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 8.34% is 32% above its 5-year average of 6.31%, near the low end of its 5-year range (4.62%–17.54%).
As of the fiscal period ended Tuesday, June 30, 2026. 24.17% below its 12-month average of 11.00%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
8.34%
DEBT TO ASSETS RATIO AVG TTM
11.00%
DEBT TO ASSETS RATIO AVG 3Y
6.62%
DEBT TO ASSETS RATIO AVG 5Y
6.31%
DEBT TO ASSETS RATIO AVG 10Y
5.80%
DEBT TO ASSETS RATIO AVG 15Y
5.65%
DEBT TO ASSETS RATIO AVG 20Y
3.57%
CURRENT VS TTM AVG
-24.17%
CURRENT VS 3Y AVG
+26.06%
CURRENT VS 5Y AVG
+32.13%
CURRENT VS 10Y AVG
+43.91%
CURRENT VS 15Y AVG
+47.55%
CURRENT VS 20Y AVG
+133.73%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+4408.52%
vs the sector median at left
Automatic Data Processing, Inc.
Market Cap
$107.78B
Debt to Assets Ratio
8.34%
TTM Avg
11.00%
3Y Avg
6.62%
5Y Avg
6.31%
Market Cap
$104.41B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.72B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Automatic Data Processing, Inc. (ADP) | $107.78B | 8.34% | 11.00% | 6.62% | 6.31% |
| Accenture plc (ACN)vs › | $109.73B | 0.12% | N/A | N/A | N/A |
| AppLovin Corporation (APP)vs › | $104.41B | 0.43% | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $113.17B | 0.05% | N/A | N/A | N/A |
| Adobe Inc. (ADBE)vs › | $101.99B | 0.24% | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $99.24B | 0.55% | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $117.33B | 0.32% | N/A | N/A | N/A |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.72B | 0.28% | N/A | N/A | N/A |
| Intuit Inc. (INTU)vs › | $86.03B | 0.23% | N/A | N/A | N/A |
| Cadence Design Systems, Inc. (CDNS)vs › | $80.07B | 0.21% | N/A | N/A | N/A |
Debt/Assets
8.3%
Debt/Equity
0.87
Current Ratio
0.17
Interest Coverage
8.9x
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 | 8.34% |
| 2026-03-31 | 6.66% |
| 2025-12-31 | 5.47% |
| 2025-09-30 | 17.54% |
| 2025-06-30 | 16.99% |
| 2025-03-31 | 7.56% |
| 2024-12-31 | 6.68% |
| 2024-09-30 | 17.52% |
| 2024-06-30 | 6.82% |
| 2024-03-31 | 5.29% |
| 2023-12-31 | 5.85% |
| 2023-09-30 | 6.74% |
| 2023-06-30 | 6.76% |
| 2023-03-31 | 5.55% |
| 2022-12-31 | 6.10% |
| 2022-09-30 | 7.56% |
| 2022-06-30 | 5.54% |
| 2022-03-31 | 4.62% |
| 2021-12-31 | 5.67% |
| 2021-09-30 | 5.55% |
| 2021-06-30 | 6.87% |
| 2021-03-31 | 4.33% |
| 2020-12-31 | 4.77% |
| 2020-09-30 | 5.48% |
| 2020-06-30 | 6.00% |
| 2020-03-31 | 5.45% |
| 2019-12-31 | 4.82% |
| 2019-09-30 | 16.77% |
| 2019-06-30 | 5.41% |
| 2019-03-31 | 4.15% |
| 2018-12-31 | 8.27% |
| 2018-09-30 | 6.56% |
| 2018-06-30 | 5.15% |
| 2018-03-31 | 4.54% |
| 2017-12-31 | 4.50% |
| 2017-09-30 | 5.98% |
| 2017-06-30 | 5.39% |
| 2017-03-31 | 4.57% |
| 2016-12-31 | 5.01% |
| 2016-09-30 | 5.85% |
| 2016-06-30 | 4.60% |
| 2016-03-31 | 3.93% |
| 2015-12-31 | 5.00% |
| 2015-09-30 | 5.80% |
| 2015-06-30 | 0.03% |
| 2015-03-31 | 0.03% |
| 2014-12-31 | 0.02% |
| 2014-09-30 | 6.45% |
| 2014-06-30 | 6.82% |
| 2014-03-31 | 0.03% |
| 2013-12-31 | 0.03% |
| 2013-09-30 | 9.61% |
| 2013-06-30 | 0.81% |
| 2013-03-31 | 0.04% |
| 2012-12-31 | 0.09% |
| 2012-09-30 | 1.52% |
| 2012-06-30 | 0.05% |
| 2012-03-31 | 0.04% |
| 2011-12-31 | 0.08% |
| 2011-09-30 | 0.09% |
| 2011-06-30 | 0.10% |
| 2011-03-31 | 0.08% |
| 2010-12-31 | 0.11% |
| 2010-09-30 | 0.12% |
| 2010-06-30 | 0.15% |
| 2010-03-31 | 0.12% |
| 2009-12-31 | 0.14% |
| 2009-09-30 | 0.17% |
| 2009-06-30 | 3.05% |
| 2009-03-31 | 0.15% |
| 2008-12-31 | 0.15% |
| 2008-09-30 | 5.80% |
| 2008-06-30 | 0.22% |
| 2008-03-31 | 0.16% |
| 2007-12-31 | 0.13% |
| 2007-09-30 | 1.51% |
| 2007-06-30 | 0.16% |
| 2007-03-31 | 0.13% |
| 2006-12-31 | 69.63% |
| 2006-09-30 | 63.62% |
| 2006-06-30 | 0.27% |
| 2006-03-31 | 0.23% |
| 2005-12-31 | 0.25% |
| 2005-09-30 | 0.31% |
| 2005-06-30 | 0.27% |
| 2005-03-31 | 0.23% |
| 2004-12-31 | 0.27% |
| 2004-09-30 | 0.32% |
| 2004-06-30 | 0.36% |
| 2004-03-31 | 0.32% |
| 2003-12-31 | 0.34% |
| 2003-09-30 | 0.45% |
| 2003-06-30 | 0.43% |
| 2003-03-31 | 0.40% |
| 2002-12-31 | 0.43% |
| 2002-09-30 | 0.53% |
