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 22.87% is 58% below its 5-year average of 54.58%, near the low end of its 5-year range (22.87%–71.11%).
As of the fiscal period ended Saturday, June 27, 2026. 58.05% below its 12-month average of 54.51%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-27): 22.87%.
DEBT TO ASSETS RATIO
22.87%
DEBT TO ASSETS RATIO AVG TTM
54.51%
DEBT TO ASSETS RATIO AVG 3Y
64.85%
DEBT TO ASSETS RATIO AVG 5Y
54.58%
DEBT TO ASSETS RATIO AVG 10Y
40.16%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-58.05%
CURRENT VS 3Y AVG
-64.73%
CURRENT VS 5Y AVG
-58.10%
CURRENT VS 10Y AVG
-43.05%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+12605.36%
vs the sector median at left
Lumentum Holdings Inc.
Market Cap
$73.57B
Debt to Assets Ratio
22.87%
TTM Avg
54.51%
3Y Avg
64.85%
5Y Avg
54.58%
Market Cap
$75.81B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$67.83B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$80.83B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$64.28B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$83.43B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lumentum Holdings Inc. (LITE) | $73.57B | 22.87% | 54.51% | 64.85% | 54.58% |
| Motorola Solutions, Inc. (MSI)vs › | $75.81B | 0.50% | N/A | N/A | N/A |
| Synopsys, Inc. (SNPS)vs › | $78.36B | 0.23% | N/A | N/A | N/A |
| Monolithic Power Systems, Inc. (MPWR)vs › | $67.83B | 0.00% | N/A | N/A | N/A |
| Intuit Inc. (INTU)vs › | $79.97B | 0.23% | N/A | N/A | N/A |
| Hewlett Packard Enterprise Company (HPE)vs › | $80.83B | 0.24% | N/A | N/A | N/A |
| United Microelectronics Corporation (UMC)vs › | $64.28B | 0.08% | N/A | N/A | N/A |
| Cadence Design Systems, Inc. (CDNS)vs › | $83.43B | 0.21% | N/A | N/A | N/A |
| Teradyne, Inc. (TER)vs › | $62.33B | 0.02% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.30B | 0.00% | N/A | N/A | N/A |
Debt/Assets
22.9%
Debt/Equity
0.36
Current Ratio
1.68
Interest Coverage
24.1x
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 |
|---|---|
| 2026-06-27 | 22.87% |
| 2026-03-28 | 47.15% |
| 2025-12-27 | 69.62% |
| 2025-09-27 | 71.11% |
| 2025-06-28 | 61.82% |
| 2025-03-29 | 65.66% |
| 2024-12-28 | 65.76% |
| 2024-09-28 | 66.04% |
| 2024-06-29 | 65.10% |
| 2024-03-30 | 60.97% |
| 2023-12-30 | 62.04% |
| 2023-09-30 | 63.14% |
| 2023-06-30 | 62.04% |
| 2023-04-01 | 55.00% |
| 2022-12-31 | 54.14% |
| 2022-10-01 | 54.50% |
| 2022-06-30 | 46.51% |
| 2022-04-02 | 46.41% |
| 2022-01-01 | 35.38% |
| 2021-10-02 | 35.95% |
| 2021-06-30 | 34.91% |
| 2021-04-03 | 32.75% |
| 2020-12-26 | 35.05% |
| 2020-09-26 | 35.48% |
| 2020-06-30 | 36.12% |
| 2020-03-28 | 36.12% |
| 2019-12-28 | 36.43% |
| 2019-09-28 | 32.53% |
| 2019-06-30 | 30.97% |
| 2019-03-30 | 30.24% |
| 2018-12-29 | 29.96% |
| 2018-09-29 | 20.91% |
| 2018-06-30 | 21.62% |
| 2018-03-31 | 22.39% |
| 2017-12-30 | 22.42% |
| 2017-09-30 | 26.35% |
| 2017-06-30 | 25.75% |
| 2017-04-01 | 25.18% |
| 2016-12-31 | 0.00% |
| 2016-10-01 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-04-02 | 0.00% |
| 2015-12-26 | 0.00% |
| 2015-09-26 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-06-30 | 0.00% |