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 8.35% is 89% below its 5-year average of 72.77%, near the low end of its 5-year range (8.35%–82.67%).
As of the fiscal period ended Tuesday, June 30, 2026. 87.25% below its 12-month average of 65.52%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
8.35%
DEBT TO ASSETS RATIO AVG TTM
65.52%
DEBT TO ASSETS RATIO AVG 3Y
76.36%
DEBT TO ASSETS RATIO AVG 5Y
76.03%
DEBT TO ASSETS RATIO AVG 10Y
79.85%
DEBT TO ASSETS RATIO AVG 15Y
86.17%
DEBT TO ASSETS RATIO AVG 20Y
91.29%
CURRENT VS TTM AVG
-87.25%
CURRENT VS 3Y AVG
-89.06%
CURRENT VS 5Y AVG
-89.01%
CURRENT VS 10Y AVG
-89.54%
CURRENT VS 15Y AVG
-90.31%
CURRENT VS 20Y AVG
-90.85%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+2780.29%
vs the sector median at left
HCA Healthcare, Inc.
Market Cap
$87.16B
Debt to Assets Ratio
8.35%
TTM Avg
65.52%
3Y Avg
76.36%
5Y Avg
76.03%
Market Cap
$78.57B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$100.24B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$69.46B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HCA Healthcare, Inc. (HCA) | $87.16B | 8.35% | 65.52% | 76.36% | 76.03% |
| Elevance Health Inc. (ELV)vs › | $81.51B | 0.27% | N/A | N/A | N/A |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $78.57B | 0.07% | N/A | N/A | N/A |
| McKesson Corporation (MCK)vs › | $100.24B | 0.10% | N/A | N/A | N/A |
| Cigna Corporation (CI)vs › | $73.82B | 0.20% | N/A | N/A | N/A |
| GSK plc (GSK)vs › | $103.56B | 0.29% | N/A | N/A | N/A |
| Boston Scientific Corporation (BSX)vs › | $69.46B | 0.28% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $109.30B | 0.30% | N/A | N/A | N/A |
| Cencora, Inc. (COR)vs › | $60.57B | 0.14% | N/A | N/A | N/A |
| Becton, Dickinson and Company (BDX)vs › | $60.00B | 0.35% | N/A | N/A | N/A |
Debt/Assets
8.4%
Debt/Equity
-8.33
Current Ratio
0.83
Interest Coverage
5.3x
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 | 8.35% |
| 2026-03-31 | 81.11% |
| 2025-12-31 | 82.67% |
| 2025-09-30 | 77.58% |
| 2025-06-30 | 77.88% |
| 2025-03-31 | 77.65% |
| 2024-12-31 | 76.01% |
| 2024-09-30 | 75.50% |
| 2024-06-30 | 74.55% |
| 2024-03-31 | 73.91% |
| 2023-12-31 | 74.47% |
| 2023-09-30 | 75.33% |
| 2023-06-30 | 76.01% |
| 2023-03-31 | 76.97% |
| 2022-12-31 | 76.66% |
| 2022-09-30 | 76.67% |
| 2022-06-30 | 78.90% |
| 2022-03-31 | 75.63% |
| 2021-12-31 | 72.38% |
| 2021-09-30 | 68.68% |
| 2021-06-30 | 71.30% |
| 2021-03-31 | 69.38% |
| 2020-12-31 | 69.61% |
| 2020-09-30 | 63.90% |
| 2020-06-30 | 66.67% |
| 2020-03-31 | 80.05% |
| 2019-12-31 | 78.94% |
| 2019-09-30 | 81.26% |
| 2019-06-30 | 82.85% |
| 2019-03-31 | 83.70% |
| 2018-12-31 | 83.71% |
| 2018-09-30 | 87.02% |
| 2018-06-30 | 87.94% |
| 2018-03-31 | 89.25% |
| 2017-12-31 | 90.34% |
| 2017-09-30 | 92.23% |
| 2017-06-30 | 91.60% |
| 2017-03-31 | 93.25% |
| 2016-12-31 | 92.94% |
| 2016-09-30 | 94.91% |
| 2016-06-30 | 94.72% |
| 2016-03-31 | 93.22% |
| 2015-12-31 | 93.11% |
| 2015-09-30 | 93.28% |
| 2015-06-30 | 93.78% |
| 2015-03-31 | 94.10% |
| 2014-12-31 | 94.32% |
| 2014-09-30 | 95.46% |
| 2014-06-30 | 97.20% |
| 2014-03-31 | 97.03% |
| 2013-12-31 | 98.42% |
| 2013-09-30 | 99.94% |
| 2013-06-30 | 100.95% |
| 2013-03-31 | 102.60% |
| 2012-12-31 | 103.05% |
| 2012-09-30 | 98.65% |
| 2012-05-30 | 99.66% |
| 2012-03-31 | 102.81% |
| 2011-12-31 | 100.57% |
| 2011-09-30 | 111.95% |
| 2011-06-30 | 106.04% |
| 2011-03-31 | 106.54% |
| 2010-12-31 | 118.33% |
| 2010-09-30 | 112.15% |
| 2010-06-30 | 114.42% |
| 2010-03-31 | 111.47% |
| 2009-12-31 | 106.38% |
| 2009-09-30 | 107.44% |
| 2009-06-30 | 109.50% |
| 2009-03-31 | 109.40% |
| 2008-12-31 | 111.16% |
| 2008-09-30 | 113.65% |
| 2008-06-30 | 114.73% |
| 2008-03-31 | 112.24% |
| 2007-12-31 | 113.66% |
| 2007-09-30 | 115.85% |
| 2007-06-30 | 118.53% |
| 2007-03-31 | 118.02% |
| 2006-12-31 | 119.99% |
| 2006-09-30 | 49.05% |
| 2006-06-30 | 50.45% |
| 2006-03-31 | 50.47% |
| 2005-12-31 | 47.13% |
| 2005-09-30 | 42.10% |
| 2005-06-30 | 43.10% |
| 2005-03-31 | 45.45% |
| 2004-12-31 | 49.06% |
| 2004-09-30 | 38.80% |
| 2004-06-30 | 40.94% |
| 2004-03-31 | 41.27% |
| 2003-12-31 | 41.34% |
| 2003-09-30 | 42.53% |
| 2003-06-30 | 40.92% |
| 2003-03-31 | 38.80% |
| 2002-12-31 | 37.05% |
| 2002-09-30 | 39.73% |
