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 0.89% is 25% below its 5-year average of 1.20%, around the middle of its 5-year range (0.07%–1.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.04% below its 12-month average of 0.92%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
0.89%
DEBT TO ASSETS RATIO AVG TTM
0.92%
DEBT TO ASSETS RATIO AVG 3Y
1.14%
DEBT TO ASSETS RATIO AVG 5Y
1.20%
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
-3.04%
CURRENT VS 3Y AVG
-22.01%
CURRENT VS 5Y AVG
-25.47%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+213.15%
vs the sector median at left
Doximity, Inc.
Market Cap
$4.63B
Debt to Assets Ratio
0.89%
TTM Avg
0.92%
3Y Avg
1.14%
5Y Avg
1.20%
Market Cap
$3.19B
Debt to Assets Ratio
0.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.65B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.19B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.15B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$465.16M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Doximity, Inc. (DOCS) | $4.63B | 0.89% | 0.92% | 1.14% | 1.20% |
| TransMedics Group, Inc. (TMDX)vs › | $3.19B | 0.59% | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.65B | 0.43% | N/A | N/A | N/A |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.19B | 0.44% | N/A | N/A | N/A |
| Oscar Health, Inc. (OSCR)vs › | $8.10B | 0.04% | N/A | N/A | N/A |
| Teladoc Health, Inc. (TDOC)vs › | $1.15B | 0.38% | N/A | N/A | N/A |
| NRC Health (NRC)vs › | $495.81M | 0.66% | N/A | N/A | N/A |
| Shoulder Innovations, Inc. (SI)vs › | $465.16M | 0.10% | N/A | N/A | N/A |
| Insulet Corp. (PODD)vs › | $9.93B | 0.30% | N/A | N/A | N/A |
| Henry Schein, Inc. (HSIC)vs › | $10.30B | 0.34% | N/A | N/A | N/A |
Debt/Assets
0.9%
Debt/Equity
0.01
Current Ratio
6.08
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 |
|---|---|
| 2026-06-30 | 0.89% |
| 2026-03-31 | 0.91% |
| 2025-12-31 | 0.92% |
| 2025-09-30 | 0.90% |
| 2025-06-30 | 0.98% |
| 2025-03-31 | 0.98% |
| 2024-12-31 | 1.10% |
| 2024-09-30 | 1.21% |
| 2024-06-30 | 1.31% |
| 2024-03-31 | 1.35% |
| 2023-12-31 | 1.50% |
| 2023-09-30 | 1.47% |
| 2023-06-30 | 1.36% |
| 2023-03-31 | 1.38% |
| 2022-12-31 | 1.47% |
| 2022-09-30 | 1.52% |
| 2022-06-30 | 1.12% |
| 2022-03-31 | 0.11% |
| 2021-12-31 | 0.17% |
| 2021-09-30 | 0.07% |
| 2021-06-30 | 0.09% |
| 2021-03-31 | 0.50% |
| 2020-12-31 | 0.87% |
