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 29.54% is in line with its 5-year average of 31.30%, around the middle of its 5-year range (24.83%–36.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.43% above its 12-month average of 29.41%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 29.54%.
DEBT TO ASSETS RATIO
29.54%
DEBT TO ASSETS RATIO AVG TTM
29.41%
DEBT TO ASSETS RATIO AVG 3Y
29.43%
DEBT TO ASSETS RATIO AVG 5Y
31.30%
DEBT TO ASSETS RATIO AVG 10Y
32.46%
DEBT TO ASSETS RATIO AVG 15Y
36.11%
DEBT TO ASSETS RATIO AVG 20Y
35.40%
CURRENT VS TTM AVG
+0.43%
CURRENT VS 3Y AVG
+0.37%
CURRENT VS 5Y AVG
-5.61%
CURRENT VS 10Y AVG
-9.00%
CURRENT VS 15Y AVG
-18.19%
CURRENT VS 20Y AVG
-16.56%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+10265.25%
vs the sector median at left
Market Cap
$101.46B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$81.19B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GSK plc (GSK) | $98.65B | 29.54% | 29.41% | 29.43% | 31.30% |
| Sanofi (SNY)vs › | $98.71B | 0.18% | N/A | N/A | N/A |
| McKesson Corporation (MCK)vs › | $101.46B | 0.13% | N/A | N/A | N/A |
| HCA Healthcare, Inc. (HCA)vs › | $94.31B | 0.81% | N/A | N/A | N/A |
| Stryker Corporation (SYK)vs › | $104.41B | 0.31% | N/A | N/A | N/A |
| Elevance Health Inc. (ELV)vs › | $85.90B | 0.25% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $113.46B | 0.30% | N/A | N/A | N/A |
| CVS Health Corp. (CVS)vs › | $113.72B | 0.30% | N/A | N/A | N/A |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $81.19B | 0.05% | N/A | N/A | N/A |
| Moderna, Inc. (MRNA)vs › | $78.91B | 0.12% | N/A | N/A | N/A |
Debt/Assets
29.5%
Debt/Equity
1.03
Current Ratio
0.82
Interest Coverage
12.1x
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 |
|---|---|
| 2026-06-30 | 29.54% |
| 2026-03-31 | 30.31% |
| 2025-12-31 | 28.99% |
| 2025-09-30 | 28.94% |
| 2025-06-30 | 29.29% |
| 2025-03-31 | 30.36% |
| 2024-12-31 | 28.57% |
| 2024-09-30 | 27.66% |
| 2024-06-30 | 29.18% |
| 2024-03-31 | 30.37% |
| 2023-12-31 | 30.54% |
| 2023-09-30 | 34.23% |
| 2023-06-30 | 36.11% |
| 2023-03-31 | 35.68% |
| 2022-12-31 | 34.89% |
| 2022-09-30 | 36.67% |
| 2022-06-30 | 24.83% |
| 2022-03-31 | 34.89% |
| 2021-12-31 | 30.56% |
| 2021-09-30 | 32.54% |
| 2021-06-30 | 33.09% |
| 2021-03-31 | 33.58% |
| 2020-12-31 | 33.76% |
| 2020-09-30 | 34.91% |
| 2020-06-30 | 37.44% |
| 2020-03-31 | 37.93% |
| 2019-12-31 | 38.28% |
| 2019-09-30 | 39.70% |
| 2019-06-30 | 52.58% |
| 2019-03-31 | 50.92% |
| 2018-12-31 | 44.89% |
| 2018-09-30 | 47.28% |
| 2018-06-30 | 48.69% |
| 2018-03-31 | 31.08% |
| 2017-12-31 | 30.31% |
| 2017-09-30 | 32.38% |
| 2017-06-30 | 32.41% |
| 2017-03-31 | 30.96% |
| 2016-12-31 | 31.80% |
| 2016-09-30 | 32.94% |
| 2016-06-30 | 33.98% |
| 2016-03-31 | 31.17% |
| 2015-12-31 | 31.12% |
| 2015-09-30 | 31.12% |
| 2015-06-30 | 31.72% |
| 2015-03-31 | 31.83% |
| 2014-12-31 | 46.21% |
| 2014-09-30 | 47.04% |
| 2014-06-30 | 45.43% |
| 2014-03-31 | 43.42% |
| 2013-12-31 | 43.35% |
| 2013-09-30 | 44.77% |
| 2013-06-30 | 44.30% |
| 2013-03-31 | 45.05% |
| 2012-12-31 | 44.13% |
| 2012-09-30 | 43.22% |
| 2012-06-30 | 40.58% |
| 2012-03-31 | 36.06% |
| 2011-12-31 | 36.27% |
| 2011-09-30 | 36.42% |
| 2011-06-30 | 36.28% |
| 2011-03-31 | 35.43% |
| 2010-12-31 | 35.76% |
| 2010-09-30 | 35.73% |
| 2010-06-30 | 35.54% |
| 2010-03-31 | 36.48% |
| 2009-12-31 | 37.93% |
| 2009-09-30 | 40.83% |
| 2009-06-30 | 39.63% |
| 2009-03-31 | 41.83% |
| 2008-12-31 | 41.09% |
| 2008-09-30 | 41.90% |
| 2008-06-30 | 42.20% |
| 2008-03-31 | 32.66% |
| 2007-12-31 | 34.10% |
| 2007-09-30 | 24.86% |
| 2007-06-30 | 23.10% |
| 2007-03-31 | 22.71% |
| 2006-12-31 | 21.48% |
| 2006-09-30 | 21.29% |
| 2006-06-30 | 20.51% |
| 2006-03-31 | 21.99% |
| 2005-12-31 | 27.08% |
| 2005-09-30 | 25.79% |
| 2005-06-30 | 27.20% |
| 2005-03-31 | 24.52% |
| 2004-12-31 | 26.41% |
| 2004-09-30 | 27.34% |
| 2004-06-30 | 27.07% |
| 2004-03-31 | 23.98% |
| 2003-12-31 | 21.28% |
| 2003-09-30 | 24.42% |
| 2003-06-30 | 21.98% |
| 2003-03-31 | 18.90% |
| 2002-12-31 | 20.80% |
| 2002-09-30 | 20.40% |
