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 9.33% is 12% above its 5-year average of 8.30%, near the high end of its 5-year range (6.58%–9.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.45% above its 12-month average of 9.01%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 9.33%.
DEBT TO ASSETS RATIO
9.33%
DEBT TO ASSETS RATIO AVG TTM
9.01%
DEBT TO ASSETS RATIO AVG 3Y
8.73%
DEBT TO ASSETS RATIO AVG 5Y
8.30%
DEBT TO ASSETS RATIO AVG 10Y
7.53%
DEBT TO ASSETS RATIO AVG 15Y
7.20%
DEBT TO ASSETS RATIO AVG 20Y
7.10%
CURRENT VS TTM AVG
+3.45%
CURRENT VS 3Y AVG
+6.87%
CURRENT VS 5Y AVG
+12.37%
CURRENT VS 10Y AVG
+23.81%
CURRENT VS 15Y AVG
+29.49%
CURRENT VS 20Y AVG
+31.28%
SECTOR MEDIAN · FINANCIAL SERVICES
0.10%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+9225.14%
vs the sector median at left
Globe Life Inc.
Market Cap
$13.40B
Debt to Assets Ratio
9.33%
TTM Avg
9.01%
3Y Avg
8.73%
5Y Avg
8.30%
Market Cap
$13.63B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.89B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.29B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Globe Life Inc. (GL) | $13.40B | 9.33% | 9.01% | 8.73% | 8.30% |
| Invesco Ltd. (IVZ)vs › | $13.43B | 0.06% | N/A | N/A | N/A |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $13.63B | 0.00% | N/A | N/A | N/A |
| TransUnion (TRU)vs › | $14.01B | 0.46% | N/A | N/A | N/A |
| Assurant, Inc. (AIZ)vs › | $14.07B | 0.06% | N/A | N/A | N/A |
| American Financial Group, Inc. (AFG)vs › | $11.89B | 0.06% | N/A | N/A | N/A |
| Everest Group, Ltd. (EG)vs › | $15.03B | 0.06% | N/A | N/A | N/A |
| Erie Indemnity Company (ERIE)vs › | $11.29B | 0.02% | N/A | N/A | N/A |
| Hut 8 Corp. (HUT)vs › | $10.23B | 0.77% | N/A | N/A | N/A |
| WisdomTree U.S. Quality Dividend Growth Fund (DGRW)vs › | $16.88B | N/A | N/A | N/A | N/A |
Debt/Assets
9.3%
Debt/Equity
0.48
Current Ratio
1.41
Interest Coverage
10.4x
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 | 9.33% |
| 2026-03-31 | 8.97% |
| 2025-12-31 | 8.52% |
| 2025-09-30 | 8.89% |
| 2025-06-30 | 9.36% |
| 2025-03-31 | 9.43% |
| 2024-12-31 | 9.42% |
| 2024-09-30 | 9.34% |
| 2024-06-30 | 8.07% |
| 2024-03-31 | 8.27% |
| 2023-12-31 | 7.54% |
| 2023-09-30 | 8.58% |
| 2023-06-30 | 7.70% |
| 2023-03-31 | 7.98% |
| 2022-12-31 | 7.99% |
| 2022-09-30 | 8.30% |
| 2022-06-30 | 8.15% |
| 2022-03-31 | 7.43% |
| 2021-12-31 | 6.81% |
| 2021-09-30 | 6.58% |
| 2021-06-30 | 7.59% |
| 2021-03-31 | 6.91% |
| 2020-12-31 | 6.62% |
| 2020-09-30 | 6.94% |
| 2020-06-30 | 7.64% |
| 2020-03-31 | 7.12% |
| 2019-12-31 | 6.34% |
| 2019-09-30 | 6.14% |
| 2019-06-30 | 6.48% |
| 2019-03-31 | 6.84% |
| 2018-12-31 | 7.21% |
| 2018-09-30 | 8.41% |
| 2018-06-30 | 6.51% |
| 2018-03-31 | 6.45% |
| 2017-12-31 | 6.22% |
| 2017-09-30 | 6.26% |
| 2017-06-30 | 6.37% |
| 2017-03-31 | 6.61% |
| 2016-12-31 | 6.52% |
| 2016-09-30 | 6.34% |
| 2016-06-30 | 6.58% |
| 2016-03-31 | 6.31% |
| 2015-12-31 | 6.21% |
| 2015-09-30 | 6.77% |
| 2015-06-30 | 6.89% |
| 2015-03-31 | 6.05% |
| 2014-12-31 | 6.09% |
| 2014-09-30 | 6.45% |
| 2014-06-30 | 6.44% |
| 2014-03-31 | 6.59% |
| 2013-12-31 | 6.71% |
| 2013-09-30 | 6.72% |
| 2013-06-30 | 7.38% |
| 2013-03-31 | 7.20% |
| 2012-12-31 | 6.97% |
| 2012-09-30 | 7.16% |
| 2012-06-30 | 6.46% |
| 2012-03-31 | 6.07% |
| 2011-12-31 | 5.92% |
| 2011-09-30 | 5.99% |
| 2011-06-30 | 6.10% |
| 2011-03-31 | 6.07% |
| 2010-12-31 | 6.12% |
| 2010-09-30 | 16.27% |
| 2010-06-30 | 6.57% |
| 2010-03-31 | 6.75% |
| 2009-12-31 | 7.20% |
| 2009-09-30 | 7.28% |
| 2009-06-30 | 8.55% |
| 2009-03-31 | 7.52% |
| 2008-12-31 | 7.59% |
| 2008-09-30 | 6.94% |
| 2008-06-30 | 4.90% |
| 2008-03-31 | 6.44% |
| 2007-12-31 | 6.07% |
| 2007-09-30 | 6.11% |
| 2007-06-30 | 6.53% |
| 2007-03-31 | 5.81% |
| 2006-12-31 | 5.95% |
| 2006-09-30 | 7.42% |
| 2006-06-30 | 9.16% |
| 2006-03-31 | 8.40% |
| 2005-12-31 | 7.78% |
| 2005-09-30 | 8.15% |
| 2005-06-30 | 8.04% |
| 2005-03-31 | 7.54% |
| 2004-12-31 | 7.30% |
| 2004-09-30 | 5.85% |
| 2004-06-30 | 5.16% |
| 2004-03-31 | 5.56% |
| 2003-12-31 | 6.51% |
| 2003-09-30 | 6.57% |
| 2003-06-30 | 5.25% |
| 2003-03-31 | 6.09% |
| 2002-12-31 | 6.09% |
| 2002-09-30 | 6.00% |
