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 27.92% is 14% above its 5-year average of 24.54%, near the high end of its 5-year range (18.85%–30.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.32% above its 12-month average of 25.54%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 27.92%.
DEBT TO ASSETS RATIO
27.92%
DEBT TO ASSETS RATIO AVG TTM
25.54%
DEBT TO ASSETS RATIO AVG 3Y
24.30%
DEBT TO ASSETS RATIO AVG 5Y
24.54%
DEBT TO ASSETS RATIO AVG 10Y
23.78%
DEBT TO ASSETS RATIO AVG 15Y
16.28%
DEBT TO ASSETS RATIO AVG 20Y
12.48%
CURRENT VS TTM AVG
+9.32%
CURRENT VS 3Y AVG
+14.88%
CURRENT VS 5Y AVG
+13.80%
CURRENT VS 10Y AVG
+17.41%
CURRENT VS 15Y AVG
+71.46%
CURRENT VS 20Y AVG
+123.65%
SECTOR MEDIAN · TECHNOLOGY
0.13%
median of 575 covered companies
CURRENT VS SECTOR MEDIAN
+21377.32%
vs the sector median at left
ExlService Holdings, Inc.
Market Cap
$5.45B
Debt to Assets Ratio
27.92%
TTM Avg
25.54%
3Y Avg
24.30%
5Y Avg
24.54%
Market Cap
$5.50B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.39B
Debt to Assets Ratio
0.82%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.37B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.33B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.61B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ExlService Holdings, Inc. (EXLS) | $5.45B | 27.92% | 25.54% | 24.30% | 24.54% |
| Open Text Corporation (OTEX)vs › | $5.50B | 0.46% | N/A | N/A | N/A |
| Novanta Inc. (NOVT)vs › | $5.39B | 0.13% | N/A | N/A | N/A |
| Core Scientific, Inc. (CORZ)vs › | $5.39B | 0.82% | N/A | N/A | N/A |
| Octave Intelligence plc (OCTV)vs › | $5.37B | 0.10% | N/A | N/A | N/A |
| Science Applications International Corporation (SAIC)vs › | $5.33B | 0.50% | N/A | N/A | N/A |
| Varonis Systems, Inc. (VRNS)vs › | $5.61B | 0.31% | N/A | N/A | N/A |
| Pegasystems Inc. (PEGA)vs › | $5.69B | 0.05% | N/A | N/A | N/A |
| EPAM Systems, Inc. (EPAM)vs › | $5.70B | 0.03% | N/A | N/A | N/A |
| Maase Inc. (MAAS)vs › | $5.18B | 0.00% | N/A | N/A | N/A |
Debt/Assets
27.9%
Debt/Equity
0.56
Current Ratio
1.24
Interest Coverage
17.8x
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 | 27.92% |
| 2026-03-31 | 30.93% |
| 2025-12-31 | 23.84% |
| 2025-09-30 | 25.06% |
| 2025-06-30 | 19.95% |
| 2025-03-31 | 23.03% |
| 2024-12-31 | 22.65% |
| 2024-09-30 | 26.46% |
| 2024-06-30 | 27.70% |
| 2024-03-31 | 29.14% |
| 2023-12-31 | 18.85% |
| 2023-09-30 | 19.47% |
| 2023-06-30 | 20.96% |
| 2023-03-31 | 19.89% |
| 2022-12-31 | 23.30% |
| 2022-09-30 | 25.89% |
| 2022-06-30 | 28.13% |
| 2022-03-31 | 29.88% |
| 2021-12-31 | 27.08% |
| 2021-09-30 | 23.77% |
| 2021-06-30 | 21.33% |
| 2021-03-31 | 26.79% |
| 2020-12-31 | 26.54% |
| 2020-09-30 | 27.53% |
| 2020-06-30 | 28.98% |
| 2020-03-31 | 35.36% |
| 2019-12-31 | 28.28% |
| 2019-09-30 | 30.11% |
| 2019-06-30 | 31.39% |
| 2019-03-31 | 35.58% |
| 2018-12-31 | 26.86% |
| 2018-09-30 | 28.81% |
| 2018-06-30 | 8.62% |
| 2018-03-31 | 8.54% |
| 2017-12-31 | 7.43% |
| 2017-09-30 | 5.91% |
| 2017-06-30 | 6.09% |
| 2017-03-31 | 6.26% |
| 2016-12-31 | 6.44% |
| 2016-09-30 | 6.79% |
| 2016-06-30 | 7.03% |
| 2016-03-31 | 10.21% |
| 2015-12-31 | 10.86% |
| 2015-09-30 | 11.42% |
| 2015-06-30 | 11.57% |
| 2015-03-31 | 13.28% |
| 2014-12-31 | 8.96% |
| 2014-09-30 | 0.38% |
| 2014-06-30 | 0.41% |
| 2014-03-31 | 0.49% |
| 2013-12-31 | 0.54% |
| 2013-09-30 | 0.60% |
| 2013-06-30 | 0.79% |
| 2013-03-31 | 0.92% |
| 2012-12-31 | 1.00% |
| 2012-09-30 | 1.18% |
| 2012-06-30 | 1.28% |
| 2012-03-31 | 1.53% |
| 2011-12-31 | 1.58% |
| 2011-09-30 | 1.84% |
| 2011-06-30 | 9.88% |
| 2011-03-31 | 0.20% |
| 2010-12-31 | 0.20% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.11% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.14% |
| 2008-09-30 | 0.17% |
| 2008-06-30 | 0.16% |
| 2008-03-31 | 0.18% |
| 2007-12-31 | 0.18% |
| 2007-09-30 | 0.22% |
| 2007-06-30 | 0.15% |
| 2007-03-31 | 0.18% |
| 2006-12-31 | 0.24% |
| 2006-09-30 | 6.79% |
| 2006-06-30 | 8.98% |
| 2005-12-31 | 9.68% |
| 2004-12-31 | 11.79% |
