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 19.40% is 19% below its 5-year average of 24.00%, near the low end of its 5-year range (19.40%–29.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.06% below its 12-month average of 21.10%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 19.40%.
DEBT TO ASSETS RATIO
19.40%
DEBT TO ASSETS RATIO AVG TTM
21.10%
DEBT TO ASSETS RATIO AVG 3Y
21.62%
DEBT TO ASSETS RATIO AVG 5Y
24.00%
DEBT TO ASSETS RATIO AVG 10Y
23.39%
DEBT TO ASSETS RATIO AVG 15Y
21.41%
DEBT TO ASSETS RATIO AVG 20Y
20.77%
CURRENT VS TTM AVG
-8.06%
CURRENT VS 3Y AVG
-10.26%
CURRENT VS 5Y AVG
-19.18%
CURRENT VS 10Y AVG
-17.07%
CURRENT VS 15Y AVG
-9.40%
CURRENT VS 20Y AVG
-6.61%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+6707.30%
vs the sector median at left
Centene Corp.
Market Cap
$32.80B
Debt to Assets Ratio
19.40%
TTM Avg
21.10%
3Y Avg
21.62%
5Y Avg
24.00%
Market Cap
$33.28B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.88B
Debt to Assets Ratio
0.27%
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) | $32.80B | 19.40% | 21.10% | 21.62% | 24.00% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $33.28B | 0.23% | N/A | N/A | N/A |
| Alcon Inc. (ALC)vs › | $32.20B | 0.17% | N/A | N/A | N/A |
| Biogen Inc. (BIIB)vs › | $32.08B | 0.26% | N/A | N/A | N/A |
| ResMed Inc. (RMD)vs › | $31.66B | 0.09% | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $31.33B | 0.22% | N/A | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $30.60B | 0.61% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.54B | 0.21% | N/A | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $28.88B | 0.27% | N/A | N/A | N/A |
| Medline Inc. (MDLN)vs › | $27.51B | 0.32% | N/A | N/A | N/A |
Debt/Assets
19.4%
Debt/Equity
0.71
Current Ratio
1.15
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 |
|---|---|
| 2026-06-30 | 19.40% |
| 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% |
