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 1.56% is 16% above its 5-year average of 1.34%, near the high end of its 5-year range (0.89%–1.78%).
As of the fiscal period ended Saturday, June 27, 2026. 0.02% below its 12-month average of 1.56%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-27): 1.56%.
DEBT TO ASSETS RATIO
1.56%
DEBT TO ASSETS RATIO AVG TTM
1.56%
DEBT TO ASSETS RATIO AVG 3Y
1.38%
DEBT TO ASSETS RATIO AVG 5Y
1.34%
DEBT TO ASSETS RATIO AVG 10Y
0.90%
DEBT TO ASSETS RATIO AVG 15Y
0.60%
DEBT TO ASSETS RATIO AVG 20Y
0.44%
CURRENT VS TTM AVG
-0.02%
CURRENT VS 3Y AVG
+13.24%
CURRENT VS 5Y AVG
+16.26%
CURRENT VS 10Y AVG
+73.67%
CURRENT VS 15Y AVG
+160.50%
CURRENT VS 20Y AVG
+251.21%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+765.42%
vs the sector median at left
Market Cap
$56.47B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.87B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.92B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$59.67B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Garmin Ltd. (GRMN) | $54.51B | 1.56% | 1.56% | 1.38% | 1.34% |
| Nebius Group N.V. (NBIS)vs › | $53.89B | 0.36% | N/A | N/A | N/A |
| United Microelectronics Corporation (UMC)vs › | $56.47B | 0.08% | N/A | N/A | N/A |
| Keysight Technologies, Inc. (KEYS)vs › | $57.87B | 0.23% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $49.92B | 0.00% | N/A | N/A | N/A |
| Teradyne, Inc. (TER)vs › | $59.37B | 0.02% | N/A | N/A | N/A |
| Ciena Corporation (CIEN)vs › | $49.48B | 0.03% | N/A | N/A | N/A |
| NXP Semiconductors N.V. (NXPI)vs › | $59.67B | 0.41% | N/A | N/A | N/A |
| Coherent, Inc. (COHR)vs › | $59.74B | 0.19% | N/A | N/A | N/A |
| Workday, Inc. (WDAY)vs › | $48.64B | 0.24% | N/A | N/A | N/A |
Debt/Assets
1.6%
Debt/Equity
0.02
Current Ratio
3.03
Interest Coverage
N/A
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 |
|---|---|
| 2026-06-27 | 1.56% |
| 2026-03-28 | 1.53% |
| 2025-12-27 | 1.78% |
| 2025-09-27 | 1.48% |
| 2025-06-28 | 1.44% |
| 2025-03-29 | 1.43% |
| 2024-12-31 | 1.40% |
| 2024-09-28 | 1.17% |
| 2024-06-29 | 1.15% |
| 2024-03-30 | 1.23% |
| 2023-12-31 | 1.31% |
| 2023-09-30 | 1.39% |
| 2023-07-01 | 1.41% |
| 2023-04-01 | 1.44% |
| 2022-12-31 | 1.48% |
| 2022-09-24 | 1.31% |
| 2022-06-25 | 1.37% |
| 2022-03-26 | 1.07% |
| 2021-12-31 | 0.89% |
| 2021-09-25 | 0.94% |
| 2021-06-26 | 1.00% |
| 2021-03-27 | 1.07% |
| 2020-12-31 | 1.08% |
| 2020-09-26 | 0.89% |
| 2020-06-27 | 0.96% |
| 2020-03-28 | 0.87% |
| 2019-12-31 | 0.80% |
| 2019-09-28 | 0.74% |
| 2019-06-29 | 0.84% |
| 2019-03-30 | 0.82% |
| 2018-12-31 | 0.00% |
| 2018-09-29 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-07-01 | 0.00% |
| 2017-04-01 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-24 | 0.00% |
| 2016-06-25 | 0.00% |
| 2016-03-26 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-26 | 0.00% |
| 2015-06-27 | 0.00% |
| 2015-03-28 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-27 | 0.00% |
| 2014-06-28 | 0.00% |
| 2014-03-29 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-28 | 0.00% |
| 2013-06-29 | 0.00% |
| 2013-03-30 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-29 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-24 | 0.00% |
| 2011-06-25 | 0.00% |
| 2011-03-26 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-25 | 0.00% |
| 2010-06-26 | 0.00% |
| 2010-03-27 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-26 | 0.00% |
| 2009-06-27 | 0.00% |
| 2009-03-28 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-27 | 0.00% |
| 2008-06-28 | 0.00% |
| 2008-03-29 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-29 | 0.02% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.01% |
| 2006-12-31 | 0.01% |
| 2006-09-30 | 0.00% |
| 2006-07-01 | 0.00% |
| 2006-04-01 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-24 | 0.00% |
| 2005-06-25 | 0.00% |
| 2005-03-26 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-25 | 0.00% |
| 2004-06-26 | 0.00% |
| 2004-03-27 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-27 | 0.00% |
| 2003-06-28 | 0.00% |
| 2003-03-29 | 2.71% |
| 2002-12-31 | 2.86% |
| 2002-09-28 | 3.18% |
