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 42.91% is in line with its 5-year average of 43.89%, around the middle of its 5-year range (40.72%–46.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.73% below its 12-month average of 44.58%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
42.91%
DEBT TO ASSETS RATIO AVG TTM
44.58%
DEBT TO ASSETS RATIO AVG 3Y
44.76%
DEBT TO ASSETS RATIO AVG 5Y
43.89%
DEBT TO ASSETS RATIO AVG 10Y
42.33%
DEBT TO ASSETS RATIO AVG 15Y
38.95%
DEBT TO ASSETS RATIO AVG 20Y
35.96%
CURRENT VS TTM AVG
-3.73%
CURRENT VS 3Y AVG
-4.11%
CURRENT VS 5Y AVG
-2.22%
CURRENT VS 10Y AVG
+1.39%
CURRENT VS 15Y AVG
+10.19%
CURRENT VS 20Y AVG
+19.35%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+23096.84%
vs the sector median at left
International Business Machines Corporation
Market Cap
$218.09B
Debt to Assets Ratio
42.91%
TTM Avg
44.58%
3Y Avg
44.76%
5Y Avg
43.89%
Market Cap
$213.75B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$206.84B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$205.34B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$235.25B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$200.38B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Business Machines Corporation (IBM) | $218.09B | 42.91% | 44.58% | 44.76% | 43.89% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.75B | 0.07% | N/A | N/A | N/A |
| Seagate Technology Holdings plc (STX)vs › | $206.84B | 0.39% | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $205.34B | 0.42% | N/A | N/A | N/A |
| Salesforce, Inc. (CRM)vs › | $201.57B | 0.38% | N/A | N/A | N/A |
| Texas Instruments Incorporated (TXN)vs › | $235.25B | 0.39% | N/A | N/A | N/A |
| Marvell Technology, Inc. (MRVL)vs › | $200.38B | 0.19% | N/A | N/A | N/A |
| SAP SE (SAP)vs › | $244.62B | 0.13% | N/A | N/A | N/A |
| KLA Corporation (KLAC)vs › | $245.59B | 0.34% | N/A | N/A | N/A |
| Arista Networks, Inc. (ANET)vs › | $249.77B | 0.00% | N/A | N/A | N/A |
Debt/Assets
42.9%
Debt/Equity
1.89
Current Ratio
0.79
Interest Coverage
6.5x
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 | 42.91% |
| 2026-03-31 | 44.68% |
| 2025-12-31 | 44.22% |
| 2025-09-30 | 45.50% |
| 2025-06-30 | 45.58% |
| 2025-03-31 | 45.88% |
| 2024-12-31 | 42.57% |
| 2024-09-30 | 44.76% |
| 2024-06-30 | 44.71% |
| 2024-03-31 | 45.83% |
| 2023-12-31 | 44.32% |
| 2023-09-30 | 45.26% |
| 2023-06-30 | 45.61% |
| 2023-03-31 | 46.15% |
| 2022-12-31 | 42.45% |
| 2022-09-30 | 42.77% |
| 2022-06-30 | 41.86% |
| 2022-03-31 | 43.18% |
| 2021-12-31 | 41.77% |
| 2021-09-30 | 40.90% |
| 2021-06-30 | 40.72% |
| 2021-03-31 | 41.12% |
| 2020-12-31 | 41.73% |
| 2020-09-30 | 45.67% |
| 2020-06-30 | 45.24% |
| 2020-03-31 | 45.27% |
| 2019-12-31 | 44.79% |
| 2019-09-30 | 47.78% |
| 2019-06-30 | 50.63% |
| 2019-03-31 | 41.92% |
| 2018-12-31 | 37.13% |
| 2018-09-30 | 38.46% |
| 2018-06-30 | 37.41% |
| 2018-03-31 | 37.03% |
| 2017-12-31 | 37.35% |
| 2017-09-30 | 37.51% |
| 2017-06-30 | 37.90% |
| 2017-03-31 | 36.41% |
| 2016-12-31 | 35.90% |
| 2016-09-30 | 36.75% |
| 2016-06-30 | 37.72% |
| 2016-03-31 | 38.33% |
| 2015-12-31 | 36.10% |
| 2015-09-30 | 36.50% |
| 2015-06-30 | 34.30% |
| 2015-03-31 | 34.66% |
| 2014-12-31 | 34.72% |
| 2014-09-30 | 38.43% |
| 2014-06-30 | 37.38% |
| 2014-03-31 | 35.86% |
| 2013-12-31 | 31.47% |
| 2013-09-30 | 30.70% |
| 2013-06-30 | 29.63% |
| 2013-03-31 | 28.48% |
| 2012-12-31 | 27.91% |
| 2012-09-30 | 29.08% |
| 2012-06-30 | 28.49% |
| 2012-03-31 | 27.79% |
| 2011-12-31 | 26.90% |
| 2011-09-30 | 27.38% |
| 2011-06-30 | 26.24% |
| 2011-03-31 | 26.79% |
| 2010-12-31 | 25.23% |
| 2010-09-30 | 25.62% |
| 2010-06-30 | 25.77% |
| 2010-03-31 | 25.02% |
| 2009-12-31 | 23.94% |
| 2009-09-30 | 24.57% |
| 2009-06-30 | 28.34% |
| 2009-03-31 | 30.39% |
| 2008-12-31 | 30.98% |
| 2008-09-30 | 29.69% |
| 2008-06-30 | 28.31% |
| 2008-03-31 | 28.88% |
| 2007-12-31 | 29.29% |
| 2007-09-30 | 32.52% |
| 2007-06-30 | 33.86% |
| 2007-03-31 | 23.56% |
| 2006-12-31 | 21.97% |
| 2006-09-30 | 21.11% |
| 2006-06-30 | 21.07% |
| 2006-03-31 | 21.94% |
| 2005-12-31 | 21.41% |
| 2005-09-30 | 21.21% |
| 2005-06-30 | 22.94% |
| 2005-03-31 | 22.32% |
| 2004-12-31 | 21.00% |
| 2004-09-30 | 21.80% |
| 2004-06-30 | 22.02% |
| 2004-03-31 | 23.24% |
| 2003-12-31 | 22.62% |
| 2003-09-30 | 23.69% |
| 2003-06-30 | 24.60% |
| 2003-03-31 | 26.96% |
| 2002-12-31 | 26.97% |
| 2002-09-30 | 30.66% |
