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 26.04% is in line with its 5-year average of 26.58%, around the middle of its 5-year range (22.26%–32.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.58% above its 12-month average of 23.55%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
26.04%
DEBT TO ASSETS RATIO AVG TTM
23.55%
DEBT TO ASSETS RATIO AVG 3Y
24.64%
DEBT TO ASSETS RATIO AVG 5Y
26.58%
DEBT TO ASSETS RATIO AVG 10Y
26.83%
DEBT TO ASSETS RATIO AVG 15Y
21.85%
DEBT TO ASSETS RATIO AVG 20Y
19.12%
CURRENT VS TTM AVG
+10.58%
CURRENT VS 3Y AVG
+5.66%
CURRENT VS 5Y AVG
-2.03%
CURRENT VS 10Y AVG
-2.95%
CURRENT VS 15Y AVG
+19.15%
CURRENT VS 20Y AVG
+36.21%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+9199.72%
vs the sector median at left
Biogen Inc.
Market Cap
$31.58B
Debt to Assets Ratio
26.04%
TTM Avg
23.55%
3Y Avg
24.64%
5Y Avg
26.58%
Market Cap
$30.35B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Biogen Inc. (BIIB) | $31.58B | 26.04% | 23.55% | 24.64% | 26.58% |
| DexCom, Inc. (DXCM)vs › | $32.07B | 0.22% | N/A | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $31.04B | 0.61% | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $32.22B | 0.19% | N/A | N/A | N/A |
| ResMed Inc. (RMD)vs › | $32.26B | 0.09% | N/A | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.35B | 0.27% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.19B | 0.21% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $29.75B | 0.32% | N/A | N/A | N/A |
| Alcon Inc. (ALC)vs › | $33.80B | 0.17% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $35.17B | 0.23% | N/A | N/A | N/A |
Debt/Assets
26.0%
Debt/Equity
0.44
Current Ratio
1.87
Interest Coverage
7.6x
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 | 26.04% |
| 2026-03-31 | 22.26% |
| 2025-12-31 | 23.60% |
| 2025-09-30 | 22.56% |
| 2025-06-30 | 23.28% |
| 2025-03-31 | 23.62% |
| 2024-12-31 | 23.64% |
| 2024-09-30 | 23.49% |
| 2024-06-30 | 24.85% |
| 2024-03-31 | 26.15% |
| 2023-12-31 | 27.34% |
| 2023-09-30 | 27.37% |
| 2023-06-30 | 26.19% |
| 2023-03-31 | 26.87% |
| 2022-12-31 | 26.94% |
| 2022-09-30 | 26.69% |
| 2022-06-30 | 30.11% |
| 2022-03-31 | 32.13% |
| 2021-12-31 | 31.84% |
| 2021-09-30 | 32.00% |
| 2021-06-30 | 31.19% |
| 2021-03-31 | 32.06% |
| 2020-12-31 | 31.80% |
| 2020-09-30 | 31.42% |
| 2020-06-30 | 30.73% |
| 2020-03-31 | 24.37% |
| 2019-12-31 | 23.38% |
| 2019-09-30 | 23.16% |
| 2019-06-30 | 24.24% |
| 2019-03-31 | 24.12% |
| 2018-12-31 | 23.47% |
| 2018-09-30 | 23.27% |
| 2018-06-30 | 24.75% |
| 2018-03-31 | 22.74% |
| 2017-12-31 | 25.11% |
| 2017-09-30 | 28.22% |
| 2017-06-30 | 29.94% |
| 2017-03-31 | 30.73% |
| 2016-12-31 | 28.49% |
| 2016-09-30 | 29.56% |
| 2016-06-30 | 30.41% |
| 2016-03-31 | 31.64% |
| 2015-12-31 | 33.46% |
| 2015-09-30 | 31.52% |
| 2015-06-30 | 3.46% |
| 2015-03-31 | 3.84% |
| 2014-12-31 | 4.09% |
| 2014-09-30 | 4.28% |
| 2014-06-30 | 4.56% |
| 2014-03-31 | 4.86% |
| 2013-12-31 | 5.02% |
| 2013-09-30 | 6.21% |
| 2013-06-30 | 6.73% |
| 2013-03-31 | 9.00% |
| 2012-12-31 | 11.26% |
| 2012-09-30 | 11.54% |
| 2012-06-30 | 11.95% |
| 2012-03-31 | 11.84% |
| 2011-12-31 | 11.76% |
| 2011-09-30 | 12.09% |
| 2011-06-30 | 13.86% |
| 2011-03-31 | 14.47% |
| 2010-12-31 | 14.87% |
| 2010-09-30 | 14.61% |
| 2010-06-30 | 14.39% |
| 2010-03-31 | 13.33% |
| 2009-12-31 | 12.86% |
| 2009-09-30 | 12.20% |
| 2009-06-30 | 12.54% |
| 2009-03-31 | 12.94% |
| 2008-12-31 | 13.13% |
| 2008-09-30 | 12.33% |
| 2008-06-30 | 12.84% |
| 2008-03-31 | 13.14% |
| 2007-12-31 | 18.11% |
| 2007-09-30 | 19.96% |
| 2007-06-30 | 0.71% |
| 2007-03-31 | 0.70% |
| 2006-12-31 | 1.13% |
| 2006-09-30 | 0.55% |
| 2006-06-30 | 0.53% |
| 2006-03-31 | 0.52% |
| 2005-12-31 | 0.52% |
| 2005-09-30 | 0.52% |
| 2005-06-30 | 0.51% |
| 2005-03-31 | 9.34% |
| 2004-12-31 | 9.28% |
| 2004-09-30 | 9.38% |
| 2004-06-30 | 9.39% |
| 2004-03-31 | 9.06% |
| 2003-12-31 | 9.34% |
| 2003-09-30 | 1.82% |
| 2003-06-30 | 1.96% |
| 2003-03-31 | 2.91% |
| 2002-12-31 | 2.11% |
| 2002-09-30 | 3.86% |
