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 22.66% is in line with its 5-year average of 22.21%, around the middle of its 5-year range (15.98%–28.22%).
As of the fiscal period ended Friday, July 31, 2026. 12.39% above its 12-month average of 20.16%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.66%
DEBT TO ASSETS RATIO AVG TTM
20.16%
DEBT TO ASSETS RATIO AVG 3Y
21.50%
DEBT TO ASSETS RATIO AVG 5Y
22.21%
DEBT TO ASSETS RATIO AVG 10Y
19.12%
DEBT TO ASSETS RATIO AVG 15Y
17.49%
DEBT TO ASSETS RATIO AVG 20Y
18.20%
CURRENT VS TTM AVG
+12.39%
CURRENT VS 3Y AVG
+5.41%
CURRENT VS 5Y AVG
+2.02%
CURRENT VS 10Y AVG
+18.49%
CURRENT VS 15Y AVG
+29.57%
CURRENT VS 20Y AVG
+24.52%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+12149.08%
vs the sector median at left
Intuit Inc.
Market Cap
$86.26B
Debt to Assets Ratio
22.66%
TTM Avg
20.16%
3Y Avg
21.50%
5Y Avg
22.21%
Market Cap
$87.80B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.14B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.53B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.69B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.04B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intuit Inc. (INTU) | $86.26B | 22.66% | 20.16% | 21.50% | 22.21% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.80B | 0.28% | N/A | N/A | N/A |
| Cadence Design Systems, Inc. (CDNS)vs › | $79.14B | 0.21% | N/A | N/A | N/A |
| Lumentum Holdings Inc. (LITE)vs › | $77.53B | 0.23% | N/A | N/A | N/A |
| Motorola Solutions, Inc. (MSI)vs › | $76.69B | 0.50% | N/A | N/A | N/A |
| Synopsys, Inc. (SNPS)vs › | $76.07B | 0.23% | N/A | N/A | N/A |
| Datadog, Inc. (DDOG)vs › | $74.31B | 0.17% | N/A | N/A | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.04B | 0.24% | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $101.53B | 0.55% | N/A | N/A | N/A |
| Adobe Inc. (ADBE)vs › | $101.86B | 0.24% | N/A | N/A | N/A |
Debt/Assets
22.7%
Debt/Equity
0.44
Current Ratio
1.51
Interest Coverage
23.0x
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 | 22.66% |
| 2026-04-30 | 17.54% |
| 2026-01-31 | 21.98% |
| 2025-10-31 | 20.67% |
| 2025-07-31 | 17.96% |
| 2025-04-30 | 19.37% |
| 2025-01-31 | 21.75% |
| 2024-10-31 | 20.43% |
| 2024-07-31 | 20.44% |
| 2024-04-30 | 20.59% |
| 2024-01-31 | 21.91% |
| 2023-10-31 | 22.60% |
| 2023-07-31 | 24.08% |
| 2023-04-30 | 24.88% |
| 2023-01-31 | 28.22% |
| 2022-10-31 | 28.06% |
| 2022-07-31 | 27.19% |
| 2022-04-30 | 25.76% |
| 2022-01-31 | 27.51% |
| 2021-10-31 | 16.86% |
| 2021-07-31 | 15.98% |
| 2021-04-30 | 15.69% |
| 2021-01-31 | 19.32% |
| 2020-10-31 | 27.14% |
| 2020-07-31 | 33.26% |
| 2020-04-30 | 8.54% |
| 2020-01-31 | 11.25% |
| 2019-10-31 | 12.53% |
| 2019-07-31 | 6.94% |
| 2019-04-30 | 6.48% |
| 2019-01-31 | 7.74% |
| 2018-10-31 | 8.62% |
| 2018-07-31 | 8.46% |
| 2018-04-30 | 7.78% |
| 2018-01-31 | 22.52% |
| 2017-10-31 | 21.53% |
| 2017-07-31 | 12.00% |
| 2017-04-30 | 10.06% |
| 2017-01-31 | 26.30% |
| 2016-10-31 | 27.97% |
| 2016-07-31 | 23.53% |
| 2016-04-30 | 20.24% |
| 2016-01-31 | 28.63% |
| 2015-10-31 | 22.18% |
| 2015-07-31 | 10.06% |
| 2015-04-30 | 9.42% |
| 2015-01-31 | 9.51% |
| 2014-10-31 | 9.90% |
| 2014-07-31 | 9.58% |
| 2014-04-30 | 8.89% |
| 2014-01-31 | 10.58% |
| 2013-10-31 | 12.27% |
| 2013-07-31 | 9.10% |
| 2013-04-30 | 8.59% |
| 2013-01-31 | 9.81% |
| 2012-10-31 | 11.10% |
| 2012-07-31 | 10.65% |
| 2012-04-30 | 9.75% |
| 2012-01-31 | 23.90% |
| 2011-10-31 | 25.33% |
| 2011-07-31 | 23.27% |
| 2011-04-30 | 21.59% |
| 2011-01-31 | 24.16% |
| 2010-10-31 | 24.11% |
| 2010-07-31 | 22.24% |
| 2010-04-30 | 21.41% |
| 2010-01-31 | 24.45% |
| 2009-10-31 | 26.09% |
| 2009-07-31 | 24.56% |
| 2009-04-30 | 19.83% |
| 2009-01-31 | 25.47% |
| 2008-10-31 | 27.37% |
| 2008-07-31 | 21.39% |
| 2008-04-30 | 24.23% |
| 2008-01-31 | 22.83% |
| 2007-10-31 | 27.67% |
| 2007-07-31 | 23.47% |
| 2007-04-30 | 24.67% |
| 2007-01-31 | 0.61% |
| 2006-10-31 | 0.53% |
| 2006-07-31 | 0.56% |
| 2006-04-30 | 1.06% |
| 2006-01-31 | 1.23% |
| 2005-10-31 | 1.39% |
| 2005-07-31 | 0.78% |
| 2005-04-30 | 0.58% |
| 2005-01-31 | 0.58% |
| 2004-10-31 | 0.69% |
| 2004-07-31 | 0.61% |
| 2004-04-30 | 0.60% |
| 2004-01-31 | 0.66% |
| 2003-10-31 | 1.19% |
| 2003-07-31 | 1.05% |
| 2003-04-30 | 0.37% |
| 2003-01-31 | 0.55% |
| 2002-10-31 | 1.21% |
