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 26.17% is in line with its 5-year average of 25.92%, near the high end of its 5-year range (16.09%–29.58%).
As of the fiscal period ended Saturday, May 2, 2026. 3.64% below its 12-month average of 27.16%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
26.17%
DEBT TO ASSETS RATIO AVG TTM
27.16%
DEBT TO ASSETS RATIO AVG 3Y
28.06%
DEBT TO ASSETS RATIO AVG 5Y
25.92%
DEBT TO ASSETS RATIO AVG 10Y
24.54%
DEBT TO ASSETS RATIO AVG 15Y
39.90%
DEBT TO ASSETS RATIO AVG 20Y
43.14%
CURRENT VS TTM AVG
-3.64%
CURRENT VS 3Y AVG
-6.72%
CURRENT VS 5Y AVG
+0.97%
CURRENT VS 10Y AVG
+6.65%
CURRENT VS 15Y AVG
-34.42%
CURRENT VS 20Y AVG
-39.33%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 166 covered companies
CURRENT VS SECTOR MEDIAN
+14439.41%
vs the sector median at left
Ciena Corporation
Market Cap
$58.38B
Debt to Assets Ratio
26.17%
TTM Avg
27.16%
3Y Avg
28.06%
5Y Avg
25.92%
Market Cap
$58.27B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.28B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.45B
Debt to Assets Ratio
0.41%
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) | $58.38B | 26.17% | 27.16% | 28.06% | 25.92% |
| Keysight Technologies, Inc. (KEYS)vs › | $58.27B | 0.24% | N/A | N/A | N/A |
| Teradyne, Inc. (TER)vs › | $59.30B | 0.02% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $57.28B | N/A | N/A | N/A | N/A |
| Garmin Ltd. (GRMN)vs › | $59.96B | 0.02% | N/A | N/A | N/A |
| NXP Semiconductors N.V. (NXPI)vs › | $60.45B | 0.41% | N/A | N/A | N/A |
| TE Connectivity plc (TEL)vs › | $62.72B | 0.22% | N/A | N/A | N/A |
| Electronic Arts Inc. (EA)vs › | $52.92B | 0.12% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $52.59B | 0.23% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $50.07B | 0.15% | N/A | N/A | N/A |
Debt/Assets
26.2%
Debt/Equity
0.55
Current Ratio
2.73
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 |
|---|---|
| 2026-05-02 | 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% |
| 2002-07-31 | 25.27% |
