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 22.62% is 18% below its 5-year average of 27.74%, near the low end of its 5-year range (21.40%–33.45%).
As of the fiscal period ended Friday, July 31, 2026. 11.18% below its 12-month average of 25.47%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.62%
DEBT TO ASSETS RATIO AVG TTM
25.47%
DEBT TO ASSETS RATIO AVG 3Y
27.70%
DEBT TO ASSETS RATIO AVG 5Y
27.74%
DEBT TO ASSETS RATIO AVG 10Y
24.22%
DEBT TO ASSETS RATIO AVG 15Y
23.87%
DEBT TO ASSETS RATIO AVG 20Y
20.98%
CURRENT VS TTM AVG
-11.18%
CURRENT VS 3Y AVG
-18.33%
CURRENT VS 5Y AVG
-18.44%
CURRENT VS 10Y AVG
-6.59%
CURRENT VS 15Y AVG
-5.21%
CURRENT VS 20Y AVG
+7.82%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+12128.72%
vs the sector median at left
Market Cap
$28.35B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.13B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.03B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.94B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HP Inc. (HPQ) | $28.30B | 22.62% | 25.47% | 27.70% | 27.74% |
| Zoom Communications, Inc. (ZM)vs › | $28.35B | 0.00% | N/A | N/A | N/A |
| Teledyne Technologies Incorporated (TDY)vs › | $28.13B | 0.13% | N/A | N/A | N/A |
| ON Semiconductor Corporation (ON)vs › | $28.03B | 0.33% | N/A | N/A | N/A |
| MongoDB, Inc. (MDB)vs › | $28.73B | 0.01% | N/A | N/A | N/A |
| Okta, Inc. (OKTA)vs › | $27.72B | 0.01% | N/A | N/A | N/A |
| Fiserv, Inc. (FISV)vs › | $26.99B | 0.34% | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.94B | 0.10% | N/A | N/A | N/A |
| Corpay, Inc. (CPAY)vs › | $26.65B | 0.38% | N/A | N/A | N/A |
| Zscaler, Inc. (ZS)vs › | $26.31B | 0.24% | N/A | N/A | N/A |
Debt/Assets
22.6%
Debt/Equity
N/A
Current Ratio
0.79
Interest Coverage
7.2x
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 |
|---|---|
| 2026-07-31 | 22.62% |
| 2026-04-30 | 25.30% |
| 2026-01-31 | 26.33% |
| 2025-10-31 | 26.05% |
| 2025-07-31 | 27.04% |
| 2025-04-30 | 30.71% |
| 2025-01-31 | 28.01% |
| 2024-10-31 | 27.31% |
| 2024-07-31 | 28.40% |
| 2024-04-30 | 28.93% |
| 2024-01-31 | 30.50% |
| 2023-10-31 | 29.02% |
| 2023-07-31 | 29.88% |
| 2023-04-30 | 32.82% |
| 2023-01-31 | 33.45% |
| 2022-10-31 | 31.94% |
| 2022-07-31 | 31.11% |
| 2022-04-30 | 25.49% |
| 2022-01-31 | 21.40% |
| 2021-10-31 | 22.74% |
| 2021-07-31 | 23.42% |
| 2021-04-30 | 21.17% |
| 2021-01-31 | 21.23% |
| 2020-10-31 | 21.33% |
| 2020-07-31 | 21.66% |
| 2020-04-30 | 19.64% |
| 2020-01-31 | 19.05% |
| 2019-10-31 | 15.35% |
| 2019-07-31 | 15.61% |
| 2019-04-30 | 15.77% |
| 2019-01-31 | 15.40% |
| 2018-10-31 | 17.29% |
| 2018-07-31 | 20.97% |
| 2018-04-30 | 19.05% |
| 2018-01-31 | 22.33% |
| 2017-10-31 | 23.76% |
| 2017-07-31 | 24.44% |
| 2017-04-30 | 23.77% |
| 2017-01-31 | 24.08% |
| 2016-10-31 | 23.49% |
| 2016-07-31 | 25.11% |
| 2016-04-30 | 26.53% |
| 2016-01-31 | 25.58% |
| 2015-10-31 | 8.30% |
| 2015-07-31 | 23.83% |
| 2015-04-30 | 20.77% |
| 2015-01-31 | 18.90% |
| 2014-10-31 | 18.92% |
| 2014-07-31 | 19.22% |
| 2014-04-30 | 21.72% |
| 2014-01-31 | 23.42% |
| 2013-10-31 | 21.37% |
| 2013-07-31 | 23.39% |
| 2013-04-30 | 25.21% |
| 2013-01-31 | 26.45% |
| 2012-10-31 | 26.14% |
| 2012-07-31 | 25.30% |
| 2012-04-30 | 23.55% |
| 2012-01-31 | 24.41% |
| 2011-10-31 | 23.65% |
| 2011-07-31 | 20.57% |
| 2011-04-30 | 18.32% |
| 2011-01-31 | 17.01% |
| 2010-10-31 | 17.91% |
| 2010-07-31 | 16.70% |
| 2010-04-30 | 15.23% |
| 2010-01-31 | 13.97% |
| 2009-10-31 | 13.79% |
| 2009-07-31 | 15.47% |
| 2009-04-30 | 17.21% |
| 2009-01-31 | 18.66% |
| 2008-10-31 | 15.75% |
| 2008-07-31 | 10.66% |
| 2008-04-30 | 9.15% |
| 2008-01-31 | 8.25% |
| 2007-10-31 | 9.23% |
| 2007-07-31 | 10.11% |
| 2007-04-30 | 9.99% |
| 2007-01-31 | 7.10% |
| 2006-10-31 | 6.34% |
| 2006-07-31 | 8.55% |
| 2006-04-30 | 6.50% |
| 2006-01-31 | 6.78% |
| 2005-10-31 | 6.76% |
| 2005-07-31 | 7.65% |
| 2005-04-30 | 9.37% |
| 2005-01-31 | 9.60% |
| 2004-10-31 | 9.37% |
| 2004-07-31 | 9.57% |
| 2004-04-30 | 9.68% |
| 2004-01-31 | 10.07% |
| 2003-10-31 | 10.14% |
| 2003-07-31 | 10.88% |
| 2003-04-30 | 11.63% |
| 2003-01-31 | 12.79% |
| 2002-10-31 | 11.07% |
