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Amgen Inc. (AMGN) Debt to Assets Ratio: 0.60%

The debt to assets ratio for Amgen Inc. (AMGN) is 0.60% as of Tuesday, June 9, 2026.

AMGN Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.60%

AMGN Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIO
Amgen Inc. (AMGN)0.60%
Thermo Fisher Scientific Inc. (TMO)$183.61B0.37%
Abbott Laboratories (ABT)$158.94B0.17%
Gilead Sciences, Inc. (GILD)$155.82B0.42%
Intuitive Surgical, Inc. (ISRG)$151.09B0.01%
Pfizer Inc. (PFE)$146.48B0.32%
Danaher Corporation (DHR)$133.37B0.22%
CVS Health Corporation (CVS)$123.84B0.36%
Bristol-Myers Squibb Company (BMY)$115.34B0.52%
Vertex Pharmaceuticals Incorporated (VRTX)$113.14B0.15%

Leverage Ratios Comparison

Debt/Assets

0.6%

Debt/Equity

6.31

Current Ratio

1.14

Interest Coverage

3.9x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Amgen Inc. Debt to Assets Ratio Formula & Definition

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

Amgen Inc. Debt to Assets Ratio FAQ

What is the debt to assets ratio for Amgen Inc. (AMGN)?
The debt to assets ratio for AMGN stock is 0.60%.

About Amgen Inc.

Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a global biotechnology leader focused on discovering, developing, manufacturing, and delivering groundbreaking human medicines. The company's scientific endeavors span several critical therapeutic categories, including inflammatory conditions, oncology and hematology, bone health, cardiovascular diseases, nephrology, and neuroscience. Its extensive portfolio features a range of significant pharmaceutical products. Notable examples include Enbrel, prescribed for conditions like plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta, which helps cancer patients by reducing the risk of infection linked to a low white blood cell count; Prolia, utilized in postmenopausal women to combat osteoporosis; and Xgeva, designed to prevent skeletal-related complications. Otezla offers relief for adult patients suffering from plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease. Aranesp addresses anemia and low red blood cell counts, while KYPROLIS is employed to treat patients with relapsed or refractory multiple myeloma. Furthermore, Repatha plays a vital role in lowering the incidence of major cardiovascular events such as myocardial infarction, stroke, and coronary revascularization. Amgen's comprehensive product lineup also encompasses Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. The company distributes its therapies worldwide, primarily serving healthcare providers, including physicians and their clinics, dialysis centers, hospitals, and pharmacies. Distribution is facilitated through pharmaceutical wholesale distributors, complemented by direct-to-consumer channels. Amgen actively engages in strategic collaborations. It has partnered with entities such as Novartis Pharma AG, UCB, Bayer HealthCare LLC, BeiGene, Ltd., Eli Lilly and Company, Datos Health, and Verastem, Inc., to jointly assess VS-6766 when combined with lumakrastm (Sotorasib) in patients with KRAS G12C-mutant non-small cell lung cancer. Another key alliance involves Kyowa Kirin Co., Ltd., for the co-development and commercialization of KHK4083, a Phase 3-ready anti-OX40 fully human monoclonal antibody targeting atopic dermatitis and other autoimmune conditions. Additionally, Amgen maintains research and development partnerships with Neumora Therapeutics, Inc. and Plexium, Inc.

Thousand Oaks, CA
28,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert A. Bradway