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 18.83% is in line with its 5-year average of 19.76%, near the low end of its 5-year range (17.49%–24.43%).
As of the fiscal period ended Monday, March 31, 2025. 3.13% above its 12-month average of 18.25%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2025 (2025-03-31): 18.83%.
DEBT TO ASSETS RATIO
18.83%
DEBT TO ASSETS RATIO AVG TTM
18.25%
DEBT TO ASSETS RATIO AVG 3Y
18.45%
DEBT TO ASSETS RATIO AVG 5Y
19.76%
DEBT TO ASSETS RATIO AVG 10Y
21.12%
DEBT TO ASSETS RATIO AVG 15Y
17.26%
DEBT TO ASSETS RATIO AVG 20Y
14.04%
CURRENT VS TTM AVG
+3.13%
CURRENT VS 3Y AVG
+2.03%
CURRENT VS 5Y AVG
-4.74%
CURRENT VS 10Y AVG
-10.86%
CURRENT VS 15Y AVG
+9.06%
CURRENT VS 20Y AVG
+34.09%
Debt/Assets
18.8%
Debt/Equity
0.39
Current Ratio
1.49
Interest Coverage
3.6x
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 |
|---|---|
| 2025-03-31 | 18.83% |
| 2024-12-31 | 17.49% |
| 2024-09-30 | 18.31% |
| 2024-06-30 | 18.32% |
| 2024-03-31 | 18.33% |
| 2023-12-31 | 17.86% |
| 2023-09-30 | 17.85% |
| 2023-06-30 | 18.11% |
| 2023-03-31 | 18.49% |
| 2022-12-31 | 18.94% |
| 2022-09-30 | 19.15% |
| 2022-06-30 | 19.76% |
| 2022-03-31 | 20.19% |
| 2021-12-31 | 20.58% |
| 2021-09-30 | 21.18% |
| 2021-06-30 | 21.27% |
| 2021-03-31 | 21.23% |
| 2020-12-31 | 24.43% |
| 2020-09-30 | 21.55% |
| 2020-06-30 | 21.53% |
| 2020-03-31 | 21.68% |
| 2019-12-31 | 20.84% |
| 2019-09-30 | 21.15% |
| 2019-06-30 | 21.99% |
| 2019-03-31 | 21.52% |
| 2018-12-31 | 22.84% |
| 2018-09-30 | 23.50% |
| 2018-06-30 | 23.44% |
| 2018-03-31 | 23.54% |
| 2017-12-31 | 21.72% |
| 2017-09-30 | 21.93% |
| 2017-06-30 | 21.89% |
| 2017-03-31 | 22.15% |
| 2016-12-31 | 22.10% |
| 2016-09-30 | 23.32% |
| 2016-06-30 | 23.53% |
| 2016-03-31 | 23.91% |
| 2015-12-31 | 22.61% |
| 2015-09-30 | 22.91% |
| 2015-06-30 | 23.53% |
| 2015-03-31 | 22.48% |
| 2014-12-31 | 16.05% |
| 2014-09-30 | 14.10% |
| 2014-06-30 | 13.31% |
| 2014-03-31 | 13.87% |
| 2013-12-31 | 9.68% |
| 2013-09-30 | 9.80% |
| 2013-06-30 | 9.98% |
| 2013-03-31 | 10.16% |
| 2012-12-31 | 10.16% |
| 2012-09-30 | 10.03% |
| 2012-06-30 | 9.95% |
| 2012-03-31 | 11.17% |
| 2011-12-31 | 11.09% |
| 2011-09-30 | 11.44% |
| 2011-06-30 | 11.29% |
| 2011-03-31 | 11.35% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 1.24% |
| 2010-06-30 | 1.23% |
| 2010-03-31 | 1.21% |
| 2009-12-31 | 2.24% |
| 2009-09-30 | 2.34% |
| 2009-06-30 | 2.23% |
| 2009-03-31 | 1.14% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 5.66% |
| 2007-12-31 | 5.80% |
| 2007-09-30 | 6.15% |
| 2007-06-30 | 6.54% |
| 2007-03-31 | 5.35% |
| 2006-12-31 | 5.43% |
| 2006-09-30 | 5.55% |
| 2006-06-30 | 5.68% |
| 2006-03-31 | 4.98% |
| 2005-12-31 | 5.73% |
| 2005-09-30 | 6.26% |
| 2005-06-30 | 6.45% |
| 2005-03-31 | 6.69% |
| 2004-12-31 | 5.71% |
| 2004-09-30 | 6.62% |
| 2004-06-30 | 6.71% |
| 2004-03-31 | 22.19% |
| 2003-12-31 | 23.14% |
| 2003-09-30 | 34.53% |
| 2003-06-30 | 41.61% |
| 2003-03-31 | 35.85% |
| 2002-12-31 | 36.03% |
| 2002-09-30 | 35.95% |
| 2002-06-30 | 49.21% |
| 2002-03-31 | 49.55% |
| 2001-12-31 | 48.13% |
| 2001-09-30 | 50.73% |
| 2001-06-30 | 51.07% |
