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 0.69% is 73% below its 5-year average of 2.51%, near the low end of its 5-year range (0.69%–4.58%).
As of the fiscal period ended Saturday, August 1, 2026. 36.90% below its 12-month average of 1.09%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-08-01): 0.69%.
DEBT TO ASSETS RATIO
0.69%
DEBT TO ASSETS RATIO AVG TTM
1.09%
DEBT TO ASSETS RATIO AVG 3Y
1.92%
DEBT TO ASSETS RATIO AVG 5Y
2.51%
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
-36.90%
CURRENT VS 3Y AVG
-64.10%
CURRENT VS 5Y AVG
-72.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+282.40%
vs the sector median at left
Credo Technology Group Holding Ltd
Market Cap
$39.34B
Debt to Assets Ratio
0.69%
TTM Avg
1.09%
3Y Avg
1.92%
5Y Avg
2.51%
Market Cap
$37.67B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$36.18B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.73B
Debt to Assets Ratio
0.37%
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) | $39.34B | 0.69% | 1.09% | 1.92% | 2.51% |
| NetApp, Inc. (NTAP)vs › | $39.47B | 0.23% | N/A | N/A | N/A |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $37.67B | 0.32% | N/A | N/A | N/A |
| Twilio Inc. (TWLO)vs › | $41.86B | 0.10% | N/A | N/A | N/A |
| Everpure, Inc. (P)vs › | $41.89B | 0.04% | N/A | N/A | N/A |
| Celestica Inc. (CLS)vs › | $42.02B | 0.08% | N/A | N/A | N/A |
| Roper Technologies, Inc. (ROP)vs › | $36.18B | 0.32% | N/A | N/A | N/A |
| Microchip Technology Incorporated (MCHP)vs › | $42.73B | 0.37% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $44.21B | 0.29% | N/A | N/A | N/A |
| Ubiquiti Inc. (UI)vs › | $33.93B | 0.04% | N/A | N/A | N/A |
Debt/Assets
0.7%
Debt/Equity
0.01
Current Ratio
7.40
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 |
|---|---|
| 2026-08-01 | 0.69% |
| 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% |