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 1.11% is 58% below its 5-year average of 2.61%, near the low end of its 5-year range (0.80%–133.26%).
As of the fiscal period ended Saturday, May 2, 2026. 6.95% below its 12-month average of 1.19%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.11%
DEBT TO ASSETS RATIO AVG TTM
1.19%
DEBT TO ASSETS RATIO AVG 3Y
2.17%
DEBT TO ASSETS RATIO AVG 5Y
2.61%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.95%
CURRENT VS 3Y AVG
-48.97%
CURRENT VS 5Y AVG
-57.52%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 162 covered companies
CURRENT VS SECTOR MEDIAN
+483.45%
vs the sector median at left
Credo Technology Group Holding Ltd
Market Cap
$49.60B
Debt to Assets Ratio
1.11%
TTM Avg
1.19%
3Y Avg
2.17%
5Y Avg
2.61%
Market Cap
$48.34B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.13B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.23B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.33B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd (CRDO) | $49.60B | 1.11% | 1.19% | 2.17% | 2.61% |
| Block, Inc. (XYZ)vs › | $49.45B | 0.17% | N/A | N/A | N/A |
| United Microelectronics Corporation (UMC)vs › | $48.34B | 0.08% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $48.13B | 0.15% | N/A | N/A | N/A |
| Electronic Arts Inc. (EA)vs › | $52.92B | 0.12% | N/A | N/A | N/A |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $45.23B | 0.12% | N/A | N/A | N/A |
| Workday, Inc. (WDAY)vs › | $54.08B | 0.24% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $54.47B | 0.23% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $55.33B | N/A | N/A | N/A | N/A |
| Atlassian Corporation (TEAM)vs › | $43.60B | 0.20% | N/A | N/A | N/A |
Debt/Assets
1.1%
Debt/Equity
0.01
Current Ratio
10.15
Interest Coverage
N/A
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 | 1.11% |
| 2026-01-31 | 0.80% |
| 2025-11-01 | 1.13% |
| 2025-08-02 | 1.72% |
| 2025-04-30 | 1.98% |
| 2025-02-01 | 2.24% |
| 2024-11-02 | 2.50% |
| 2024-08-03 | 2.58% |
| 2024-04-30 | 2.30% |
| 2024-01-27 | 2.43% |
| 2023-10-28 | 3.51% |
| 2023-07-29 | 3.75% |
| 2023-04-30 | 3.90% |
| 2023-01-28 | 3.88% |
| 2022-10-29 | 4.01% |
| 2022-07-30 | 4.12% |
| 2022-04-30 | 4.58% |
| 2022-01-31 | 1.00% |
| 2021-10-31 | 2.02% |
| 2021-07-31 | 133.26% |
| 2021-04-30 | 0.00% |
