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 22.89% is 19% below its 5-year average of 28.41%, near the low end of its 5-year range (20.53%–37.52%).
As of the fiscal period ended Sunday, May 31, 2026. 2.02% above its 12-month average of 22.44%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.89%
DEBT TO ASSETS RATIO AVG TTM
22.44%
DEBT TO ASSETS RATIO AVG 3Y
25.73%
DEBT TO ASSETS RATIO AVG 5Y
28.41%
DEBT TO ASSETS RATIO AVG 10Y
31.94%
DEBT TO ASSETS RATIO AVG 15Y
29.18%
DEBT TO ASSETS RATIO AVG 20Y
24.79%
CURRENT VS TTM AVG
+2.02%
CURRENT VS 3Y AVG
-11.04%
CURRENT VS 5Y AVG
-19.42%
CURRENT VS 10Y AVG
-28.33%
CURRENT VS 15Y AVG
-21.56%
CURRENT VS 20Y AVG
-7.66%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+9437.82%
vs the sector median at left
WD-40 Company
Market Cap
$3.08B
Debt to Assets Ratio
22.89%
TTM Avg
22.44%
3Y Avg
25.73%
5Y Avg
28.41%
Market Cap
$1.17B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.80B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.50B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.95B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| WD-40 Company (WDFC) | $3.08B | 22.89% | 22.44% | 25.73% | 28.41% |
| Griffon Corporation (GFF)vs › | $4.78B | 0.73% | N/A | N/A | N/A |
| Lightwave Logic, Inc. (LWLG)vs › | $1.17B | 0.03% | N/A | N/A | N/A |
| The Mosaic Company (MOS)vs › | $6.87B | 0.24% | N/A | N/A | N/A |
| Builders FirstSource, Inc. (BLDR)vs › | $7.80B | 0.46% | N/A | N/A | N/A |
| First Majestic Silver Corp. (AG)vs › | $9.50B | 0.07% | N/A | N/A | N/A |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.95B | 0.41% | N/A | N/A | N/A |
| MP Materials Corp. (MP)vs › | $10.46B | 0.25% | N/A | N/A | N/A |
| Alcoa Corporation (AA)vs › | $13.19B | 0.13% | N/A | N/A | N/A |
| RPM International Inc. (RPM)vs › | $14.54B | 0.34% | N/A | N/A | N/A |
Debt/Assets
22.9%
Debt/Equity
0.41
Current Ratio
2.65
Interest Coverage
30.2x
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 |
|---|---|
| 2026-05-31 | 22.89% |
| 2026-02-28 | 23.45% |
| 2025-11-30 | 22.00% |
| 2025-08-31 | 20.53% |
| 2025-05-31 | 23.32% |
| 2025-02-28 | 27.11% |
| 2024-11-30 | 25.80% |
| 2024-08-31 | 22.90% |
| 2024-05-31 | 26.12% |
| 2024-02-29 | 27.84% |
| 2023-11-30 | 28.85% |
| 2023-08-31 | 29.34% |
| 2023-05-31 | 34.36% |
| 2023-02-28 | 36.44% |
| 2022-11-30 | 37.52% |
| 2022-08-31 | 35.46% |
| 2022-05-31 | 32.64% |
| 2022-02-28 | 29.08% |
| 2021-11-30 | 30.59% |
| 2021-08-31 | 28.99% |
| 2021-05-31 | 31.30% |
| 2021-02-28 | 31.14% |
| 2020-11-30 | 32.23% |
| 2020-08-31 | 33.71% |
| 2020-05-31 | 44.91% |
| 2020-02-29 | 33.37% |
| 2019-11-30 | 31.19% |
| 2019-08-31 | 26.90% |
| 2019-05-31 | 30.67% |
| 2019-02-28 | 28.79% |
| 2018-11-30 | 26.85% |
| 2018-08-31 | 27.25% |
| 2018-05-31 | 43.49% |
| 2018-02-28 | 42.44% |
| 2017-11-30 | 43.17% |
| 2017-08-31 | 41.65% |
| 2017-05-31 | 43.04% |
| 2017-02-28 | 42.32% |
| 2016-11-30 | 40.27% |
| 2016-08-31 | 35.92% |
| 2016-05-31 | 33.72% |
| 2016-02-29 | 35.49% |
| 2015-11-30 | 33.72% |
| 2015-08-31 | 31.83% |
| 2015-05-31 | 32.24% |
| 2015-02-28 | 30.50% |
| 2014-11-30 | 29.58% |
| 2014-08-31 | 28.19% |
| 2014-05-31 | 24.69% |
| 2014-02-28 | 22.05% |
| 2013-11-30 | 19.35% |
| 2013-08-31 | 19.50% |
| 2013-05-31 | 19.66% |
| 2013-02-28 | 16.03% |
| 2012-11-30 | 14.65% |
| 2012-08-31 | 14.96% |
| 2012-05-31 | 15.17% |
| 2012-02-29 | 13.38% |
| 2011-11-30 | 11.22% |
| 2011-08-31 | 3.83% |
| 2011-05-31 | 3.69% |
| 2011-02-28 | 3.69% |
| 2010-11-30 | 3.75% |
| 2010-08-31 | 7.41% |
| 2010-05-31 | 7.86% |
| 2010-02-28 | 7.97% |
| 2009-11-30 | 8.15% |
| 2009-08-31 | 12.24% |
| 2009-05-31 | 12.66% |
| 2009-02-28 | 13.04% |
| 2008-11-30 | 12.66% |
| 2008-08-31 | 15.83% |
| 2008-05-31 | 15.90% |
| 2008-02-29 | 16.35% |
| 2007-11-30 | 15.44% |
| 2007-08-31 | 18.92% |
| 2007-05-31 | 18.59% |
| 2007-02-28 | 19.54% |
| 2006-11-30 | 20.17% |
| 2006-08-31 | 23.94% |
| 2006-05-31 | 24.47% |
| 2006-02-28 | 25.22% |
| 2005-11-30 | 26.23% |
| 2005-08-31 | 29.50% |
| 2005-05-31 | 31.32% |
| 2005-02-28 | 34.09% |
| 2004-11-30 | 35.60% |
| 2004-08-31 | 35.90% |
| 2004-05-31 | 36.37% |
| 2004-02-29 | 38.33% |
| 2003-11-30 | 39.92% |
| 2003-08-31 | 40.14% |
| 2003-05-31 | 43.60% |
| 2003-02-28 | 43.92% |
| 2002-11-30 | 45.09% |
| 2002-08-31 | 44.32% |
