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 37.46% is 55% above its 5-year average of 24.23%, near the high end of its 5-year range (10.94%–39.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.55% above its 12-month average of 35.83%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
37.46%
DEBT TO ASSETS RATIO AVG TTM
35.83%
DEBT TO ASSETS RATIO AVG 3Y
27.20%
DEBT TO ASSETS RATIO AVG 5Y
24.23%
DEBT TO ASSETS RATIO AVG 10Y
31.41%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+4.55%
CURRENT VS 3Y AVG
+37.70%
CURRENT VS 5Y AVG
+54.60%
CURRENT VS 10Y AVG
+19.24%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.39%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+9504.04%
vs the sector median at left
e.l.f. Beauty, Inc.
Market Cap
$6.16B
Debt to Assets Ratio
37.46%
TTM Avg
35.83%
3Y Avg
27.20%
5Y Avg
24.23%
Market Cap
$7.59B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.67B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.78B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.34B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.63B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| e.l.f. Beauty, Inc. (ELF) | $6.16B | 37.46% | 35.83% | 27.20% | 24.23% |
| Campbell Soup Company (CPB)vs › | $6.96B | 0.46% | N/A | N/A | N/A |
| Lamb Weston Holdings, Inc. (LW)vs › | $7.59B | 0.53% | N/A | N/A | N/A |
| Sprouts Farmers Market, Inc. (SFM)vs › | $7.67B | 0.49% | N/A | N/A | N/A |
| Conagra Brands, Inc. (CAG)vs › | $7.67B | 0.42% | N/A | N/A | N/A |
| Molson Coors Beverage Company (TAP)vs › | $7.78B | 0.32% | N/A | N/A | N/A |
| Celsius Holdings, Inc. (CELH)vs › | $8.34B | 0.13% | N/A | N/A | N/A |
| Cal-Maine Foods, Inc. (CALM)vs › | $3.81B | N/A | N/A | N/A | N/A |
| Smithfield Foods, Inc. (SFD)vs › | $8.63B | 0.20% | N/A | N/A | N/A |
| Stride, Inc. (LRN)vs › | $3.67B | 0.22% | N/A | N/A | N/A |
Debt/Assets
37.5%
Debt/Equity
0.79
Current Ratio
2.55
Interest Coverage
3.2x
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 | 37.46% |
| 2026-03-31 | 38.30% |
| 2025-12-31 | 39.86% |
| 2025-09-30 | 39.58% |
| 2025-06-30 | 23.94% |
| 2025-03-31 | 25.08% |
| 2024-12-31 | 24.53% |
| 2024-09-30 | 24.35% |
| 2024-06-30 | 25.25% |
| 2024-03-31 | 25.73% |
| 2023-12-31 | 26.48% |
| 2023-09-30 | 10.94% |
| 2023-06-30 | 12.11% |
| 2023-03-31 | 13.80% |
| 2022-12-31 | 15.24% |
| 2022-09-30 | 20.66% |
| 2022-06-30 | 22.31% |
| 2022-03-31 | 23.65% |
| 2021-12-31 | 24.27% |
| 2021-09-30 | 27.44% |
| 2021-06-30 | 30.24% |
| 2021-03-31 | 30.96% |
| 2020-12-31 | 31.52% |
| 2020-09-30 | 32.82% |
| 2020-06-30 | 32.57% |
| 2020-03-31 | 33.76% |
| 2019-12-31 | 32.70% |
| 2019-09-30 | 34.84% |
| 2019-06-30 | 37.50% |
| 2019-03-31 | 39.00% |
| 2018-12-31 | 34.50% |
| 2018-09-30 | 36.29% |
| 2018-06-30 | 37.50% |
| 2018-03-31 | 38.24% |
| 2017-12-31 | 37.47% |
| 2017-09-30 | 41.23% |
| 2017-06-30 | 44.20% |
| 2017-03-31 | 44.31% |
| 2016-12-31 | 39.74% |
| 2016-09-30 | 40.83% |
| 2016-06-30 | 56.73% |
| 2016-03-31 | 38.42% |
| 2015-12-31 | 40.14% |
