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 20.55% is 18% above its 5-year average of 17.47%, around the middle of its 5-year range (7.91%–30.82%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.03% below its 12-month average of 24.47%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.55%
DEBT TO ASSETS RATIO AVG TTM
24.47%
DEBT TO ASSETS RATIO AVG 3Y
21.34%
DEBT TO ASSETS RATIO AVG 5Y
17.47%
DEBT TO ASSETS RATIO AVG 10Y
19.59%
DEBT TO ASSETS RATIO AVG 15Y
19.95%
DEBT TO ASSETS RATIO AVG 20Y
21.04%
CURRENT VS TTM AVG
-16.03%
CURRENT VS 3Y AVG
-3.73%
CURRENT VS 5Y AVG
+17.62%
CURRENT VS 10Y AVG
+4.90%
CURRENT VS 15Y AVG
+2.97%
CURRENT VS 20Y AVG
-2.32%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+11006.74%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.71B
Debt to Assets Ratio
20.55%
TTM Avg
24.47%
3Y Avg
21.34%
5Y Avg
17.47%
Market Cap
$77.61B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.65B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.15B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.70B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.16B
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 |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.71B | 20.55% | 24.47% | 21.34% | 17.47% |
| Lumentum Holdings Inc. (LITE)vs › | $77.61B | 0.23% | N/A | N/A | N/A |
| Motorola Solutions, Inc. (MSI)vs › | $76.65B | 0.50% | N/A | N/A | N/A |
| Synopsys, Inc. (SNPS)vs › | $75.76B | 0.23% | N/A | N/A | N/A |
| Datadog, Inc. (DDOG)vs › | $74.19B | 0.17% | N/A | N/A | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.15B | 0.24% | N/A | N/A | N/A |
| Intuit Inc. (INTU)vs › | $86.26B | 0.23% | N/A | N/A | N/A |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.70B | 0.28% | N/A | N/A | N/A |
| Monolithic Power Systems, Inc. (MPWR)vs › | $60.16B | 0.00% | N/A | N/A | N/A |
| Coherent, Inc. (COHR)vs › | $59.99B | 0.19% | N/A | N/A | N/A |
Debt/Assets
20.5%
Debt/Equity
0.36
Current Ratio
1.74
Interest Coverage
14.2x
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 | 20.55% |
| 2026-03-31 | 25.49% |
| 2025-12-31 | 24.43% |
| 2025-09-30 | 25.83% |
| 2025-06-30 | 26.06% |
| 2025-03-31 | 27.48% |
| 2024-12-31 | 28.80% |
| 2024-09-30 | 30.82% |
| 2024-06-30 | 18.66% |
| 2024-03-31 | 11.35% |
| 2023-12-31 | 13.48% |
| 2023-09-30 | 11.95% |
| 2023-06-30 | 12.58% |
| 2023-03-31 | 13.12% |
| 2022-12-31 | 17.27% |
| 2022-10-01 | 16.06% |
| 2022-07-02 | 7.98% |
| 2022-04-02 | 7.91% |
| 2021-12-31 | 10.37% |
| 2021-10-02 | 8.24% |
| 2021-07-03 | 8.42% |
| 2021-04-03 | 8.68% |
| 2020-12-31 | 11.66% |
| 2020-09-26 | 16.83% |
| 2020-06-27 | 17.41% |
| 2020-03-28 | 18.48% |
| 2019-12-31 | 12.83% |
| 2019-09-28 | 16.39% |
| 2019-06-29 | 16.81% |
| 2019-03-30 | 18.73% |
| 2018-12-31 | 18.04% |
| 2018-09-29 | 15.18% |
| 2018-06-30 | 25.51% |
| 2018-03-31 | 27.73% |
| 2017-12-31 | 30.16% |
| 2017-09-30 | 27.94% |
| 2017-07-01 | 28.40% |
| 2017-04-01 | 31.66% |
| 2016-12-31 | 33.07% |
| 2016-10-01 | 31.60% |
| 2016-07-02 | 29.15% |
| 2016-04-02 | 27.29% |
| 2015-12-31 | 14.84% |
| 2015-10-03 | 14.96% |
| 2015-07-04 | 14.65% |
| 2015-04-04 | 20.97% |
| 2014-12-31 | 21.53% |
| 2014-09-27 | 12.48% |
| 2014-06-28 | 15.55% |
| 2014-03-29 | 13.04% |
| 2013-12-31 | 13.38% |
| 2013-09-28 | 20.09% |
| 2013-06-29 | 21.78% |
| 2013-03-30 | 19.48% |
| 2012-12-31 | 19.55% |
| 2012-09-29 | 22.21% |
| 2012-06-30 | 23.85% |
| 2012-03-31 | 24.02% |
| 2011-12-31 | 24.19% |
| 2011-10-01 | 40.26% |
| 2011-07-02 | 30.02% |
| 2011-04-02 | 30.63% |
| 2010-12-31 | 31.73% |
| 2010-10-02 | 32.13% |
| 2010-07-03 | 31.95% |
| 2010-04-03 | 31.17% |
| 2009-12-31 | 30.91% |
| 2009-10-03 | 30.48% |
| 2009-07-04 | 29.34% |
| 2009-04-04 | 27.81% |
| 2008-12-31 | 24.81% |
| 2008-09-27 | 15.40% |
| 2008-06-28 | 20.14% |
| 2008-03-29 | 20.08% |
| 2007-12-31 | 18.87% |
| 2007-09-29 | 19.53% |
| 2007-06-30 | 19.40% |
| 2007-03-31 | 20.46% |
| 2006-12-31 | 22.03% |
| 2006-09-30 | 14.67% |
| 2006-07-01 | 15.10% |
| 2006-04-01 | 16.17% |
| 2005-12-31 | 18.58% |
| 2005-10-01 | 13.49% |
| 2005-07-02 | 13.71% |
| 2005-04-02 | 14.10% |
| 2004-12-31 | 14.05% |
| 2004-10-02 | 14.89% |
| 2004-07-03 | 15.54% |
| 2004-04-03 | 14.76% |
| 2003-12-31 | 14.92% |
| 2003-09-27 | 15.76% |
| 2003-06-28 | 1.48% |
| 2003-03-29 | 0.51% |
| 2002-12-31 | 2.23% |
| 2002-09-28 | 4.42% |