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 17.04% is in line with its 5-year average of 16.73%, near the high end of its 5-year range (15.59%–17.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.84% above its 12-month average of 16.73%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
17.04%
DEBT TO ASSETS RATIO AVG TTM
16.73%
DEBT TO ASSETS RATIO AVG 3Y
16.98%
DEBT TO ASSETS RATIO AVG 5Y
16.73%
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
+1.84%
CURRENT VS 3Y AVG
+0.33%
CURRENT VS 5Y AVG
+1.83%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+5878.84%
vs the sector median at left
Alcon Inc.
Market Cap
$34.81B
Debt to Assets Ratio
17.04%
TTM Avg
16.73%
3Y Avg
16.98%
5Y Avg
16.73%
Market Cap
$32.35B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.34B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alcon Inc. (ALC) | $34.81B | 17.04% | 16.73% | 16.98% | 16.73% |
| ResMed Inc. (RMD)vs › | $34.53B | 0.09% | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $34.04B | 0.22% | N/A | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.35B | 0.27% | N/A | N/A | N/A |
| Biogen Inc. (BIIB)vs › | $32.09B | 0.26% | N/A | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $32.06B | 0.61% | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $31.84B | 0.19% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.34B | 0.23% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.85B | 0.21% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $29.76B | 0.32% | N/A | N/A | N/A |
Debt/Assets
17.0%
Debt/Equity
0.25
Current Ratio
2.09
Interest Coverage
6.7x
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 | 17.04% |
| 2026-03-31 | 16.64% |
| 2025-12-31 | 16.62% |
| 2025-09-30 | 16.62% |
| 2025-06-30 | 16.73% |
| 2025-03-31 | 16.75% |
| 2024-12-31 | 16.92% |
| 2024-09-30 | 16.88% |
| 2024-06-30 | 17.12% |
| 2024-03-31 | 17.20% |
| 2023-12-31 | 17.37% |
| 2023-09-30 | 17.40% |
| 2023-06-30 | 17.48% |
| 2023-03-31 | 17.48% |
| 2022-12-31 | 17.35% |
| 2022-09-30 | 15.59% |
| 2022-06-30 | 15.79% |
| 2022-03-31 | 16.01% |
| 2021-12-31 | 16.00% |
| 2021-09-30 | 16.17% |
| 2021-06-30 | 16.23% |
| 2021-03-31 | 16.47% |
| 2020-12-31 | 16.29% |
| 2020-09-30 | 16.29% |
| 2020-06-30 | 16.39% |
| 2020-03-31 | 13.92% |
| 2019-12-31 | 13.76% |
| 2019-09-30 | 13.67% |
| 2019-06-30 | 13.66% |
| 2018-12-31 | 0.50% |
| 2018-09-30 | 0.76% |
| 2017-12-31 | 0.71% |
