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 42.72% is 12% above its 5-year average of 38.18%, near the high end of its 5-year range (35.08%–42.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.55% above its 12-month average of 37.29%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
42.72%
DEBT TO ASSETS RATIO AVG TTM
37.29%
DEBT TO ASSETS RATIO AVG 3Y
37.42%
DEBT TO ASSETS RATIO AVG 5Y
38.18%
DEBT TO ASSETS RATIO AVG 10Y
34.06%
DEBT TO ASSETS RATIO AVG 15Y
24.73%
DEBT TO ASSETS RATIO AVG 20Y
19.15%
CURRENT VS TTM AVG
+14.55%
CURRENT VS 3Y AVG
+14.14%
CURRENT VS 5Y AVG
+11.87%
CURRENT VS 10Y AVG
+25.41%
CURRENT VS 15Y AVG
+72.74%
CURRENT VS 20Y AVG
+123.04%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+38732.27%
vs the sector median at left
Mastercard Incorporated
Market Cap
$498.68B
Debt to Assets Ratio
42.72%
TTM Avg
37.29%
3Y Avg
37.42%
5Y Avg
38.18%
Market Cap
$512.68B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$445.20B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$678.10B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$306.41B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$268.14B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mastercard Incorporated (MA) | $498.68B | 42.72% | 37.29% | 37.42% | 38.18% |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $512.68B | N/A | N/A | N/A | N/A |
| Bank of America Corporation (BAC)vs › | $445.20B | 0.21% | N/A | N/A | N/A |
| Morgan Stanley (MS)vs › | $343.63B | 0.31% | N/A | N/A | N/A |
| Vanguard Total International Stock ETF (VXUS)vs › | $678.10B | N/A | N/A | N/A | N/A |
| Visa Inc. (V)vs › | $688.26B | 0.25% | N/A | N/A | N/A |
| The Goldman Sachs Group, Inc. (GS)vs › | $306.41B | 0.35% | N/A | N/A | N/A |
| Wells Fargo & Company (WFC)vs › | $268.14B | 0.20% | N/A | N/A | N/A |
| Citigroup Inc. (C)vs › | $236.20B | 0.28% | N/A | N/A | N/A |
| American Express Company (AXP)vs › | $221.38B | 0.19% | N/A | N/A | N/A |
Debt/Assets
42.7%
Debt/Equity
4.39
Current Ratio
1.06
Interest Coverage
27.0x
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 |
|---|---|
| 2026-06-30 | 42.72% |
| 2026-03-31 | 36.15% |
| 2025-12-31 | 35.08% |
| 2025-09-30 | 35.62% |
| 2025-06-30 | 36.88% |
| 2025-03-31 | 38.79% |
| 2024-12-31 | 37.91% |
| 2024-09-30 | 38.86% |
| 2024-06-30 | 36.86% |
| 2024-03-31 | 36.69% |
| 2023-12-31 | 36.94% |
| 2023-09-30 | 39.23% |
| 2023-06-30 | 40.05% |
| 2023-03-31 | 39.98% |
| 2022-12-31 | 36.21% |
| 2022-09-30 | 38.64% |
| 2022-06-30 | 39.97% |
| 2022-03-31 | 39.41% |
| 2021-12-31 | 36.90% |
| 2021-09-30 | 39.14% |
| 2021-06-30 | 39.81% |
| 2021-03-31 | 39.86% |
| 2020-12-31 | 37.73% |
| 2020-09-30 | 39.80% |
| 2020-06-30 | 38.90% |
| 2020-03-31 | 40.67% |
| 2019-12-31 | 29.17% |
| 2019-09-30 | 29.77% |
| 2019-06-30 | 31.56% |
| 2019-03-31 | 26.78% |
| 2018-12-31 | 25.48% |
| 2018-09-30 | 27.24% |
| 2018-06-30 | 26.07% |
| 2018-03-31 | 28.19% |
| 2017-12-31 | 25.43% |
| 2017-09-30 | 25.79% |
| 2017-06-30 | 26.85% |
| 2017-03-31 | 28.09% |
| 2016-12-31 | 27.74% |
| 2016-09-30 | 19.20% |
| 2016-06-30 | 20.30% |
| 2016-03-31 | 20.96% |
| 2015-12-31 | 20.11% |
| 2015-09-30 | 10.22% |
| 2015-06-30 | 9.79% |
| 2015-03-31 | 10.22% |
| 2014-12-31 | 9.75% |
| 2014-09-30 | 10.19% |
| 2014-06-30 | 10.39% |
| 2014-03-31 | 10.09% |
| 2013-12-31 | 0.25% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.01% |
| 2010-06-30 | 0.26% |
| 2010-03-31 | 0.29% |
| 2009-12-31 | 0.29% |
| 2009-09-30 | 0.31% |
| 2009-06-30 | 0.29% |
| 2009-03-31 | 0.29% |
| 2008-12-31 | 2.61% |
| 2008-09-30 | 2.32% |
| 2008-06-30 | 2.49% |
| 2008-03-31 | 3.58% |
| 2007-12-31 | 3.67% |
| 2007-09-30 | 3.74% |
| 2007-06-30 | 4.10% |
| 2007-03-31 | 4.41% |
| 2006-12-31 | 4.52% |
| 2006-09-30 | 4.71% |
| 2006-06-30 | 4.95% |
| 2006-03-31 | 6.19% |
| 2005-12-31 | 6.20% |
| 2005-09-30 | 6.24% |
| 2005-06-30 | 6.84% |
| 2005-03-31 | 7.08% |
| 2004-12-31 | 7.03% |
| 2004-09-30 | 7.49% |
| 2004-06-30 | 7.81% |
| 2004-03-31 | 8.12% |
| 2003-12-31 | 7.91% |
| 2003-09-30 | 33.91% |
| 2003-06-30 | 34.98% |
| 2003-03-31 | 37.31% |
| 2002-12-31 | 3.54% |
| 2002-09-30 | 3.69% |
