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 1.55% is 28% above its 5-year average of 1.21%, around the middle of its 5-year range (0.91%–2.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.67% above its 12-month average of 1.32%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.55%
DEBT TO ASSETS RATIO AVG TTM
1.32%
DEBT TO ASSETS RATIO AVG 3Y
1.14%
DEBT TO ASSETS RATIO AVG 5Y
1.21%
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
+17.67%
CURRENT VS 3Y AVG
+36.69%
CURRENT VS 5Y AVG
+28.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+454.96%
vs the sector median at left
Market Cap
$26.10B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.66B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.64B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.96B
Debt to Assets Ratio
0.58%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.30B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioNTech SE (BNTX) | $25.04B | 1.55% | 1.32% | 1.14% | 1.21% |
| Incyte Corporation (INCY)vs › | $25.39B | 0.00% | N/A | N/A | N/A |
| Quest Diagnostics Incorporated (DGX)vs › | $26.10B | 0.38% | N/A | N/A | N/A |
| West Pharmaceutical Services, Inc. (WST)vs › | $23.66B | 0.08% | N/A | N/A | N/A |
| Labcorp Holdings Inc. (LH)vs › | $26.64B | 0.37% | N/A | N/A | N/A |
| Mettler-Toledo International Inc. (MTD)vs › | $26.96B | 0.58% | N/A | N/A | N/A |
| STERIS plc (STE)vs › | $21.46B | 0.19% | N/A | N/A | N/A |
| United Therapeutics Corporation (UTHR)vs › | $21.30B | 0.00% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $29.89B | 0.32% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.22B | 0.21% | N/A | N/A | N/A |
Debt/Assets
1.6%
Debt/Equity
0.02
Current Ratio
7.85
Interest Coverage
-45.7x
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 |
|---|---|
| 2026-06-30 | 1.55% |
| 2026-03-31 | 1.44% |
| 2025-12-31 | 1.22% |
| 2025-09-30 | 1.15% |
| 2025-06-30 | 1.25% |
| 2025-03-31 | 1.38% |
| 2024-12-31 | 1.13% |
| 2024-09-30 | 1.09% |
| 2024-06-30 | 1.14% |
| 2024-03-31 | 1.06% |
| 2023-12-31 | 0.95% |
| 2023-09-30 | 0.91% |
| 2023-06-30 | 0.93% |
| 2023-03-31 | 0.95% |
| 2022-12-31 | 0.91% |
| 2022-09-30 | 1.21% |
| 2022-06-30 | 1.13% |
| 2022-03-31 | 0.92% |
| 2021-12-31 | 1.90% |
| 2021-09-30 | 2.01% |
| 2021-06-30 | 2.81% |
| 2021-03-31 | 6.06% |
| 2020-12-31 | 10.36% |
| 2020-09-30 | 11.28% |
| 2020-06-30 | 7.91% |
| 2020-03-31 | 9.74% |
| 2019-12-31 | 9.30% |
| 2019-09-30 | 9.18% |
| 2019-06-30 | 8.49% |
| 2018-12-31 | 8.30% |
