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 31.84% is 19% below its 5-year average of 39.12%, near the low end of its 5-year range (29.79%–57.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.47% below its 12-month average of 33.33%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
31.84%
DEBT TO ASSETS RATIO AVG TTM
33.33%
DEBT TO ASSETS RATIO AVG 3Y
32.29%
DEBT TO ASSETS RATIO AVG 5Y
39.12%
DEBT TO ASSETS RATIO AVG 10Y
52.09%
DEBT TO ASSETS RATIO AVG 15Y
48.98%
DEBT TO ASSETS RATIO AVG 20Y
40.53%
CURRENT VS TTM AVG
-4.47%
CURRENT VS 3Y AVG
-1.40%
CURRENT VS 5Y AVG
-18.61%
CURRENT VS 10Y AVG
-38.87%
CURRENT VS 15Y AVG
-35.00%
CURRENT VS 20Y AVG
-21.43%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+11271.86%
vs the sector median at left
IDEXX Laboratories, Inc.
Market Cap
$41.16B
Debt to Assets Ratio
31.84%
TTM Avg
33.33%
3Y Avg
32.29%
5Y Avg
39.12%
Market Cap
$41.66B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.98B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.01B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.72B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | $41.16B | 31.84% | 33.33% | 32.29% | 39.12% |
| Agilent Technologies, Inc. (A)vs › | $41.66B | 0.28% | N/A | N/A | N/A |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $42.98B | 0.42% | N/A | N/A | N/A |
| IQVIA Holdings Inc. (IQV)vs › | $43.07B | 0.54% | N/A | N/A | N/A |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $35.01B | 0.23% | N/A | N/A | N/A |
| Alcon Inc. (ALC)vs › | $33.80B | 0.17% | N/A | N/A | N/A |
| Humana Inc. (HUM)vs › | $48.81B | 0.25% | N/A | N/A | N/A |
| Becton, Dickinson and Company (BDX)vs › | $49.72B | 0.33% | N/A | N/A | N/A |
| ResMed Inc. (RMD)vs › | $32.30B | 0.09% | N/A | N/A | N/A |
| Edwards Lifesciences Corporation (EW)vs › | $50.19B | 0.05% | N/A | N/A | N/A |
Debt/Assets
31.8%
Debt/Equity
0.68
Current Ratio
1.17
Interest Coverage
35.5x
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 | 31.84% |
| 2026-03-31 | 32.65% |
| 2025-12-31 | 32.15% |
| 2025-09-30 | 32.86% |
| 2025-06-30 | 37.15% |
| 2025-03-31 | 32.96% |
| 2024-12-31 | 29.97% |
| 2024-09-30 | 29.79% |
| 2024-06-30 | 31.27% |
| 2024-03-31 | 31.88% |
| 2023-12-31 | 32.74% |
| 2023-09-30 | 36.94% |
| 2023-06-30 | 40.16% |
| 2023-03-31 | 47.01% |
| 2022-12-31 | 53.52% |
| 2022-09-30 | 57.05% |
| 2022-06-30 | 57.41% |
| 2022-03-31 | 49.51% |
| 2021-12-31 | 42.30% |
| 2021-09-30 | 40.37% |
| 2021-06-30 | 41.98% |
| 2021-03-31 | 42.96% |
| 2020-12-31 | 43.72% |
| 2020-09-30 | 48.38% |
| 2020-06-30 | 56.42% |
| 2020-03-31 | 67.07% |
| 2019-12-31 | 58.41% |
| 2019-09-30 | 57.51% |
| 2019-06-30 | 64.13% |
| 2019-03-31 | 67.18% |
| 2018-12-31 | 65.07% |
| 2018-09-30 | 65.84% |
| 2018-06-30 | 68.40% |
| 2018-03-31 | 69.17% |
| 2017-12-31 | 73.60% |
| 2017-09-30 | 77.30% |
| 2017-06-30 | 79.71% |
| 2017-03-31 | 80.52% |
| 2016-12-31 | 78.66% |
| 2016-09-30 | 72.46% |
| 2016-06-30 | 77.62% |
| 2016-03-31 | 82.64% |
| 2015-12-31 | 79.33% |
| 2015-09-30 | 77.31% |
| 2015-06-30 | 74.25% |
| 2015-03-31 | 73.34% |
| 2014-12-31 | 64.95% |
| 2014-09-30 | 56.17% |
| 2014-06-30 | 41.61% |
| 2014-03-31 | 36.93% |
| 2013-12-31 | 34.81% |
| 2013-09-30 | 33.37% |
| 2013-06-30 | 31.74% |
| 2013-03-31 | 23.16% |
| 2012-12-31 | 19.44% |
| 2012-09-30 | 21.47% |
| 2012-06-30 | 23.14% |
| 2012-03-31 | 24.24% |
| 2011-12-31 | 23.91% |
| 2011-09-30 | 16.26% |
| 2011-06-30 | 14.35% |
| 2011-03-31 | 14.37% |
| 2010-12-31 | 14.86% |
| 2010-09-30 | 15.12% |
| 2010-06-30 | 16.62% |
| 2010-03-31 | 19.69% |
| 2009-12-31 | 15.32% |
| 2009-09-30 | 18.15% |
| 2009-06-30 | 20.07% |
| 2009-03-31 | 22.22% |
| 2008-12-31 | 20.44% |
| 2008-09-30 | 21.81% |
| 2008-06-30 | 21.45% |
| 2008-03-31 | 19.84% |
| 2007-12-31 | 11.21% |
| 2007-09-30 | 12.44% |
| 2007-06-30 | 14.01% |
| 2007-03-31 | 12.71% |
| 2006-12-31 | 1.27% |
| 2006-09-30 | 1.39% |
| 2006-06-30 | 1.49% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.11% |
| 2005-09-30 | 0.11% |
| 2005-06-30 | 0.11% |
| 2005-03-31 | 0.11% |
| 2004-12-31 | 0.35% |
| 2004-09-30 | 0.23% |
| 2004-06-30 | 0.23% |
| 2004-03-31 | 0.27% |
| 2003-12-31 | 0.25% |
| 2003-09-30 | 0.10% |
| 2003-06-30 | 0.10% |
| 2003-03-31 | 0.23% |
| 2002-12-31 | 0.24% |
| 2002-09-30 | 0.23% |