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 49.65% is 126% above its 5-year average of 22.02%, near the high end of its 5-year range (0.11%–59.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.83% above its 12-month average of 42.87%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
49.65%
DEBT TO ASSETS RATIO AVG TTM
42.87%
DEBT TO ASSETS RATIO AVG 3Y
20.77%
DEBT TO ASSETS RATIO AVG 5Y
22.02%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+15.83%
CURRENT VS 3Y AVG
+139.08%
CURRENT VS 5Y AVG
+125.51%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 188 covered companies
CURRENT VS SECTOR MEDIAN
+26737.38%
vs the sector median at left
IREN Limited
Market Cap
$13.14B
Debt to Assets Ratio
49.65%
TTM Avg
42.87%
3Y Avg
20.77%
5Y Avg
22.02%
Market Cap
$12.75B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.61B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.73B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.75B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IREN Limited (IREN) | $13.14B | 49.65% | 42.87% | 20.77% | 22.02% |
| GoDaddy Inc. (GDDY)vs › | $13.31B | 0.48% | N/A | N/A | N/A |
| HubSpot, Inc. (HUBS)vs › | $12.86B | 0.07% | N/A | N/A | N/A |
| Onto Innovation Inc. (ONTO)vs › | $12.75B | 0.40% | N/A | N/A | N/A |
| Gartner, Inc. (IT)vs › | $12.72B | 0.41% | N/A | N/A | N/A |
| Manhattan Associates, Inc. (MANH)vs › | $12.61B | 0.08% | N/A | N/A | N/A |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.73B | 0.26% | N/A | N/A | N/A |
| Trimble Inc. (TRMB)vs › | $13.74B | 0.17% | N/A | N/A | N/A |
| Grab Holdings Limited (GRAB)vs › | $13.75B | 0.15% | N/A | N/A | N/A |
| DocuSign, Inc. (DOCU)vs › | $12.34B | 0.05% | N/A | N/A | N/A |
Debt/Assets
49.6%
Debt/Equity
1.87
Current Ratio
3.55
Interest Coverage
-17.7x
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 | 49.65% |
| 2026-03-31 | 54.58% |
| 2025-12-31 | 54.68% |
| 2025-09-30 | 22.63% |
| 2025-06-30 | 32.79% |
| 2025-03-31 | 16.29% |
| 2024-12-31 | 17.27% |
| 2024-09-30 | 0.20% |
| 2024-06-30 | 0.11% |
| 2024-03-31 | 0.24% |
| 2023-12-31 | 0.33% |
| 2023-06-30 | 0.44% |
| 2023-03-31 | 0.38% |
| 2022-12-31 | 27.18% |
| 2022-06-30 | 18.98% |
| 2022-03-31 | 11.45% |
| 2021-12-31 | 4.68% |
| 2021-09-30 | 59.62% |
| 2021-06-30 | 46.80% |
| 2020-12-31 | 72.07% |