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 22.90% is 11% below its 5-year average of 25.62%, around the middle of its 5-year range (18.60%–30.44%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.86% above its 12-month average of 20.11%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.90%
DEBT TO ASSETS RATIO AVG TTM
20.11%
DEBT TO ASSETS RATIO AVG 3Y
23.63%
DEBT TO ASSETS RATIO AVG 5Y
25.62%
DEBT TO ASSETS RATIO AVG 10Y
23.70%
DEBT TO ASSETS RATIO AVG 15Y
18.83%
DEBT TO ASSETS RATIO AVG 20Y
18.26%
CURRENT VS TTM AVG
+13.86%
CURRENT VS 3Y AVG
-3.11%
CURRENT VS 5Y AVG
-10.63%
CURRENT VS 10Y AVG
-3.37%
CURRENT VS 15Y AVG
+21.61%
CURRENT VS 20Y AVG
+25.41%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.40%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+5624.45%
vs the sector median at left
Amazon.com, Inc.
Market Cap
$2.50T
Debt to Assets Ratio
22.90%
TTM Avg
20.11%
3Y Avg
23.63%
5Y Avg
25.62%
Market Cap
$2.84T
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amazon.com, Inc. (AMZN) | $2.50T | 22.90% | 20.11% | 23.63% | 25.62% |
| Apple Inc. (AAPL)vs › | $4.89T | 0.31% | N/A | N/A | N/A |
| Microsoft Corporation (MSFT)vs › | $2.84T | 0.18% | N/A | N/A | N/A |
| Alphabet Inc. (GOOGL)vs › | $3.87T | 0.10% | N/A | N/A | N/A |
| Walmart Inc. (WMT)vs › | $871.17B | 0.24% | N/A | N/A | N/A |
| Target Corporation (TGT)vs › | $62.16B | 0.34% | N/A | N/A | N/A |
Debt/Assets
22.9%
Debt/Equity
0.37
Current Ratio
1.05
Interest Coverage
35.2x
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 |
|---|---|
| 2026-03-31 | 22.90% |
| 2025-12-31 | 18.70% |
| 2025-09-30 | 18.60% |
| 2025-06-30 | 19.63% |
| 2025-03-31 | 20.71% |
| 2024-12-31 | 20.95% |
| 2024-09-30 | 23.04% |
| 2024-06-30 | 23.97% |
| 2024-03-31 | 25.37% |
| 2023-12-31 | 25.69% |
| 2023-09-30 | 28.14% |
| 2023-06-30 | 29.09% |
| 2023-03-31 | 30.44% |
| 2022-12-31 | 30.28% |
| 2022-09-30 | 29.94% |
| 2022-06-30 | 29.68% |
| 2022-03-31 | 27.58% |
| 2021-12-31 | 27.68% |
| 2021-09-30 | 29.79% |
| 2021-06-30 | 29.58% |
| 2021-03-31 | 26.29% |
| 2020-12-31 | 26.27% |
| 2020-09-30 | 28.89% |
| 2020-06-30 | 29.39% |
| 2020-03-31 | 28.81% |
| 2019-12-31 | 28.06% |
| 2019-09-30 | 29.90% |
| 2019-06-30 | 30.55% |
| 2019-03-31 | 31.78% |
| 2018-12-31 | 20.38% |
| 2018-09-30 | 17.18% |
| 2018-06-30 | 18.37% |
| 2018-03-31 | 19.50% |
| 2017-12-31 | 28.88% |
| 2017-09-30 | 21.44% |
| 2017-06-30 | 8.75% |
| 2017-03-31 | 9.50% |
| 2016-12-31 | 18.24% |
| 2016-09-30 | 11.57% |
| 2016-06-30 | 12.62% |
| 2016-03-31 | 13.45% |
| 2015-12-31 | 21.89% |
| 2015-09-30 | 14.66% |
| 2015-06-30 | 15.73% |
| 2015-03-31 | 16.49% |
| 2014-12-31 | 22.91% |
| 2014-09-30 | 7.67% |
| 2014-06-30 | 8.23% |
| 2014-03-31 | 8.65% |
| 2013-12-31 | 12.90% |
| 2013-09-30 | 9.55% |
| 2013-06-30 | 10.27% |
| 2013-03-31 | 10.71% |
| 2012-12-31 | 11.76% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 5.60% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 3.41% |
| 2010-09-30 | 1.16% |
| 2010-06-30 | 1.06% |
| 2010-03-31 | 1.09% |
| 2009-12-31 | 1.82% |
| 2009-09-30 | 1.29% |
| 2009-06-30 | 1.42% |
| 2009-03-31 | 1.06% |
| 2008-12-31 | 7.12% |
| 2008-09-30 | 6.63% |
| 2008-06-30 | 13.82% |
| 2008-03-31 | 23.34% |
| 2007-12-31 | 20.99% |
| 2007-09-30 | 27.57% |
| 2007-06-30 | 31.53% |
| 2007-03-31 | 34.17% |
| 2006-12-31 | 29.04% |
| 2006-09-30 | 39.90% |
| 2006-06-30 | 41.83% |
| 2006-03-31 | 42.11% |
| 2005-12-31 | 40.18% |
| 2005-09-30 | 54.03% |
| 2005-06-30 | 58.79% |
| 2005-03-31 | 63.23% |
| 2004-12-31 | 57.23% |
| 2004-09-30 | 84.52% |
| 2004-06-30 | 93.48% |
| 2004-03-31 | 102.39% |
| 2003-12-31 | 90.18% |
| 2003-09-30 | 119.28% |
| 2003-06-30 | 130.41% |
| 2003-03-31 | 135.26% |
| 2002-12-31 | 115.08% |
| 2002-09-30 | 152.13% |
| 2002-06-30 | 155.59% |
