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 24.55% is in line with its 5-year average of 24.89%, near the low end of its 5-year range (23.30%–27.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.18% below its 12-month average of 25.62%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
24.55%
DEBT TO ASSETS RATIO AVG TTM
25.62%
DEBT TO ASSETS RATIO AVG 3Y
24.56%
DEBT TO ASSETS RATIO AVG 5Y
24.89%
DEBT TO ASSETS RATIO AVG 10Y
25.51%
DEBT TO ASSETS RATIO AVG 15Y
25.33%
DEBT TO ASSETS RATIO AVG 20Y
22.83%
CURRENT VS TTM AVG
-4.18%
CURRENT VS 3Y AVG
-0.02%
CURRENT VS 5Y AVG
-1.35%
CURRENT VS 10Y AVG
-3.76%
CURRENT VS 15Y AVG
-3.05%
CURRENT VS 20Y AVG
+7.55%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+8668.84%
vs the sector median at left
Elevance Health Inc.
Market Cap
$87.17B
Debt to Assets Ratio
24.55%
TTM Avg
25.62%
3Y Avg
24.56%
5Y Avg
24.89%
Market Cap
$83.48B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.10B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.86B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | $87.17B | 24.55% | 25.62% | 24.56% | 24.89% |
| HCA Healthcare, Inc. (HCA)vs › | $87.04B | 0.81% | N/A | N/A | N/A |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $83.48B | 0.05% | N/A | N/A | N/A |
| GSK plc (GSK)vs › | $97.25B | 0.30% | N/A | N/A | N/A |
| Cigna Corporation (CI)vs › | $72.89B | 0.20% | N/A | N/A | N/A |
| Sanofi (SNY)vs › | $103.62B | 0.18% | N/A | N/A | N/A |
| McKesson Corporation (MCK)vs › | $104.10B | 0.13% | N/A | N/A | N/A |
| Stryker Corporation (SYK)vs › | $105.97B | 0.31% | N/A | N/A | N/A |
| Boston Scientific Corporation (BSX)vs › | $66.86B | 0.28% | N/A | N/A | N/A |
| Cencora, Inc. (COR)vs › | $63.17B | 0.14% | N/A | N/A | N/A |
Debt/Assets
24.6%
Debt/Equity
0.69
Current Ratio
2.05
Interest Coverage
5.8x
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 | 24.55% |
| 2026-03-31 | 25.31% |
| 2025-12-31 | 27.36% |
| 2025-09-30 | 26.15% |
| 2025-06-30 | 24.76% |
| 2025-03-31 | 25.06% |
| 2024-12-31 | 27.98% |
| 2024-09-30 | 23.30% |
| 2024-06-30 | 24.50% |
| 2024-03-31 | 23.64% |
| 2023-12-31 | 24.47% |
| 2023-09-30 | 23.90% |
| 2023-06-30 | 24.49% |
| 2023-03-31 | 24.85% |
| 2022-12-31 | 25.11% |
| 2022-09-30 | 24.69% |
| 2022-06-30 | 25.02% |
| 2022-03-31 | 24.88% |
| 2021-12-31 | 25.54% |
| 2021-09-30 | 25.02% |
| 2021-06-30 | 26.07% |
| 2021-03-31 | 26.08% |
| 2020-12-31 | 24.74% |
| 2020-09-30 | 26.14% |
| 2020-06-30 | 26.48% |
| 2020-03-31 | 28.50% |
| 2019-12-31 | 27.10% |
| 2019-09-30 | 27.43% |
| 2019-06-30 | 27.05% |
| 2019-03-31 | 27.58% |
| 2018-12-31 | 26.51% |
| 2018-09-30 | 26.09% |
| 2018-06-30 | 25.93% |
| 2018-03-31 | 27.13% |
| 2017-12-31 | 27.89% |
| 2017-09-30 | 23.76% |
| 2017-06-30 | 23.88% |
| 2017-03-31 | 24.86% |
| 2016-12-31 | 23.69% |
| 2016-09-30 | 24.24% |
| 2016-06-30 | 24.30% |
| 2016-03-31 | 24.75% |
| 2015-12-31 | 25.70% |
| 2015-09-30 | 26.08% |
| 2015-06-30 | 25.88% |
| 2015-03-31 | 24.17% |
| 2014-12-31 | 24.39% |
| 2014-09-30 | 24.60% |
| 2014-06-30 | 23.75% |
| 2014-03-31 | 24.38% |
| 2013-12-31 | 24.33% |
| 2013-09-30 | 24.67% |
| 2013-06-30 | 24.90% |
| 2013-03-31 | 24.88% |
| 2012-12-31 | 25.41% |
| 2012-09-30 | 24.34% |
| 2012-06-30 | 20.44% |
| 2012-03-31 | 18.05% |
| 2011-12-31 | 18.86% |
| 2011-09-30 | 19.02% |
| 2011-06-30 | 17.39% |
| 2011-03-31 | 17.68% |
| 2010-12-31 | 17.85% |
| 2010-09-30 | 17.68% |
| 2010-06-30 | 17.04% |
| 2010-03-31 | 16.39% |
| 2009-12-31 | 16.11% |
| 2009-09-30 | 17.90% |
| 2009-06-30 | 18.59% |
| 2009-03-31 | 18.90% |
| 2008-12-31 | 18.27% |
| 2008-09-30 | 18.52% |
| 2008-06-30 | 19.16% |
| 2008-03-31 | 18.01% |
| 2007-12-31 | 17.37% |
| 2007-09-30 | 16.45% |
| 2007-06-30 | 15.08% |
| 2007-03-31 | 13.29% |
| 2006-12-31 | 13.60% |
| 2006-09-30 | 14.26% |
| 2006-06-30 | 14.91% |
| 2006-03-31 | 13.90% |
| 2005-12-31 | 13.24% |
| 2005-09-30 | 10.46% |
| 2005-06-30 | 11.09% |
| 2005-03-31 | 10.55% |
| 2004-12-31 | 10.76% |
| 2004-09-30 | 13.43% |
| 2004-06-30 | 15.33% |
| 2004-03-31 | 14.88% |
| 2003-12-31 | 15.40% |
| 2003-09-30 | 15.97% |
| 2003-06-30 | 15.78% |
| 2003-03-31 | 16.34% |
| 2002-12-31 | 13.34% |
| 2002-09-30 | 16.59% |
