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 31.19% is 14% below its 5-year average of 36.21%, near the low end of its 5-year range (27.25%–41.35%).
As of the fiscal period ended Friday, July 31, 2026. 0.50% below its 12-month average of 31.35%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-07-31): 31.19%.
DEBT TO ASSETS RATIO
31.19%
DEBT TO ASSETS RATIO AVG TTM
31.35%
DEBT TO ASSETS RATIO AVG 3Y
35.29%
DEBT TO ASSETS RATIO AVG 5Y
36.21%
DEBT TO ASSETS RATIO AVG 10Y
40.59%
DEBT TO ASSETS RATIO AVG 15Y
35.83%
DEBT TO ASSETS RATIO AVG 20Y
33.50%
CURRENT VS TTM AVG
-0.50%
CURRENT VS 3Y AVG
-11.60%
CURRENT VS 5Y AVG
-13.85%
CURRENT VS 10Y AVG
-23.14%
CURRENT VS 15Y AVG
-12.94%
CURRENT VS 20Y AVG
-6.88%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.38%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+8218.64%
vs the sector median at left
Brown-Forman Corporation
Market Cap
$12.40B
Debt to Assets Ratio
31.19%
TTM Avg
31.35%
3Y Avg
35.29%
5Y Avg
36.21%
Market Cap
$12.94B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.47B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.74B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.10B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.21B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.81B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown-Forman Corporation (BF-B) | $12.40B | 31.19% | 31.35% | 35.29% | 36.21% |
| The J. M. Smucker Company (SJM)vs › | $12.94B | 0.43% | N/A | N/A | N/A |
| Hormel Foods Corporation (HRL)vs › | $11.47B | 0.21% | N/A | N/A | N/A |
| McCormick & Company, Incorporated (MKC)vs › | $13.74B | 0.30% | N/A | N/A | N/A |
| The Clorox Company (CLX)vs › | $10.73B | 0.71% | N/A | N/A | N/A |
| Smithfield Foods, Inc. (SFD)vs › | $8.10B | 0.20% | N/A | N/A | N/A |
| Molson Coors Beverage Company (TAP)vs › | $7.21B | 0.32% | N/A | N/A | N/A |
| Conagra Brands, Inc. (CAG)vs › | $7.04B | 0.42% | N/A | N/A | N/A |
| Celsius Holdings, Inc. (CELH)vs › | $6.81B | 0.13% | N/A | N/A | N/A |
| Sprouts Farmers Market, Inc. (SFM)vs › | $6.73B | 0.49% | N/A | N/A | N/A |
Debt/Assets
31.2%
Debt/Equity
0.62
Current Ratio
3.26
Interest Coverage
12.5x
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 | 31.19% |
| 2026-04-30 | 27.25% |
| 2026-01-31 | 33.06% |
| 2025-10-31 | 32.20% |
| 2025-07-31 | 33.06% |
| 2025-04-30 | 33.80% |
| 2025-01-31 | 35.47% |
| 2024-10-31 | 38.44% |
| 2024-07-31 | 38.61% |
| 2024-04-30 | 37.96% |
| 2024-01-31 | 41.35% |
| 2023-10-31 | 38.32% |
| 2023-07-31 | 38.04% |
| 2023-04-30 | 37.46% |
| 2023-01-31 | 39.05% |
| 2022-10-31 | 35.17% |
| 2022-07-31 | 34.47% |
| 2022-04-30 | 35.60% |
| 2022-01-31 | 37.38% |
| 2021-10-31 | 35.52% |
| 2021-07-31 | 38.01% |
| 2021-04-30 | 39.24% |
| 2021-01-31 | 40.94% |
| 2020-10-31 | 42.00% |
| 2020-07-31 | 43.69% |
| 2020-04-30 | 45.05% |
| 2020-01-31 | 41.63% |
| 2019-10-31 | 44.01% |
| 2019-07-31 | 46.73% |
| 2019-04-30 | 48.51% |
| 2019-01-31 | 48.58% |
| 2018-10-31 | 49.45% |
| 2018-07-31 | 49.47% |
| 2018-04-30 | 51.37% |
| 2018-01-31 | 41.59% |
| 2017-10-31 | 44.27% |
| 2017-07-31 | 46.40% |
| 2017-04-30 | 46.46% |
| 2017-01-31 | 48.39% |
| 2016-10-31 | 47.75% |
| 2016-07-31 | 47.13% |
| 2016-04-30 | 35.88% |
| 2016-01-31 | 40.11% |
| 2015-10-31 | 41.26% |
| 2015-07-31 | 34.43% |
| 2015-04-30 | 28.33% |
| 2015-01-31 | 24.18% |
| 2014-10-31 | 26.44% |
| 2014-07-31 | 24.12% |
| 2014-04-30 | 24.49% |
| 2014-01-31 | 25.19% |
| 2013-10-31 | 25.86% |
| 2013-07-31 | 27.21% |
| 2013-04-30 | 27.63% |
| 2013-01-31 | 32.90% |
| 2012-10-31 | 13.46% |
| 2012-07-31 | 14.01% |
| 2012-04-30 | 14.67% |
| 2012-01-31 | 20.58% |
| 2011-10-31 | 20.63% |
| 2011-07-31 | 20.26% |
| 2011-04-30 | 20.45% |
| 2011-01-31 | 20.64% |
| 2010-10-31 | 18.62% |
| 2010-07-31 | 21.22% |
| 2010-04-30 | 20.66% |
| 2010-01-31 | 22.43% |
| 2009-10-31 | 26.87% |
| 2009-07-31 | 26.58% |
| 2009-04-30 | 28.75% |
| 2009-01-31 | 30.22% |
| 2008-10-31 | 32.59% |
| 2008-07-31 | 28.92% |
| 2008-04-30 | 29.54% |
| 2008-01-31 | 29.91% |
| 2007-10-31 | 31.51% |
| 2007-07-31 | 33.46% |
| 2007-04-30 | 33.15% |
| 2007-01-31 | 33.37% |
| 2006-10-31 | 18.83% |
| 2006-07-31 | 20.01% |
| 2006-04-30 | 21.11% |
| 2006-01-31 | 22.66% |
| 2005-10-31 | 23.21% |
| 2005-07-31 | 23.14% |
| 2005-04-30 | 24.05% |
| 2005-01-31 | 24.15% |
| 2004-10-31 | 25.66% |
| 2004-07-31 | 27.26% |
| 2004-04-30 | 28.62% |
| 2004-01-31 | 32.93% |
| 2003-10-31 | 35.34% |
| 2003-07-31 | 36.58% |
| 2003-04-30 | 36.93% |
| 2003-01-31 | 9.14% |
| 2002-10-31 | 13.52% |
