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 20.17% is 17% below its 5-year average of 24.32%, near the low end of its 5-year range (20.17%–29.20%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.90% below its 12-month average of 21.43%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.17%
DEBT TO ASSETS RATIO AVG TTM
21.43%
DEBT TO ASSETS RATIO AVG 3Y
22.45%
DEBT TO ASSETS RATIO AVG 5Y
24.32%
DEBT TO ASSETS RATIO AVG 10Y
23.48%
DEBT TO ASSETS RATIO AVG 15Y
21.34%
DEBT TO ASSETS RATIO AVG 20Y
20.76%
CURRENT VS TTM AVG
-5.90%
CURRENT VS 3Y AVG
-10.18%
CURRENT VS 5Y AVG
-17.08%
CURRENT VS 10Y AVG
-14.12%
CURRENT VS 15Y AVG
-5.51%
CURRENT VS 20Y AVG
-2.83%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+6854.32%
vs the sector median at left
Centene Corp.
Market Cap
$31.64B
Debt to Assets Ratio
20.17%
TTM Avg
21.43%
3Y Avg
22.45%
5Y Avg
24.32%
Market Cap
$27.80B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.00B
Debt to Assets Ratio
0.63%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Centene Corp. (CNC) | $31.64B | 20.17% | 21.43% | 22.45% | 24.32% |
| Zoetis Inc. (ZTS)vs › | $32.24B | 0.61% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $33.57B | 0.33% | N/A | N/A | N/A |
| Biogen Inc. (BIIB)vs › | $29.55B | 0.24% | N/A | N/A | N/A |
| ResMed Inc. (RMD)vs › | $29.46B | 0.10% | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $28.31B | 0.22% | N/A | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $27.80B | 0.27% | N/A | N/A | N/A |
| IQVIA Holdings Inc. (IQV)vs › | $35.59B | 0.54% | N/A | N/A | N/A |
| Mettler-Toledo International Inc. (MTD)vs › | $27.00B | 0.63% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $37.17B | 0.26% | N/A | N/A | N/A |
Debt/Assets
20.2%
Debt/Equity
0.94
Current Ratio
1.68
Interest Coverage
-11.2x
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 |
|---|---|
| 2026-03-31 | 20.17% |
| 2025-12-31 | 24.18% |
| 2025-09-30 | 21.42% |
| 2025-06-30 | 20.34% |
| 2025-03-31 | 21.05% |
| 2024-12-31 | 23.57% |
| 2024-09-30 | 21.38% |
| 2024-06-30 | 21.20% |
| 2024-03-31 | 21.79% |
| 2023-12-31 | 22.30% |
| 2023-09-30 | 22.64% |
| 2023-06-30 | 25.77% |
| 2023-03-31 | 26.08% |
| 2022-12-31 | 27.75% |
| 2022-09-30 | 26.57% |
| 2022-06-30 | 27.42% |
| 2022-03-31 | 27.34% |
| 2021-12-31 | 28.91% |
| 2021-09-30 | 29.20% |
| 2021-06-30 | 25.60% |
| 2021-03-31 | 26.08% |
| 2020-12-31 | 26.65% |
| 2020-09-30 | 26.42% |
| 2020-06-30 | 24.60% |
| 2020-03-31 | 26.01% |
| 2019-12-31 | 35.39% |
| 2019-09-30 | 20.56% |
| 2019-06-30 | 20.76% |
| 2019-03-31 | 20.30% |
| 2018-12-31 | 21.64% |
| 2018-09-30 | 20.49% |
| 2018-06-30 | 21.85% |
| 2018-03-31 | 20.56% |
| 2017-12-31 | 21.50% |
| 2017-09-30 | 21.46% |
| 2017-06-30 | 21.61% |
| 2017-03-31 | 21.75% |
| 2016-12-31 | 23.05% |
| 2016-09-30 | 23.37% |
| 2016-06-30 | 23.05% |
| 2016-03-31 | 22.95% |
| 2015-12-31 | 16.64% |
| 2015-09-30 | 17.50% |
| 2015-06-30 | 16.29% |
| 2015-03-31 | 16.85% |
| 2014-12-31 | 15.06% |
| 2014-09-30 | 17.53% |
| 2014-06-30 | 19.03% |
| 2014-03-31 | 18.38% |
| 2013-12-31 | 18.96% |
| 2013-09-30 | 16.60% |
| 2013-06-30 | 18.11% |
| 2013-03-31 | 18.57% |
| 2012-12-31 | 19.65% |
| 2012-09-30 | 14.69% |
| 2012-06-30 | 16.69% |
| 2012-03-31 | 15.35% |
| 2011-12-31 | 16.05% |
| 2011-09-30 | 17.24% |
| 2011-06-30 | 16.89% |
| 2011-03-31 | 15.24% |
| 2010-12-31 | 17.01% |
| 2010-09-30 | 14.72% |
| 2010-06-30 | 40.85% |
| 2010-03-31 | 39.15% |
| 2009-12-31 | 18.08% |
| 2009-09-30 | 16.96% |
| 2009-06-30 | 43.09% |
| 2009-03-31 | 42.69% |
| 2008-12-31 | 18.25% |
| 2008-09-30 | 18.41% |
| 2008-06-30 | 18.28% |
| 2008-03-31 | 18.98% |
| 2007-12-31 | 18.53% |
| 2007-09-30 | 18.61% |
| 2007-06-30 | 19.16% |
| 2007-03-31 | 20.73% |
| 2006-12-31 | 19.62% |
| 2006-09-30 | 20.82% |
| 2006-06-30 | 20.66% |
| 2006-03-31 | 17.98% |
| 2005-12-31 | 13.84% |
| 2005-09-30 | 13.78% |
| 2005-06-30 | 9.26% |
| 2005-03-31 | 7.73% |
| 2004-12-31 | 8.99% |
| 2004-09-30 | 1.83% |
| 2004-06-30 | 1.99% |
| 2004-03-31 | 2.08% |
| 2003-12-31 | 2.26% |
| 2003-09-30 | 2.61% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
| 2002-06-30 | 0.00% |
