 2014-03-31 | 7.08% |
| 2013-12-31 | 9.75% |
| 2013-09-30 | 9.96% |
| 2013-06-30 | 12.94% |
| 2013-03-31 | 12.27% |
| 2012-12-31 | 12.87% |
| 2012-09-30 | 14.79% |
| 2012-06-30 | 18.33% |
| 2012-03-31 | 17.79% |
| 2011-12-31 | 19.36% |
| 2011-09-30 | 18.46% |
| 2011-06-30 | 20.89% |
| 2011-03-31 | 18.11% |
| 2010-12-31 | 19.08% |
| 2010-09-30 | 18.40% |
| 2010-06-30 | 22.84% |
| 2010-03-31 | 21.81% |
| 2009-12-31 | 22.94% |
| 2009-09-30 | 23.90% |
| 2009-06-30 | 25.46% |
| 2009-03-31 | 26.37% |
| 2008-12-31 | 29.99% |
| 2008-09-30 | 29.30% |
| 2008-06-30 | 33.11% |
| 2008-03-31 | 27.44% |
| 2007-12-31 | 26.44% |
| 2007-09-30 | 23.08% |
| 2007-06-30 | 21.66% |
| 2007-03-31 | 21.07% |
| 2006-12-31 | 21.34% |
| 2006-09-30 | 20.88% |
| 2006-06-30 | 23.58% |
| 2006-03-31 | 24.04% |
| 2005-12-31 | 30.08% |
| 2005-09-30 | 25.36% |
| 2005-06-30 | 26.87% |
| 2005-03-31 | 27.43% |
| 2004-12-31 | 29.30% |
| 2004-09-30 | 28.18% |
| 2004-06-30 | 31.17% |
| 2004-03-31 | 31.44% |
| 2003-12-31 | 30.88% |
| 2003-09-30 | 30.68% |
| 2003-06-30 | 29.98% |
| 2003-03-31 | 30.09% |
| 2002-12-31 | 28.03% |
| 2002-09-30 | 25.73% |
