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 2.97% is 89% below its 5-year average of 26.44%, near the low end of its 5-year range (2.97%–29.58%).
As of the fiscal period ended Saturday, August 1, 2026. 86.60% below its 12-month average of 22.14%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-08-01): 2.97%.
DEBT TO ASSETS RATIO
2.97%
DEBT TO ASSETS RATIO AVG TTM
22.14%
DEBT TO ASSETS RATIO AVG 3Y
28.05%
DEBT TO ASSETS RATIO AVG 5Y
26.44%
DEBT TO ASSETS RATIO AVG 10Y
24.54%
DEBT TO ASSETS RATIO AVG 15Y
38.71%
DEBT TO ASSETS RATIO AVG 20Y
42.57%
CURRENT VS TTM AVG
-86.60%
CURRENT VS 3Y AVG
-89.43%
CURRENT VS 5Y AVG
-88.78%
CURRENT VS 10Y AVG
-87.92%
CURRENT VS 15Y AVG
-92.34%
CURRENT VS 20Y AVG
-93.03%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+1547.51%
vs the sector median at left
Ciena Corporation
Market Cap
$52.17B
Debt to Assets Ratio
2.97%
TTM Avg
22.14%
3Y Avg
28.05%
5Y Avg
26.44%
Market Cap
$49.55B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.67B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.33B
Debt to Assets Ratio
0.67%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $52.17B | 2.97% | 22.14% | 28.05% | 26.44% |
| Atlassian Corporation (TEAM)vs › | $49.55B | 0.20% | N/A | N/A | N/A |
| Garmin Ltd. (GRMN)vs › | $54.90B | 0.02% | N/A | N/A | N/A |
| Workday, Inc. (WDAY)vs › | $49.31B | 0.24% | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $55.35B | 0.13% | N/A | N/A | N/A |
| Nebius Group N.V. (NBIS)vs › | $56.67B | 0.36% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $47.67B | 0.15% | N/A | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $47.33B | 0.67% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $46.37B | 0.29% | N/A | N/A | N/A |
| Block, Inc. (XYZ)vs › | $46.14B | 0.17% | N/A | N/A | N/A |
Debt/Assets
3.0%
Debt/Equity
0.08
Current Ratio
3.80
Interest Coverage
3.4x
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 |
|---|---|
| 2026-08-01 | 2.97% |
| 2026-05-02 | 26.17% |
| 2026-01-31 | 26.96% |
| 2025-11-01 | 26.98% |
| 2025-08-02 | 27.61% |
| 2025-05-03 | 28.07% |
| 2025-02-01 | 28.32% |
| 2024-11-02 | 28.93% |
| 2024-07-27 | 28.64% |
| 2024-04-27 | 28.52% |
| 2024-01-27 | 28.75% |
| 2023-10-31 | 29.58% |
| 2023-07-29 | 28.14% |
| 2023-04-29 | 28.04% |
| 2023-01-28 | 28.70% |
| 2022-10-31 | 23.40% |
| 2022-07-30 | 23.17% |
| 2022-04-30 | 22.74% |
| 2022-01-29 | 23.07% |
| 2021-10-31 | 16.52% |
| 2021-07-31 | 16.09% |
| 2021-05-01 | 17.17% |
| 2021-01-30 | 18.12% |
| 2020-10-31 | 19.81% |
| 2020-08-01 | 18.65% |
| 2020-05-02 | 19.59% |
| 2020-01-31 | 19.83% |
| 2019-10-31 | 19.40% |
| 2019-07-31 | 18.25% |
| 2019-04-30 | 18.73% |
| 2019-01-31 | 19.12% |
| 2018-10-31 | 18.46% |
| 2018-07-31 | 25.95% |
| 2018-04-30 | 26.77% |
| 2018-01-31 | 27.02% |
| 2017-10-31 | 23.69% |
| 2017-07-31 | 37.11% |
| 2017-04-30 | 41.89% |
| 2017-01-31 | 43.23% |
| 2016-10-31 | 44.42% |
| 2016-07-31 | 49.58% |
| 2016-04-30 | 50.66% |
| 2016-01-31 | 48.69% |
| 2015-10-31 | 47.28% |
| 2015-08-01 | 60.06% |
| 2015-05-02 | 61.13% |
| 2015-01-31 | 71.27% |
| 2014-10-31 | 70.68% |
| 2014-07-31 | 69.71% |
| 2014-04-30 | 67.63% |
| 2014-01-31 | 67.37% |
| 2013-10-31 | 67.23% |
| 2013-07-31 | 70.10% |
| 2013-04-30 | 71.45% |
| 2013-01-31 | 75.59% |
| 2012-10-31 | 76.66% |
| 2012-07-31 | 75.30% |
| 2012-04-30 | 74.78% |
| 2012-01-31 | 75.19% |
| 2011-10-31 | 73.91% |
| 2011-07-31 | 74.41% |
| 2011-04-30 | 72.91% |
| 2011-01-31 | 71.27% |
| 2010-10-31 | 68.89% |
| 2010-07-31 | 65.01% |
| 2010-04-30 | 62.61% |
| 2010-01-31 | 55.03% |
| 2009-10-31 | 53.61% |
| 2009-07-31 | 53.41% |
| 2009-04-30 | 53.38% |
| 2009-01-31 | 39.89% |
| 2008-10-31 | 39.42% |
| 2008-07-31 | 39.19% |
| 2008-04-30 | 38.91% |
| 2008-01-31 | 41.81% |
| 2007-10-31 | 55.55% |
| 2007-07-31 | 57.06% |
| 2007-04-30 | 45.68% |
| 2007-01-31 | 46.98% |
| 2006-10-31 | 47.56% |
| 2006-07-31 | 48.45% |
| 2006-04-30 | 46.27% |
| 2006-01-31 | 35.17% |
| 2005-10-31 | 38.73% |
| 2005-07-31 | 33.73% |
| 2005-04-30 | 34.15% |
| 2005-01-31 | 33.40% |
| 2004-10-31 | 32.29% |
| 2004-07-31 | 28.57% |
| 2004-04-30 | 34.27% |
| 2004-01-31 | 33.07% |
| 2003-10-31 | 33.29% |
| 2003-07-31 | 29.55% |
| 2003-04-30 | 30.11% |
| 2003-01-31 | 28.61% |
| 2002-10-31 | 30.88% |