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 31.65% is in line with its 5-year average of 30.06%, around the middle of its 5-year range (27.07%–38.96%).
As of the fiscal period ended Friday, July 31, 2026. 5.27% above its 12-month average of 30.07%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 31.65%.
DEBT TO ASSETS RATIO
31.65%
DEBT TO ASSETS RATIO AVG TTM
30.07%
DEBT TO ASSETS RATIO AVG 3Y
29.59%
DEBT TO ASSETS RATIO AVG 5Y
30.06%
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
+5.27%
CURRENT VS 3Y AVG
+6.98%
CURRENT VS 5Y AVG
+5.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+17484.34%
vs the sector median at left
Asana, Inc.
Market Cap
$2.14B
Debt to Assets Ratio
31.65%
TTM Avg
30.07%
3Y Avg
29.59%
5Y Avg
30.06%
Market Cap
$2.02B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.01B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.29B
Debt to Assets Ratio
0.73%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.92B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.69B
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $2.14B | 31.65% | 30.07% | 29.59% | 30.06% |
| nCino, Inc. (NCNO)vs › | $2.13B | 0.22% | N/A | N/A | N/A |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.02B | 0.13% | N/A | N/A | N/A |
| Quantum Computing, Inc. (QUBT)vs › | $2.01B | 0.01% | N/A | N/A | N/A |
| Keel Infrastructure Corp. (KEEL)vs › | $2.29B | 0.73% | N/A | N/A | N/A |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.92B | 0.44% | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.62B | 0.00% | N/A | N/A | N/A |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 0.57% | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $1.31B | 0.43% | N/A | N/A | N/A |
| Veeco Instruments Inc. (VECO)vs › | $3.03B | 0.18% | N/A | N/A | N/A |
Debt/Assets
31.7%
Debt/Equity
2.48
Current Ratio
0.92
Interest Coverage
-62.7x
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 |
|---|---|
| 2026-07-31 | 31.65% |
| 2026-04-30 | 30.82% |
| 2026-01-31 | 29.55% |
| 2025-10-31 | 29.74% |
| 2025-07-31 | 28.57% |
| 2025-04-30 | 29.56% |
| 2025-01-31 | 30.11% |
| 2024-10-31 | 30.77% |
| 2024-07-31 | 29.11% |
| 2024-04-30 | 28.30% |
| 2024-01-31 | 28.89% |
| 2023-10-31 | 29.82% |
| 2023-07-31 | 29.80% |
| 2023-04-30 | 29.45% |
| 2023-01-31 | 28.43% |
| 2022-10-31 | 27.07% |
| 2022-07-31 | 38.96% |
| 2022-04-30 | 36.79% |
| 2022-01-31 | 36.15% |
| 2021-10-31 | 35.44% |
| 2021-07-31 | 34.01% |
| 2021-04-30 | 82.02% |
| 2021-01-31 | 80.13% |
| 2020-10-31 | 74.54% |
| 2020-07-31 | 71.38% |
| 2020-04-30 | 56.36% |
| 2020-01-31 | 53.40% |
