Corpay, Inc. (CPAY) Debt to Assets Ratio: 0.38%
The debt to assets ratio for Corpay, Inc. (CPAY) is 0.38% as of Sunday, June 21, 2026.
CPAY Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.38%
CPAY Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Corpay, Inc. (CPAY) | $22.57B | 0.38% |
| Verisk Analytics, Inc. (VRSK)vs › | $22.77B | 0.81% |
| F5, Inc. (FFIV)vs › | $21.75B | 0.08% |
| Atlassian Corporation (TEAM)vs › | $21.73B | 0.21% |
| HP Inc. (HPQ)vs › | $21.49B | 0.26% |
| VeriSign, Inc. (VRSN)vs › | $24.08B | 1.36% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $20.71B | 0.08% |
| Fabrinet (FN)vs › | $20.56B | 0.00% |
| Zscaler, Inc. (ZS)vs › | $20.19B | 0.28% |
| Zoom Communications, Inc. (ZM)vs › | $25.32B | 0.00% |
Leverage Ratios Comparison
Debt/Assets
0.4%
Debt/Equity
2.60
Current Ratio
0.98
Interest Coverage
4.8x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Corpay, Inc. Debt to Assets Ratio Formula & Definition
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
Corpay, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Corpay, Inc. (CPAY)?
- The debt to assets ratio for CPAY stock is 0.38%.
About Corpay, Inc.
Corpay, Inc. operates as a global financial technology firm, delivering payment solutions that assist both businesses and individual consumers in efficiently managing a diverse range of expenditures. Its expertise primarily covers vehicle-related costs, corporate financial transactions, and lodging expenses, with operations spanning the United States, Brazil, the United Kingdom, and numerous other international markets. Among its specialized services are comprehensive vehicle payment offerings, which include provisions for fuel, road tolls, parking fees, fleet maintenance, and long-distance transportation. The company also supplies prepaid vouchers and cards for food and transit requirements. For its corporate clientele, Corpay furnishes sophisticated payment instruments such as automated accounts payable systems, virtual payment cards, solutions for international transactions, and dedicated purchasing alongside travel and entertainment card products. Its lodging payment services cater to a broad spectrum of needs, supporting employees on overnight business trips, airline and cruise personnel or stranded passengers, and insurance policyholders displaced from their residences due due to damage or catastrophe. Furthermore, Corpay issues gift cards and payroll cards. Its diverse customer base extends to businesses, merchants, individual consumers, and payment network partners. Established in 1986 and based in Atlanta, Georgia, the company was previously known as FLEETCOR Technologies, Inc., before officially adopting the name Corpay, Inc. in March 2024.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Ronald F. Clarke