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 37.47% is in line with its 5-year average of 41.45%, near the low end of its 5-year range (35.48%–52.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.24% below its 12-month average of 37.56%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
37.47%
DEBT TO ASSETS RATIO AVG TTM
37.56%
DEBT TO ASSETS RATIO AVG 3Y
37.35%
DEBT TO ASSETS RATIO AVG 5Y
41.45%
DEBT TO ASSETS RATIO AVG 10Y
45.51%
DEBT TO ASSETS RATIO AVG 15Y
41.83%
DEBT TO ASSETS RATIO AVG 20Y
34.62%
CURRENT VS TTM AVG
-0.24%
CURRENT VS 3Y AVG
+0.33%
CURRENT VS 5Y AVG
-9.60%
CURRENT VS 10Y AVG
-17.67%
CURRENT VS 15Y AVG
-10.41%
CURRENT VS 20Y AVG
+8.23%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+20154.98%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$40.38B
Debt to Assets Ratio
37.47%
TTM Avg
37.56%
3Y Avg
37.35%
5Y Avg
41.45%
Market Cap
$39.86B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.85B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $40.38B | 37.47% | 37.56% | 37.35% | 41.45% |
| Roper Technologies, Inc. (ROP)vs › | $39.86B | 0.32% | N/A | N/A | N/A |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.85B | 0.32% | N/A | N/A | N/A |
| Celestica Inc. (CLS)vs › | $37.68B | 0.08% | N/A | N/A | N/A |
| Veeva Systems Inc. (VEEV)vs › | $43.28B | 0.02% | N/A | N/A | N/A |
| NetApp, Inc. (NTAP)vs › | $36.91B | 0.23% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $44.83B | 0.29% | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $45.56B | 0.13% | N/A | N/A | N/A |
| Ubiquiti Inc. (UI)vs › | $35.04B | 0.04% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $46.51B | 0.15% | N/A | N/A | N/A |
Debt/Assets
37.5%
Debt/Equity
0.84
Current Ratio
1.92
Interest Coverage
2.2x
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 | 37.47% |
| 2026-03-31 | 38.52% |
| 2025-12-31 | 37.73% |
| 2025-09-30 | 37.41% |
| 2025-06-30 | 36.68% |
| 2025-03-31 | 36.85% |
| 2024-12-31 | 43.40% |
| 2024-09-30 | 41.34% |
| 2024-06-30 | 39.16% |
| 2024-03-31 | 38.00% |
| 2023-12-31 | 35.48% |
| 2023-09-30 | 36.79% |
| 2023-06-30 | 36.76% |
| 2023-03-31 | 40.32% |
| 2022-12-31 | 41.09% |
| 2022-09-30 | 45.45% |
| 2022-06-30 | 46.87% |
| 2022-03-31 | 48.46% |
| 2021-12-31 | 49.25% |
| 2021-09-30 | 50.79% |
| 2021-06-30 | 52.62% |
| 2021-03-31 | 55.04% |
| 2020-12-31 | 55.39% |
| 2020-09-30 | 54.96% |
| 2020-06-30 | 55.01% |
| 2020-03-31 | 55.21% |
| 2019-12-31 | 55.34% |
| 2019-09-30 | 55.74% |
| 2019-06-30 | 56.04% |
| 2019-03-31 | 56.17% |
| 2018-12-31 | 58.07% |
| 2018-09-30 | 58.32% |
| 2018-06-30 | 58.96% |
| 2018-03-31 | 37.16% |
| 2017-12-31 | 37.42% |
| 2017-09-30 | 37.46% |
| 2017-06-30 | 37.97% |
| 2017-03-31 | 38.43% |
| 2016-12-31 | 43.73% |
| 2016-09-30 | 43.90% |
| 2016-06-30 | 45.34% |
| 2016-03-31 | 44.07% |
| 2015-12-31 | 44.18% |
| 2015-09-30 | 46.45% |
| 2015-06-30 | 38.27% |
| 2015-03-31 | 38.21% |
| 2014-12-31 | 29.37% |
| 2014-09-30 | 29.09% |
| 2014-06-30 | 30.06% |
| 2014-03-31 | 25.09% |
| 2013-12-31 | 25.47% |
| 2013-09-30 | 25.38% |
| 2013-06-30 | 25.09% |
| 2013-03-31 | 25.53% |
| 2012-12-31 | 25.27% |
| 2012-09-30 | 24.68% |
| 2012-06-30 | 11.36% |
| 2012-03-31 | 11.51% |
| 2011-12-31 | 11.70% |
| 2011-09-30 | 11.58% |
| 2011-06-30 | 11.52% |
| 2011-03-31 | 11.70% |
| 2010-12-31 | 12.22% |
| 2010-09-30 | 12.25% |
| 2010-06-30 | 16.28% |
| 2010-03-31 | 13.54% |
| 2009-12-31 | 13.87% |
| 2009-09-30 | 13.95% |
| 2009-06-30 | 17.11% |
| 2009-03-31 | 50.35% |
| 2008-12-31 | 46.95% |
| 2008-09-30 | 45.67% |
| 2008-06-30 | 45.22% |
| 2008-03-31 | 45.78% |
| 2007-12-31 | 43.95% |
| 2007-09-30 | 4.72% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 1.29% |
| 2006-09-30 | 3.53% |
| 2006-06-30 | 5.99% |
| 2006-03-31 | 11.44% |
| 2005-12-31 | 2.27% |
| 2005-09-30 | 2.32% |
| 2005-06-30 | 2.40% |
| 2005-03-31 | 2.50% |
| 2004-12-31 | 2.48% |
| 2004-09-30 | 2.49% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |