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 12.49% is 41% below its 5-year average of 21.05%, near the low end of its 5-year range (12.49%–29.81%).
As of the fiscal period ended Sunday, July 5, 2026. 17.15% below its 12-month average of 15.08%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
12.49%
DEBT TO ASSETS RATIO AVG TTM
15.08%
DEBT TO ASSETS RATIO AVG 3Y
18.75%
DEBT TO ASSETS RATIO AVG 5Y
21.05%
DEBT TO ASSETS RATIO AVG 10Y
22.60%
DEBT TO ASSETS RATIO AVG 15Y
18.74%
DEBT TO ASSETS RATIO AVG 20Y
16.96%
CURRENT VS TTM AVG
-17.15%
CURRENT VS 3Y AVG
-33.38%
CURRENT VS 5Y AVG
-40.66%
CURRENT VS 10Y AVG
-44.72%
CURRENT VS 15Y AVG
-33.33%
CURRENT VS 20Y AVG
-26.35%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+4442.81%
vs the sector median at left
General Dynamics Corporation
Market Cap
$103.61B
Debt to Assets Ratio
12.49%
TTM Avg
15.08%
3Y Avg
18.75%
5Y Avg
21.05%
Market Cap
$101.01B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$100.59B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$113.56B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.54B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| General Dynamics Corporation (GD) | $103.61B | 12.49% | 15.08% | 18.75% | 21.05% |
| Trane Technologies plc (TT)vs › | $101.01B | 0.22% | N/A | N/A | N/A |
| Quanta Services, Inc. (PWR)vs › | $100.59B | 0.26% | N/A | N/A | N/A |
| Vertiv Holdings Co (VRT)vs › | $93.85B | 0.28% | N/A | N/A | N/A |
| Howmet Aerospace Inc. (HWM)vs › | $113.56B | 0.27% | N/A | N/A | N/A |
| CSX Corporation (CSX)vs › | $93.45B | 0.44% | N/A | N/A | N/A |
| 3M Company (MMM)vs › | $90.80B | 0.34% | N/A | N/A | N/A |
| Waste Management, Inc. (WM)vs › | $90.78B | 0.50% | N/A | N/A | N/A |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 0.44% | N/A | N/A | N/A |
| Cummins Inc. (CMI)vs › | $88.25B | 0.24% | N/A | N/A | N/A |
Debt/Assets
12.5%
Debt/Equity
0.38
Current Ratio
1.44
Interest Coverage
17.1x
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 |
|---|---|
| 2026-07-05 | 12.49% |
| 2026-04-05 | 13.58% |
| 2025-12-31 | 17.10% |
| 2025-09-28 | 17.15% |
| 2025-06-29 | 18.67% |
| 2025-03-30 | 20.34% |
| 2024-12-31 | 19.11% |
| 2024-09-29 | 19.48% |
| 2024-06-30 | 20.06% |
| 2024-03-31 | 20.02% |
| 2023-12-31 | 20.22% |
| 2023-10-01 | 20.55% |
| 2023-07-02 | 21.85% |
| 2023-04-02 | 23.22% |
| 2022-12-31 | 23.48% |
| 2022-10-02 | 25.67% |
| 2022-07-03 | 26.09% |
| 2022-04-03 | 25.89% |
| 2021-12-31 | 26.31% |
| 2021-10-03 | 29.81% |
| 2021-07-04 | 30.56% |
| 2021-04-04 | 29.00% |
| 2020-12-31 | 28.71% |
| 2020-09-27 | 29.43% |
| 2020-06-28 | 31.80% |
| 2020-03-29 | 36.14% |
| 2019-12-31 | 27.50% |
| 2019-09-29 | 30.99% |
| 2019-06-30 | 31.80% |
| 2019-03-31 | 31.46% |
| 2018-12-31 | 27.35% |
| 2018-09-30 | 27.85% |
| 2018-07-01 | 30.28% |
| 2018-04-01 | 17.41% |
| 2017-12-31 | 11.38% |
| 2017-10-01 | 13.98% |
| 2017-07-02 | 11.77% |
| 2017-04-02 | 11.71% |
| 2016-12-31 | 11.83% |
| 2016-10-02 | 11.90% |
| 2016-07-03 | 10.82% |
| 2016-04-03 | 10.72% |
| 2015-12-31 | 10.62% |
| 2015-10-04 | 10.35% |
| 2015-07-05 | 10.14% |
| 2015-04-05 | 9.92% |
| 2014-12-31 | 11.06% |
| 2014-09-28 | 11.08% |
| 2014-06-29 | 11.39% |
| 2014-03-30 | 11.38% |
| 2013-12-31 | 11.02% |
| 2013-09-29 | 11.02% |
| 2013-06-30 | 11.25% |
| 2013-03-31 | 11.29% |
| 2012-12-31 | 11.39% |
| 2012-09-30 | 11.06% |
| 2012-07-01 | 11.17% |
| 2012-04-01 | 11.07% |
| 2011-12-31 | 11.27% |
| 2011-10-02 | 12.36% |
| 2011-07-03 | 9.54% |
| 2011-04-03 | 9.84% |
| 2010-12-31 | 9.84% |
| 2010-10-03 | 10.18% |
| 2010-07-04 | 12.51% |
| 2010-04-04 | 12.44% |
| 2009-12-31 | 12.43% |
| 2009-10-04 | 12.98% |
| 2009-07-05 | 13.57% |
| 2009-04-05 | 13.73% |
| 2008-12-31 | 14.18% |
| 2008-09-28 | 8.21% |
| 2008-06-29 | 8.77% |
| 2008-03-30 | 10.85% |
| 2007-12-31 | 10.85% |
| 2007-09-30 | 11.71% |
| 2007-07-01 | 11.92% |
| 2007-04-01 | 12.27% |
| 2006-12-31 | 12.43% |
| 2006-10-01 | 14.40% |
| 2006-07-02 | 16.79% |
| 2006-04-02 | 16.19% |
| 2005-12-31 | 16.80% |
| 2005-10-02 | 17.58% |
| 2005-07-03 | 15.56% |
| 2005-04-03 | 18.41% |
| 2004-12-31 | 18.79% |
| 2004-10-03 | 21.48% |
| 2004-07-04 | 22.81% |
| 2004-04-04 | 23.15% |
| 2003-12-31 | 24.98% |
| 2003-09-28 | 28.61% |
| 2003-06-29 | 22.04% |
| 2003-03-30 | 22.62% |
| 2002-12-31 | 12.36% |
| 2002-09-29 | 16.72% |
