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 38.08% is 177% above its 5-year average of 13.72%, near the high end of its 5-year range (11.07%–39.26%).
As of the fiscal period ended Friday, July 31, 2026. 64.34% above its 12-month average of 23.17%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
38.08%
DEBT TO ASSETS RATIO AVG TTM
23.17%
DEBT TO ASSETS RATIO AVG 3Y
12.67%
DEBT TO ASSETS RATIO AVG 5Y
13.72%
DEBT TO ASSETS RATIO AVG 10Y
13.83%
DEBT TO ASSETS RATIO AVG 15Y
14.51%
DEBT TO ASSETS RATIO AVG 20Y
14.77%
CURRENT VS TTM AVG
+64.34%
CURRENT VS 3Y AVG
+200.47%
CURRENT VS 5Y AVG
+177.45%
CURRENT VS 10Y AVG
+175.25%
CURRENT VS 15Y AVG
+162.40%
CURRENT VS 20Y AVG
+157.80%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+20483.64%
vs the sector median at left
Salesforce, Inc.
Market Cap
$204.03B
Debt to Assets Ratio
38.08%
TTM Avg
23.17%
3Y Avg
12.67%
5Y Avg
13.72%
Market Cap
$202.79B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$201.62B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.41B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$213.85B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$218.66B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$182.79B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$176.91B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Salesforce, Inc. (CRM) | $204.03B | 38.08% | 23.17% | 12.67% | 13.72% |
| Seagate Technology Holdings plc (STX)vs › | $202.79B | 0.39% | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $201.62B | 0.42% | N/A | N/A | N/A |
| Marvell Technology, Inc. (MRVL)vs › | $197.41B | 0.19% | N/A | N/A | N/A |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.85B | 0.07% | N/A | N/A | N/A |
| International Business Machines Corporation (IBM)vs › | $218.66B | 0.43% | N/A | N/A | N/A |
| QUALCOMM Incorporated (QCOM)vs › | $182.79B | 0.27% | N/A | N/A | N/A |
| Analog Devices, Inc. (ADI)vs › | $176.91B | 0.19% | N/A | N/A | N/A |
| Shopify Inc. (SHOP)vs › | $174.02B | 0.01% | N/A | N/A | N/A |
| Texas Instruments Incorporated (TXN)vs › | $236.46B | 0.39% | N/A | N/A | N/A |
Debt/Assets
38.1%
Debt/Equity
1.09
Current Ratio
0.84
Interest Coverage
27.5x
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 |
|---|---|
| 2026-07-31 | 38.08% |
| 2026-04-30 | 39.26% |
| 2026-01-31 | 15.29% |
| 2025-10-31 | 11.71% |
| 2025-07-31 | 11.52% |
| 2025-04-30 | 11.53% |
| 2025-01-31 | 11.07% |
| 2024-10-31 | 12.50% |
| 2024-07-31 | 12.36% |
| 2024-04-30 | 13.01% |
| 2024-01-31 | 12.61% |
| 2023-10-31 | 13.97% |
| 2023-07-31 | 13.85% |
| 2023-04-30 | 13.98% |
| 2023-01-31 | 14.25% |
| 2022-10-31 | 15.23% |
| 2022-07-31 | 14.66% |
| 2022-04-30 | 15.03% |
| 2022-01-31 | 14.69% |
| 2021-10-31 | 16.01% |
| 2021-07-31 | 17.50% |
| 2021-04-30 | 9.45% |
| 2021-01-31 | 9.47% |
| 2020-10-31 | 9.88% |
| 2020-07-31 | 10.12% |
| 2020-04-30 | 10.89% |
| 2020-01-31 | 10.64% |
| 2019-10-31 | 12.20% |
| 2019-07-31 | 18.06% |
| 2019-04-30 | 18.79% |
| 2019-01-31 | 11.64% |
| 2018-10-31 | 16.51% |
| 2018-07-31 | 17.03% |
| 2018-04-30 | 17.37% |
| 2018-01-31 | 11.37% |
| 2017-10-31 | 14.80% |
| 2017-07-31 | 14.82% |
| 2017-04-30 | 14.86% |
| 2017-01-31 | 15.88% |
| 2016-10-31 | 17.49% |
| 2016-07-31 | 17.49% |
| 2016-04-30 | 16.11% |
| 2016-01-31 | 16.05% |
| 2015-10-31 | 18.91% |
| 2015-07-31 | 18.73% |
| 2015-04-30 | 19.67% |
| 2015-01-31 | 20.61% |
| 2014-10-31 | 24.98% |
| 2014-07-31 | 26.05% |
| 2014-04-30 | 26.53% |
| 2014-01-31 | 27.41% |
| 2013-10-31 | 30.35% |
| 2013-07-31 | 30.61% |
| 2013-04-30 | 26.01% |
| 2013-01-31 | 11.72% |
| 2012-10-31 | 12.46% |
| 2012-07-31 | 12.54% |
| 2012-04-30 | 13.24% |
| 2012-01-31 | 13.65% |
| 2011-10-31 | 15.46% |
| 2011-07-31 | 15.50% |
| 2011-04-30 | 16.86% |
| 2011-01-31 | 16.11% |
| 2010-10-31 | 18.05% |
| 2010-07-31 | 17.63% |
| 2010-04-30 | 18.79% |
| 2010-01-31 | 18.85% |
| 2009-10-31 | 2.08% |
| 2009-07-31 | 2.02% |
| 2009-04-30 | 1.97% |
| 2009-01-31 | 1.36% |
| 2008-10-31 | 0.00% |
| 2008-07-31 | 0.00% |
| 2008-04-30 | 0.00% |
| 2008-01-31 | 0.00% |
| 2007-10-31 | 0.00% |
| 2007-07-31 | 0.00% |
| 2007-04-30 | 0.00% |
| 2007-01-31 | 0.03% |
| 2006-10-31 | 0.06% |
| 2006-07-31 | 0.10% |
| 2006-04-30 | 0.14% |
| 2006-01-31 | 0.18% |
| 2005-10-31 | 0.57% |
| 2005-07-31 | 0.70% |
| 2005-04-30 | 0.81% |
| 2005-01-31 | 1.03% |
| 2004-10-31 | 1.24% |
| 2004-07-31 | 0.69% |
| 2004-04-30 | 0.02% |
| 2004-01-31 | 0.09% |
