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 30.07% is in line with its 5-year average of 32.19%, near the low end of its 5-year range (30.07%–35.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.58% below its 12-month average of 32.19%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
30.07%
DEBT TO ASSETS RATIO AVG TTM
32.19%
DEBT TO ASSETS RATIO AVG 3Y
32.25%
DEBT TO ASSETS RATIO AVG 5Y
32.19%
DEBT TO ASSETS RATIO AVG 10Y
33.57%
DEBT TO ASSETS RATIO AVG 15Y
29.28%
DEBT TO ASSETS RATIO AVG 20Y
26.82%
CURRENT VS TTM AVG
-6.58%
CURRENT VS 3Y AVG
-6.76%
CURRENT VS 5Y AVG
-6.58%
CURRENT VS 10Y AVG
-10.43%
CURRENT VS 15Y AVG
+2.68%
CURRENT VS 20Y AVG
+12.12%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+10450.60%
vs the sector median at left
CVS Health Corp.
Market Cap
$121.70B
Debt to Assets Ratio
30.07%
TTM Avg
32.19%
3Y Avg
32.25%
5Y Avg
32.19%
Market Cap
$124.79B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$131.57B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$132.26B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.40B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVS Health Corp. (CVS) | $121.70B | 30.07% | 32.19% | 32.25% | 32.19% |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.79B | 0.00% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $117.62B | 0.30% | N/A | N/A | N/A |
| Bristol-Myers Squibb Company (BMY)vs › | $131.57B | 0.49% | N/A | N/A | N/A |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $132.26B | 0.07% | N/A | N/A | N/A |
| Stryker Corporation (SYK)vs › | $105.57B | 0.31% | N/A | N/A | N/A |
| McKesson Corporation (MCK)vs › | $104.40B | 0.13% | N/A | N/A | N/A |
| Sanofi (SNY)vs › | $102.89B | 0.18% | N/A | N/A | N/A |
| Danaher Corporation (DHR)vs › | $144.11B | 0.29% | N/A | N/A | N/A |
| GSK plc (GSK)vs › | $97.43B | 0.30% | N/A | N/A | N/A |
Debt/Assets
30.1%
Debt/Equity
0.96
Current Ratio
0.87
Interest Coverage
3.3x
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 | 30.07% |
| 2026-03-31 | 30.97% |
| 2025-12-31 | 35.85% |
| 2025-09-30 | 32.02% |
| 2025-06-30 | 32.02% |
| 2025-03-31 | 31.78% |
| 2024-12-31 | 32.75% |
| 2024-09-30 | 32.76% |
| 2024-06-30 | 33.20% |
| 2024-03-31 | 32.75% |
| 2023-12-31 | 31.79% |
| 2023-09-30 | 31.87% |
| 2023-06-30 | 32.85% |
| 2023-03-31 | 31.96% |
| 2022-12-31 | 30.99% |
| 2022-09-30 | 30.74% |
| 2022-06-30 | 32.21% |
| 2022-03-31 | 32.60% |
| 2021-12-31 | 32.62% |
| 2021-09-30 | 33.49% |
| 2021-06-30 | 34.46% |
| 2021-03-31 | 35.85% |
| 2020-12-31 | 36.86% |
| 2020-09-30 | 37.47% |
| 2020-06-30 | 39.09% |
| 2020-03-31 | 40.03% |
| 2019-12-31 | 40.01% |
| 2019-09-30 | 40.74% |
| 2019-06-30 | 41.99% |
| 2019-03-31 | 43.48% |
| 2018-12-31 | 37.38% |
| 2018-09-30 | 47.82% |
| 2018-06-30 | 48.85% |
| 2018-03-31 | 48.17% |
| 2017-12-31 | 28.38% |
| 2017-09-30 | 27.77% |
| 2017-06-30 | 28.93% |
| 2017-03-31 | 29.60% |
| 2016-12-31 | 29.15% |
| 2016-09-30 | 28.39% |
| 2016-06-30 | 30.88% |
| 2016-03-31 | 29.65% |
| 2015-12-31 | 29.71% |
| 2015-09-30 | 29.47% |
| 2015-06-30 | 17.60% |
| 2015-03-31 | 17.26% |
| 2014-12-31 | 17.38% |
| 2014-09-30 | 17.74% |
| 2014-06-30 | 18.42% |
| 2014-03-31 | 18.41% |
| 2013-12-31 | 18.74% |
| 2013-09-30 | 15.05% |
| 2013-06-30 | 14.15% |
| 2013-03-31 | 14.63% |
| 2012-12-31 | 14.84% |
| 2012-09-30 | 15.49% |
| 2012-06-30 | 14.35% |
| 2012-03-31 | 13.95% |
| 2011-12-31 | 15.52% |
| 2011-09-30 | 16.50% |
| 2011-06-30 | 16.93% |
| 2011-03-31 | 15.56% |
| 2010-12-31 | 16.18% |
| 2010-09-30 | 18.05% |
| 2010-06-30 | 19.44% |
| 2010-03-31 | 18.56% |
| 2009-12-31 | 18.13% |
| 2009-09-30 | 19.33% |
| 2009-06-30 | 18.08% |
| 2009-03-31 | 18.35% |
| 2008-12-31 | 19.28% |
| 2008-09-27 | 17.38% |
| 2008-06-28 | 17.21% |
| 2008-03-29 | 17.85% |
| 2007-12-31 | 19.15% |
| 2007-09-29 | 16.69% |
| 2007-06-30 | 17.21% |
| 2007-03-31 | 13.35% |
| 2006-12-31 | 24.58% |
| 2006-09-30 | 30.70% |
| 2006-07-01 | 30.98% |
| 2006-04-01 | 13.89% |
| 2005-12-31 | 14.32% |
| 2005-10-01 | 18.33% |
| 2005-07-02 | 19.25% |
| 2005-04-02 | 20.05% |
| 2004-12-31 | 19.54% |
| 2004-10-02 | 20.44% |
| 2004-07-03 | 7.38% |
| 2004-04-03 | 7.49% |
| 2003-12-31 | 10.21% |
| 2003-09-27 | 10.91% |
| 2003-06-28 | 11.52% |
| 2003-03-29 | 11.47% |
| 2002-12-31 | 11.54% |
| 2002-09-28 | 10.96% |
