Fastenal Company (FAST) Debt to Assets Ratio: 0.09%
The debt to assets ratio for Fastenal Company (FAST) is 0.09% as of Thursday, June 11, 2026.
FAST Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.09%
FAST Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Fastenal Company (FAST) | $53.01B | 0.09% |
| AMETEK, Inc. (AME) | $51.30B | 0.14% |
| Old Dominion Freight Line, Inc. (ODFL) | $50.34B | 0.03% |
| Rockwell Automation, Inc. (ROK) | $49.86B | 0.33% |
| PACCAR Inc (PCAR) | $60.57B | 0.00% |
| Westinghouse Air Brake Technologies Corporation (WAB) | $44.47B | 0.25% |
| Rocket Lab USA, Inc. (RKLB) | $62.52B | 0.11% |
| Comfort Systems USA, Inc. (FIX) | $64.90B | 0.12% |
| Norfolk Southern Corporation (NSC) | $69.72B | 0.38% |
| Axon Enterprise, Inc. (AXON) | $36.08B | 0.27% |
Leverage Ratios Comparison
Debt/Assets
0.1%
Debt/Equity
0.11
Current Ratio
4.85
Interest Coverage
267.1x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Fastenal Company Debt to Assets Ratio Formula & Definition
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
Fastenal Company Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Fastenal Company (FAST)?
- The debt to assets ratio for FAST stock is 0.09%.
About Fastenal Company
Fastenal Company, along with its associated entities, operates as a global wholesale supplier of industrial and construction materials, with significant operations throughout North America, including the United States, Canada, and Mexico, and other international markets. Branded as Fastenal, the company offers a comprehensive range of fasteners, such as threaded bolts, nuts, screws, studs, and washers, which are vital for manufacturing processes, building developments, and equipment servicing. Beyond fasteners, its product catalog extends to diverse hardware and miscellaneous items like pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, and rivets, along with their related accessories. Fastenal serves a wide array of clients, including original equipment manufacturers, maintenance, repair, and operations departments within the manufacturing sector, and various non-residential construction contractors spanning general, electrical, plumbing, sheet metal, and road construction. Its customer base further encompasses agricultural businesses, transportation services (trucking, railroads), mining operations, educational institutions, retail establishments, the oil and gas exploration, production, and refinement industries, and governmental bodies at federal, state, and local levels. The company distributes its offerings through an extensive network of 3,209 in-market facilities and 15 major distribution centers. Established in 1967, Fastenal Company's corporate headquarters are located in Winona, Minnesota.
- Sector
- Industrials
- Industry
- Industrial - Distribution
- CEO
- Daniel L. Florness