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 1.45% is 72% below its 5-year average of 5.13%, near the low end of its 5-year range (1.45%–8.30%).
As of the fiscal period ended Tuesday, June 30, 2026. 68.91% below its 12-month average of 4.66%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.45%
DEBT TO ASSETS RATIO AVG TTM
4.66%
DEBT TO ASSETS RATIO AVG 3Y
5.87%
DEBT TO ASSETS RATIO AVG 5Y
5.13%
DEBT TO ASSETS RATIO AVG 10Y
6.00%
DEBT TO ASSETS RATIO AVG 15Y
5.92%
DEBT TO ASSETS RATIO AVG 20Y
6.42%
CURRENT VS TTM AVG
-68.91%
CURRENT VS 3Y AVG
-75.33%
CURRENT VS 5Y AVG
-71.74%
CURRENT VS 10Y AVG
-75.86%
CURRENT VS 15Y AVG
-75.51%
CURRENT VS 20Y AVG
-77.44%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+662.67%
vs the sector median at left
First Solar, Inc.
Market Cap
$24.35B
Debt to Assets Ratio
1.45%
TTM Avg
4.66%
3Y Avg
5.87%
5Y Avg
5.13%
Market Cap
$24.42B
Debt to Assets Ratio
0.29%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.36B
Debt to Assets Ratio
1.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $24.35B | 1.45% | 4.66% | 5.87% | 5.13% |
| Super Micro Computer, Inc. (SMCI)vs › | $24.42B | 0.29% | N/A | N/A | N/A |
| Okta, Inc. (OKTA)vs › | $24.54B | 0.04% | N/A | N/A | N/A |
| Entegris, Inc. (ENTG)vs › | $24.55B | 0.42% | N/A | N/A | N/A |
| F5, Inc. (FFIV)vs › | $23.76B | 0.03% | N/A | N/A | N/A |
| Verisk Analytics, Inc. (VRSK)vs › | $23.36B | 1.03% | N/A | N/A | N/A |
| Roblox Corporation (RBLX)vs › | $25.47B | 0.19% | N/A | N/A | N/A |
| VeriSign, Inc. (VRSN)vs › | $25.65B | 1.29% | N/A | N/A | N/A |
| Samsara Inc. (IOT)vs › | $22.68B | 0.03% | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.08B | 0.10% | N/A | N/A | N/A |
Debt/Assets
1.4%
Debt/Equity
0.02
Current Ratio
2.52
Interest Coverage
36.2x
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 | 1.45% |
| 2026-03-31 | 3.19% |
| 2025-12-31 | 3.74% |
| 2025-09-30 | 6.63% |
| 2025-06-30 | 8.30% |
| 2025-03-31 | 5.20% |
| 2024-12-31 | 5.93% |
| 2024-09-30 | 6.07% |
| 2024-06-30 | 5.65% |
| 2024-03-31 | 6.33% |
| 2023-12-31 | 6.02% |
| 2023-09-30 | 5.67% |
| 2023-06-30 | 5.37% |
| 2023-03-31 | 4.30% |
| 2022-12-31 | 2.84% |
| 2022-09-30 | 4.18% |
| 2022-06-30 | 3.13% |
| 2022-03-31 | 5.43% |
| 2021-12-31 | 5.38% |
| 2021-09-30 | 6.41% |
| 2021-06-30 | 6.46% |
| 2021-03-31 | 6.38% |
| 2020-12-31 | 6.78% |
| 2020-09-30 | 6.59% |
| 2020-06-30 | 9.56% |
| 2020-03-31 | 8.77% |
| 2019-12-31 | 7.92% |
| 2019-09-30 | 8.98% |
| 2019-06-30 | 8.75% |
| 2019-03-31 | 9.87% |
| 2018-12-31 | 6.55% |
| 2018-09-30 | 6.57% |
| 2018-06-30 | 6.49% |
| 2018-03-31 | 6.40% |
| 2017-12-31 | 6.37% |
| 2017-09-30 | 5.86% |
| 2017-06-30 | 5.85% |
| 2017-03-31 | 5.26% |
| 2016-12-31 | 3.13% |
| 2016-09-30 | 9.73% |
| 2016-06-30 | 3.09% |
| 2016-03-31 | 3.95% |
| 2015-12-31 | 3.96% |
| 2015-09-30 | 4.04% |
| 2015-06-30 | 4.40% |
| 2015-03-31 | 3.63% |
| 2014-12-31 | 3.17% |
| 2014-09-30 | 3.39% |
| 2014-06-30 | 2.94% |
| 2014-03-31 | 3.12% |
| 2013-12-31 | 3.24% |
| 2013-09-30 | 3.34% |
| 2013-06-30 | 3.72% |
| 2013-03-31 | 8.93% |
| 2012-12-31 | 8.86% |
| 2012-09-30 | 8.86% |
| 2012-06-30 | 9.46% |
| 2012-03-31 | 14.97% |
| 2011-12-31 | 11.49% |
| 2011-09-30 | 10.63% |
| 2011-06-30 | 7.31% |
| 2011-03-31 | 2.97% |
| 2010-12-31 | 5.42% |
| 2010-09-25 | 5.96% |
| 2010-06-26 | 3.82% |
| 2010-03-27 | 4.68% |
| 2009-12-31 | 5.22% |
| 2009-09-30 | 6.22% |
| 2009-07-31 | 8.03% |
| 2009-03-31 | 9.97% |
| 2008-12-31 | 9.39% |
| 2008-09-27 | 9.01% |
| 2008-06-28 | 7.95% |
| 2008-03-29 | 5.95% |
| 2007-12-31 | 7.89% |
| 2007-09-29 | 9.01% |
| 2007-06-30 | 16.90% |
| 2007-03-31 | 15.49% |
| 2006-12-31 | 13.95% |
| 2006-09-30 | 27.83% |
| 2005-12-31 | 47.82% |
| 2004-12-31 | 32.80% |
