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 0.82% is 97% below its 5-year average of 30.67%, near the low end of its 5-year range (0.82%–39.05%).
As of the fiscal period ended Friday, July 31, 2026. 95.51% below its 12-month average of 18.25%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
0.82%
DEBT TO ASSETS RATIO AVG TTM
18.25%
DEBT TO ASSETS RATIO AVG 3Y
24.79%
DEBT TO ASSETS RATIO AVG 5Y
30.67%
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
-95.51%
CURRENT VS 3Y AVG
-96.70%
CURRENT VS 5Y AVG
-97.33%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 181 covered companies
CURRENT VS SECTOR MEDIAN
+354.90%
vs the sector median at left
Elastic N.V.
Market Cap
$10.39B
Debt to Assets Ratio
0.82%
TTM Avg
18.25%
3Y Avg
24.79%
5Y Avg
30.67%
Market Cap
$10.75B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.90B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.93B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.01B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.90B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elastic N.V. (ESTC) | $10.39B | 0.82% | 18.25% | 24.79% | 30.67% |
| Paycom Software, Inc. (PAYC)vs › | $10.75B | 0.19% | N/A | N/A | N/A |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.90B | 0.09% | N/A | N/A | N/A |
| Advanced Energy Industries, Inc. (AEIS)vs › | $10.93B | 0.40% | N/A | N/A | N/A |
| Nova Ltd. (NVMI)vs › | $11.09B | 0.32% | N/A | N/A | N/A |
| UiPath Inc. (PATH)vs › | $9.65B | 0.03% | N/A | N/A | N/A |
| Rambus Inc. (RMBS)vs › | $9.30B | 0.01% | N/A | N/A | N/A |
| Viavi Solutions Inc. (VIAV)vs › | $9.01B | 0.26% | N/A | N/A | N/A |
| Amkor Technology, Inc. (AMKR)vs › | $11.90B | 0.26% | N/A | N/A | N/A |
| Jack Henry & Associates, Inc. (JKHY)vs › | $12.06B | 0.01% | N/A | N/A | N/A |
Debt/Assets
0.8%
Debt/Equity
0.02
Current Ratio
1.81
Interest Coverage
-1.3x
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 |
|---|---|
| 2026-07-31 | 0.82% |
| 2026-04-30 | 18.76% |
| 2026-01-31 | 24.26% |
| 2025-10-31 | 23.85% |
| 2025-07-31 | 23.54% |
| 2025-04-30 | 22.95% |
| 2025-01-31 | 25.22% |
| 2024-10-31 | 26.41% |
| 2024-07-31 | 27.47% |
| 2024-04-30 | 26.47% |
| 2024-01-31 | 28.97% |
| 2023-10-31 | 33.67% |
| 2023-07-31 | 34.76% |
| 2023-04-30 | 34.08% |
| 2023-01-31 | 36.66% |
| 2022-10-31 | 37.54% |
| 2022-07-31 | 37.79% |
| 2022-04-30 | 36.17% |
| 2022-01-31 | 37.85% |
| 2021-10-31 | 37.92% |
| 2021-07-31 | 39.05% |
| 2021-04-30 | 2.90% |
| 2021-01-31 | 3.55% |
| 2020-10-31 | 3.79% |
| 2020-07-31 | 4.17% |
| 2020-04-30 | 4.41% |
| 2020-01-31 | 4.90% |
| 2019-10-31 | 5.46% |
| 2019-07-31 | 6.59% |
| 2019-04-30 | 0.00% |
| 2019-01-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-07-31 | 0.00% |
| 2018-04-30 | 0.00% |
