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 11.74% is in line with its 5-year average of 12.41%, near the high end of its 5-year range (1.18%–14.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.24% below its 12-month average of 13.69%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
11.74%
DEBT TO ASSETS RATIO AVG TTM
13.69%
DEBT TO ASSETS RATIO AVG 3Y
13.14%
DEBT TO ASSETS RATIO AVG 5Y
12.41%
DEBT TO ASSETS RATIO AVG 10Y
9.92%
DEBT TO ASSETS RATIO AVG 15Y
11.07%
DEBT TO ASSETS RATIO AVG 20Y
15.60%
CURRENT VS TTM AVG
-14.24%
CURRENT VS 3Y AVG
-10.67%
CURRENT VS 5Y AVG
-5.41%
CURRENT VS 10Y AVG
+18.34%
CURRENT VS 15Y AVG
+6.07%
CURRENT VS 20Y AVG
-24.73%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+4093.26%
vs the sector median at left
Bio-Rad Laboratories, Inc.
Market Cap
$10.26B
Debt to Assets Ratio
11.74%
TTM Avg
13.69%
3Y Avg
13.14%
5Y Avg
12.41%
Market Cap
$10.29B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.22B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.02B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.52B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.11B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Rad Laboratories, Inc. (BIO) | $10.26B | 11.74% | 13.69% | 13.14% | 12.41% |
| Molina Healthcare, Inc. (MOH)vs › | $10.29B | 0.25% | N/A | N/A | N/A |
| Globus Medical, Inc. (GMED)vs › | $10.22B | 0.02% | N/A | N/A | N/A |
| Henry Schein, Inc. (HSIC)vs › | $10.16B | 0.34% | N/A | N/A | N/A |
| The Ensign Group, Inc. (ENSG)vs › | $10.02B | 0.39% | N/A | N/A | N/A |
| Universal Health Services, Inc. (UHS)vs › | $10.52B | 0.33% | N/A | N/A | N/A |
| Insulet Corp. (PODD)vs › | $9.86B | 0.30% | N/A | N/A | N/A |
| Align Technology, Inc. (ALGN)vs › | $11.11B | 0.02% | N/A | N/A | N/A |
| Tempus AI, Inc. (TEM)vs › | $11.21B | 0.61% | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.32B | 0.11% | N/A | N/A | N/A |
Debt/Assets
11.7%
Debt/Equity
0.17
Current Ratio
3.14
Interest Coverage
5.5x
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 |
|---|---|
| 2026-06-30 | 11.74% |
| 2026-03-31 | 14.08% |
| 2025-12-31 | 14.48% |
| 2025-09-30 | 14.39% |
| 2025-06-30 | 13.77% |
| 2025-03-31 | 14.38% |
| 2024-12-31 | 14.68% |
| 2024-09-30 | 13.09% |
| 2024-06-30 | 14.37% |
| 2024-03-31 | 11.10% |
| 2023-12-31 | 11.43% |
| 2023-09-30 | 11.81% |
| 2023-06-30 | 11.54% |
| 2023-03-31 | 10.11% |
| 2022-12-31 | 10.28% |
| 2022-09-30 | 11.44% |
| 2022-06-30 | 10.97% |
| 2022-03-31 | 9.77% |
| 2021-12-31 | 1.25% |
| 2021-09-30 | 1.18% |
| 2021-06-30 | 1.47% |
| 2021-03-31 | 1.66% |
| 2020-12-31 | 1.74% |
| 2020-09-30 | 5.37% |
| 2020-06-30 | 6.40% |
| 2020-03-31 | 7.47% |
| 2019-12-31 | 8.13% |
| 2019-09-30 | 9.28% |
| 2019-06-30 | 8.65% |
| 2019-03-31 | 9.71% |
| 2018-12-31 | 7.83% |
| 2018-09-30 | 6.56% |
| 2018-06-30 | 6.90% |
| 2018-03-31 | 7.00% |
| 2017-12-31 | 10.18% |
| 2017-09-30 | 10.39% |
| 2017-06-30 | 10.50% |
| 2017-03-31 | 11.00% |
| 2016-12-31 | 11.28% |
| 2016-09-30 | 10.81% |
| 2016-06-30 | 11.21% |
| 2016-03-31 | 11.57% |
| 2015-12-31 | 11.70% |
| 2015-09-30 | 11.89% |
| 2015-06-30 | 12.37% |
| 2015-03-31 | 13.11% |
| 2014-12-31 | 13.05% |
| 2014-09-30 | 12.91% |
| 2014-06-30 | 12.61% |
| 2014-03-31 | 12.71% |
| 2013-12-31 | 12.91% |
| 2013-09-30 | 13.33% |
| 2013-06-30 | 21.09% |
| 2013-03-31 | 21.24% |
| 2012-12-31 | 21.32% |
| 2012-09-30 | 22.18% |
| 2012-06-30 | 23.13% |
| 2012-03-31 | 22.98% |
| 2011-12-31 | 23.65% |
| 2011-09-30 | 24.66% |
| 2011-06-30 | 24.07% |
| 2011-03-31 | 25.49% |
| 2010-12-31 | 31.48% |
| 2010-09-30 | 27.69% |
| 2010-06-30 | 29.44% |
| 2010-03-31 | 29.20% |
| 2009-12-31 | 29.30% |
| 2009-09-30 | 30.02% |
| 2009-06-30 | 31.75% |
| 2009-03-31 | 23.04% |
| 2008-12-31 | 22.36% |
| 2008-09-30 | 22.74% |
| 2008-06-30 | 21.70% |
| 2008-03-31 | 22.31% |
| 2007-12-31 | 23.20% |
| 2007-09-30 | 25.17% |
| 2007-06-30 | 26.03% |
| 2007-03-31 | 26.76% |
| 2006-12-31 | 26.86% |
| 2006-09-30 | 28.19% |
| 2006-06-30 | 28.80% |
| 2006-03-31 | 30.38% |
| 2005-12-31 | 30.07% |
| 2005-09-30 | 30.49% |
| 2005-06-30 | 31.41% |
| 2005-03-31 | 31.13% |
| 2004-12-31 | 31.75% |
| 2004-09-30 | 21.46% |
| 2004-06-30 | 23.08% |
| 2004-03-31 | 23.53% |
| 2003-12-31 | 23.80% |
| 2003-09-30 | 25.37% |
| 2003-06-30 | 14.49% |
| 2003-03-31 | 14.88% |
| 2002-12-31 | 15.71% |
| 2002-09-30 | 20.79% |