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 28.46% is in line with its 5-year average of 28.50%, around the middle of its 5-year range (25.48%–33.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.42% below its 12-month average of 30.09%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
28.46%
DEBT TO ASSETS RATIO AVG TTM
30.09%
DEBT TO ASSETS RATIO AVG 3Y
29.73%
DEBT TO ASSETS RATIO AVG 5Y
28.50%
DEBT TO ASSETS RATIO AVG 10Y
25.20%
DEBT TO ASSETS RATIO AVG 15Y
20.72%
DEBT TO ASSETS RATIO AVG 20Y
18.06%
CURRENT VS TTM AVG
-5.42%
CURRENT VS 3Y AVG
-4.29%
CURRENT VS 5Y AVG
-0.14%
CURRENT VS 10Y AVG
+12.93%
CURRENT VS 15Y AVG
+37.35%
CURRENT VS 20Y AVG
+57.55%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 161 covered companies
CURRENT VS SECTOR MEDIAN
+15710.64%
vs the sector median at left
Corning Inc
Market Cap
$137.13B
Debt to Assets Ratio
28.46%
TTM Avg
30.09%
3Y Avg
29.73%
5Y Avg
28.50%
Market Cap
$150.95B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$159.88B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $137.13B | 28.46% | 30.09% | 29.73% | 28.50% |
| ServiceNow, Inc. (NOW)vs › | $131.86B | 0.27% | N/A | N/A | N/A |
| Western Digital Corporation (WDC)vs › | $150.95B | 0.08% | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $118.78B | 0.05% | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $115.81B | 0.32% | N/A | N/A | N/A |
| Uber Technologies, Inc. (UBER)vs › | $159.88B | 0.22% | N/A | N/A | N/A |
| Salesforce, Inc. (CRM)vs › | $161.73B | 0.39% | N/A | N/A | N/A |
| Accenture plc (ACN)vs › | $110.04B | 0.12% | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $108.92B | 0.55% | N/A | N/A | N/A |
| Automatic Data Processing, Inc. (ADP)vs › | $108.36B | 0.08% | N/A | N/A | N/A |
Debt/Assets
28.5%
Debt/Equity
0.75
Current Ratio
1.81
Interest Coverage
6.9x
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 | 28.46% |
| 2026-03-31 | 28.71% |
| 2025-12-31 | 33.00% |
| 2025-09-30 | 30.70% |
| 2025-06-30 | 29.57% |
| 2025-03-31 | 29.76% |
| 2024-12-31 | 29.17% |
| 2024-09-30 | 29.45% |
| 2024-06-30 | 30.16% |
| 2024-03-31 | 30.02% |
| 2023-12-31 | 29.77% |
| 2023-09-30 | 29.91% |
| 2023-06-30 | 29.86% |
| 2023-03-31 | 27.05% |
| 2022-12-31 | 26.50% |
| 2022-09-30 | 26.02% |
| 2022-06-30 | 25.48% |
| 2022-03-31 | 25.54% |
| 2021-12-31 | 25.96% |
| 2021-09-30 | 26.23% |
| 2021-06-30 | 27.14% |
| 2021-03-31 | 28.21% |
| 2020-12-31 | 28.27% |
| 2020-09-30 | 28.99% |
| 2020-06-30 | 30.85% |
| 2020-03-31 | 30.37% |
| 2019-12-31 | 28.56% |
| 2019-09-30 | 25.76% |
| 2019-06-30 | 25.56% |
| 2019-03-31 | 22.05% |
| 2018-12-31 | 21.81% |
| 2018-09-30 | 20.11% |
| 2018-06-30 | 20.47% |
| 2018-03-31 | 19.33% |
| 2017-12-31 | 18.66% |
| 2017-09-30 | 16.46% |
| 2017-06-30 | 14.13% |
| 2017-03-31 | 13.87% |
| 2016-12-31 | 13.99% |
| 2016-09-30 | 13.62% |
| 2016-06-30 | 13.69% |
| 2016-03-31 | 15.88% |
| 2015-12-31 | 15.63% |
| 2015-09-30 | 13.90% |
| 2015-06-30 | 13.42% |
| 2015-03-31 | 11.16% |
| 2014-12-31 | 10.85% |
| 2014-09-30 | 12.35% |
| 2014-06-30 | 12.36% |
| 2014-03-31 | 12.50% |
| 2013-12-31 | 11.56% |
| 2013-09-30 | 9.89% |
| 2013-06-30 | 10.19% |
| 2013-03-31 | 10.24% |
| 2012-12-31 | 11.77% |
| 2012-09-30 | 11.57% |
| 2012-06-30 | 11.33% |
| 2012-03-31 | 11.10% |
| 2011-12-31 | 8.59% |
| 2011-09-30 | 8.20% |
| 2011-06-30 | 8.17% |
| 2011-03-31 | 8.52% |
| 2010-12-31 | 8.98% |
| 2010-09-30 | 9.79% |
| 2010-06-30 | 8.66% |
| 2010-03-31 | 8.94% |
| 2009-12-31 | 9.41% |
| 2009-09-30 | 9.74% |
| 2009-06-30 | 10.29% |
| 2009-03-31 | 9.15% |
| 2008-12-31 | 8.34% |
| 2008-09-30 | 8.14% |
| 2008-06-30 | 8.08% |
| 2008-03-31 | 9.72% |
| 2007-12-31 | 10.10% |
| 2007-09-30 | 10.38% |
| 2007-06-30 | 10.89% |
| 2007-03-31 | 11.29% |
| 2006-12-31 | 13.13% |
| 2006-09-30 | 13.47% |
| 2006-06-30 | 12.27% |
| 2006-03-31 | 15.40% |
| 2005-12-31 | 16.17% |
| 2005-09-30 | 19.27% |
| 2005-06-30 | 21.19% |
| 2005-03-31 | 25.05% |
| 2004-12-31 | 27.72% |
| 2004-09-30 | 29.90% |
| 2004-06-30 | 24.54% |
| 2004-03-31 | 25.88% |
| 2003-12-31 | 26.17% |
| 2003-09-30 | 26.52% |
| 2003-06-30 | 29.91% |
| 2003-03-31 | 35.06% |
| 2002-12-31 | 36.08% |
| 2002-09-30 | 35.99% |
