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 23.60% is 26% above its 5-year average of 18.73%, near the high end of its 5-year range (13.70%–23.60%).
As of the fiscal period ended Friday, May 29, 2026. 2.64% above its 12-month average of 23.00%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.60%
DEBT TO ASSETS RATIO AVG TTM
23.00%
DEBT TO ASSETS RATIO AVG 3Y
19.57%
DEBT TO ASSETS RATIO AVG 5Y
18.73%
DEBT TO ASSETS RATIO AVG 10Y
18.04%
DEBT TO ASSETS RATIO AVG 15Y
17.32%
DEBT TO ASSETS RATIO AVG 20Y
16.93%
CURRENT VS TTM AVG
+2.64%
CURRENT VS 3Y AVG
+20.63%
CURRENT VS 5Y AVG
+26.02%
CURRENT VS 10Y AVG
+30.85%
CURRENT VS 15Y AVG
+36.30%
CURRENT VS 20Y AVG
+39.43%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+12322.48%
vs the sector median at left
Adobe Inc.
Market Cap
$89.48B
Debt to Assets Ratio
23.60%
TTM Avg
23.00%
3Y Avg
19.57%
5Y Avg
18.73%
Market Cap
$89.98B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.97B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Adobe Inc. (ADBE) | $89.48B | 23.60% | 23.00% | 19.57% | 18.73% |
| Accenture plc (ACN)vs › | $89.95B | 0.13% | N/A | N/A | N/A |
| Cadence Design Systems, Inc. (CDNS)vs › | $89.98B | 0.24% | N/A | N/A | N/A |
| Datadog, Inc. (DDOG)vs › | $87.87B | 0.23% | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $92.91B | 0.30% | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $93.11B | 0.61% | N/A | N/A | N/A |
| Intuit Inc. (INTU)vs › | $81.06B | 0.18% | N/A | N/A | N/A |
| Automatic Data Processing, Inc. (ADP)vs › | $99.97B | 0.17% | N/A | N/A | N/A |
| ServiceNow, Inc. (NOW)vs › | $102.12B | 0.12% | N/A | N/A | N/A |
| Synopsys, Inc. (SNPS)vs › | $71.51B | 0.30% | N/A | N/A | N/A |
Debt/Assets
23.6%
Debt/Equity
0.57
Current Ratio
1.00
Interest Coverage
33.1x
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 |
|---|---|
| 2026-05-29 | 23.60% |
| 2026-02-27 | 22.41% |
| 2025-11-28 | 22.54% |
| 2025-08-29 | 23.08% |
| 2025-05-30 | 23.35% |
| 2025-02-28 | 21.91% |
| 2024-11-29 | 20.03% |
| 2024-08-30 | 20.38% |
| 2024-05-31 | 20.30% |
| 2024-03-01 | 14.21% |
| 2023-12-01 | 13.70% |
| 2023-09-01 | 14.08% |
| 2023-06-02 | 14.77% |
| 2023-03-03 | 15.47% |
| 2022-12-02 | 17.06% |
| 2022-09-02 | 17.35% |
| 2022-06-03 | 17.69% |
| 2022-03-04 | 17.96% |
| 2021-12-03 | 17.15% |
| 2021-09-03 | 17.92% |
| 2021-06-04 | 18.34% |
| 2021-03-05 | 18.84% |
| 2020-11-27 | 19.39% |
| 2020-08-28 | 21.09% |
| 2020-05-29 | 21.74% |
| 2020-02-28 | 22.21% |
| 2019-11-29 | 19.93% |
| 2019-08-30 | 20.63% |
| 2019-05-31 | 21.02% |
| 2019-03-01 | 21.17% |
| 2018-11-30 | 21.98% |
| 2018-08-31 | 12.18% |
| 2018-06-01 | 12.36% |
| 2018-03-02 | 12.52% |
| 2017-12-01 | 12.94% |
| 2017-09-01 | 13.58% |
| 2017-06-02 | 14.13% |
| 2017-03-03 | 14.44% |
| 2016-12-02 | 14.90% |
| 2016-09-02 | 15.50% |
| 2016-06-03 | 15.70% |
| 2016-03-04 | 16.11% |
| 2015-11-27 | 16.26% |
| 2015-08-28 | 16.56% |
| 2015-05-29 | 17.06% |
| 2015-02-27 | 17.27% |
| 2014-11-28 | 14.07% |
| 2014-08-29 | 14.37% |
| 2014-05-30 | 14.52% |
| 2014-02-28 | 14.73% |
| 2013-11-29 | 14.76% |
| 2013-08-30 | 14.85% |
| 2013-05-31 | 14.84% |
| 2013-03-01 | 15.06% |
| 2012-11-30 | 15.02% |
| 2012-08-31 | 15.69% |
| 2012-06-01 | 16.12% |
| 2012-03-02 | 16.56% |
| 2011-12-02 | 16.84% |
| 2011-09-02 | 17.86% |
| 2011-06-03 | 18.21% |
| 2011-03-04 | 18.30% |
| 2010-12-03 | 18.94% |
| 2010-09-03 | 19.18% |
| 2010-06-04 | 18.65% |
| 2010-03-05 | 18.80% |
| 2009-11-27 | 13.73% |
| 2009-08-28 | 5.87% |
| 2009-05-29 | 5.77% |
| 2009-02-27 | 5.94% |
| 2008-11-28 | 6.01% |
| 2008-08-29 | 6.21% |
| 2008-05-08 | 6.41% |
| 2008-02-29 | 8.43% |
| 2007-11-30 | 0.00% |
| 2007-08-31 | 0.00% |
| 2007-06-01 | 0.00% |
| 2007-03-02 | 0.00% |
| 2006-12-01 | 0.00% |
| 2006-09-01 | 0.00% |
| 2006-06-02 | 0.00% |
| 2006-03-03 | 0.00% |
| 2005-12-02 | 0.00% |
| 2005-09-02 | 0.00% |
| 2005-06-03 | 0.00% |
| 2005-03-04 | 0.00% |
| 2004-12-03 | 0.00% |
| 2004-09-03 | 0.00% |
| 2004-06-04 | 0.00% |
| 2004-03-05 | 0.00% |
| 2003-11-28 | 0.00% |
| 2003-08-29 | 0.00% |
| 2003-05-30 | 0.00% |
| 2003-02-28 | 0.00% |
| 2002-11-29 | 0.00% |
| 2002-08-30 | 0.00% |