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 1.88% is in line with its 5-year average of 2.00%, around the middle of its 5-year range (1.71%–2.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.69% below its 12-month average of 1.90%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.88%
DEBT TO ASSETS RATIO AVG TTM
1.90%
DEBT TO ASSETS RATIO AVG 3Y
1.98%
DEBT TO ASSETS RATIO AVG 5Y
2.00%
DEBT TO ASSETS RATIO AVG 10Y
1.48%
DEBT TO ASSETS RATIO AVG 15Y
0.98%
DEBT TO ASSETS RATIO AVG 20Y
0.77%
CURRENT VS TTM AVG
-0.69%
CURRENT VS 3Y AVG
-4.96%
CURRENT VS 5Y AVG
-5.85%
CURRENT VS 10Y AVG
+27.52%
CURRENT VS 15Y AVG
+91.28%
CURRENT VS 20Y AVG
+145.47%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+560.70%
vs the sector median at left
Align Technology, Inc.
Market Cap
$10.88B
Debt to Assets Ratio
1.88%
TTM Avg
1.90%
3Y Avg
1.98%
5Y Avg
2.00%
Market Cap
$10.48B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.32B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.15B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.10B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.99B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Align Technology, Inc. (ALGN) | $10.88B | 1.88% | 1.90% | 1.98% | 2.00% |
| Tempus AI, Inc. (TEM)vs › | $10.89B | 0.61% | N/A | N/A | N/A |
| Universal Health Services, Inc. (UHS)vs › | $10.48B | 0.33% | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.32B | 0.11% | N/A | N/A | N/A |
| Globus Medical, Inc. (GMED)vs › | $10.15B | 0.02% | N/A | N/A | N/A |
| DaVita Inc. (DVA)vs › | $11.64B | 0.61% | N/A | N/A | N/A |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.10B | 0.12% | N/A | N/A | N/A |
| Henry Schein, Inc. (HSIC)vs › | $10.09B | 0.34% | N/A | N/A | N/A |
| Molina Healthcare, Inc. (MOH)vs › | $9.99B | 0.25% | N/A | N/A | N/A |
| Encompass Health Corporation (EHC)vs › | $11.86B | 0.38% | N/A | N/A | N/A |
Debt/Assets
1.9%
Debt/Equity
0.03
Current Ratio
1.40
Interest Coverage
N/A
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 | 1.88% |
| 2026-03-31 | 1.84% |
| 2025-12-31 | 1.84% |
| 2025-09-30 | 1.95% |
| 2025-06-30 | 1.98% |
| 2025-03-31 | 1.94% |
| 2024-12-31 | 1.92% |
| 2024-09-30 | 2.00% |
| 2024-06-30 | 2.10% |
| 2024-03-31 | 2.05% |
| 2023-12-31 | 2.08% |
| 2023-09-30 | 2.01% |
| 2023-06-30 | 2.17% |
| 2023-03-31 | 2.15% |
| 2022-12-31 | 2.13% |
| 2022-09-30 | 2.04% |
| 2022-06-30 | 2.12% |
| 2022-03-31 | 2.19% |
| 2021-12-31 | 2.11% |
| 2021-09-30 | 1.71% |
| 2021-06-30 | 1.79% |
| 2021-03-31 | 1.68% |
| 2020-12-31 | 1.78% |
| 2020-09-30 | 1.95% |
| 2020-06-30 | 1.78% |
| 2020-03-31 | 1.87% |
| 2019-12-31 | 2.37% |
| 2019-09-30 | 2.43% |
| 2019-06-30 | 3.21% |
| 2019-03-31 | 5.86% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 5.09% |
| 2006-12-31 | 7.59% |
| 2006-09-30 | 9.56% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.29% |
| 2005-06-30 | 0.58% |
| 2005-03-31 | 0.99% |
| 2004-12-31 | 1.43% |
| 2004-09-30 | 1.89% |
| 2004-06-30 | 2.47% |
| 2004-03-31 | 3.22% |
| 2003-12-31 | 3.76% |
| 2003-09-30 | 4.58% |
| 2003-06-30 | 5.38% |
| 2003-03-31 | 6.11% |
| 2002-12-31 | 6.48% |
| 2002-09-30 | 0.82% |
