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 10.46% is 11% below its 5-year average of 11.81%, near the low end of its 5-year range (9.83%–15.03%).
As of the fiscal period ended Tuesday, March 31, 2026. 3.81% below its 12-month average of 10.88%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
10.46%
DEBT TO ASSETS RATIO AVG TTM
10.88%
DEBT TO ASSETS RATIO AVG 3Y
10.95%
DEBT TO ASSETS RATIO AVG 5Y
11.65%
DEBT TO ASSETS RATIO AVG 10Y
13.37%
DEBT TO ASSETS RATIO AVG 15Y
13.92%
DEBT TO ASSETS RATIO AVG 20Y
12.40%
CURRENT VS TTM AVG
-3.81%
CURRENT VS 3Y AVG
-4.47%
CURRENT VS 5Y AVG
-10.18%
CURRENT VS 10Y AVG
-21.75%
CURRENT VS 15Y AVG
-24.84%
CURRENT VS 20Y AVG
-15.63%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+3508.16%
vs the sector median at left
McKesson Corporation
Market Cap
$100.46B
Debt to Assets Ratio
10.46%
TTM Avg
10.88%
3Y Avg
10.95%
5Y Avg
11.65%
Market Cap
$119.92B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$78.81B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McKesson Corporation (MCK) | $100.46B | 10.46% | 10.88% | 10.95% | 11.65% |
| GSK plc (GSK)vs › | $103.80B | 0.29% | N/A | N/A | N/A |
| Medtronic plc (MDT)vs › | $110.67B | 0.30% | N/A | N/A | N/A |
| HCA Healthcare, Inc. (HCA)vs › | $88.63B | 0.81% | N/A | N/A | N/A |
| Elevance Health Inc. (ELV)vs › | $81.57B | 0.25% | N/A | N/A | N/A |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $119.92B | 0.08% | N/A | N/A | N/A |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $78.81B | 0.07% | N/A | N/A | N/A |
| Cigna Corporation (CI)vs › | $73.76B | 0.20% | N/A | N/A | N/A |
| Stryker Corporation (SYK)vs › | $129.01B | 0.34% | N/A | N/A | N/A |
| Boston Scientific Corporation (BSX)vs › | $71.54B | 0.25% | N/A | N/A | N/A |
Debt/Assets
10.5%
Debt/Equity
-3.97
Current Ratio
0.85
Interest Coverage
26.1x
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 |
|---|---|
| 2026-03-31 | 10.46% |
| 2025-12-31 | 10.24% |
| 2025-09-30 | 11.63% |
| 2025-06-30 | 12.22% |
| 2025-03-31 | 9.83% |
| 2024-12-31 | 13.73% |
| 2024-09-30 | 9.97% |
| 2024-06-30 | 10.32% |
| 2024-03-31 | 10.96% |
| 2023-12-31 | 11.44% |
| 2023-09-30 | 11.07% |
| 2023-06-30 | 11.58% |
| 2023-03-31 | 11.71% |
| 2022-12-31 | 13.04% |
| 2022-09-30 | 11.43% |
| 2022-06-30 | 11.93% |
| 2022-03-31 | 11.92% |
| 2021-12-31 | 12.58% |
| 2021-09-30 | 12.48% |
| 2021-06-30 | 15.03% |
| 2021-03-31 | 14.47% |
| 2020-12-31 | 15.40% |
| 2020-09-30 | 15.67% |
| 2020-06-30 | 16.36% |
| 2020-03-31 | 15.35% |
| 2019-12-31 | 19.70% |
| 2019-09-30 | 17.49% |
| 2019-06-30 | 16.00% |
| 2019-03-31 | 12.73% |
| 2018-12-31 | 16.04% |
| 2018-09-30 | 14.80% |
| 2018-06-30 | 15.91% |
| 2018-03-31 | 13.05% |
| 2017-12-31 | 13.70% |
| 2017-09-30 | 13.03% |
| 2017-06-30 | 12.86% |
| 2017-03-31 | 14.02% |
| 2016-12-31 | 15.76% |
| 2016-09-30 | 13.90% |
| 2016-06-30 | 14.01% |
| 2016-03-31 | 14.42% |
| 2015-12-31 | 15.83% |
| 2015-09-30 | 16.82% |
| 2015-06-30 | 17.52% |
| 2015-03-31 | 18.27% |
| 2014-12-31 | 18.86% |
| 2014-09-30 | 20.24% |
| 2014-06-30 | 20.14% |
| 2014-03-31 | 20.71% |
| 2013-12-31 | 13.36% |
| 2013-09-30 | 13.56% |
| 2013-06-30 | 13.73% |
| 2013-03-31 | 14.01% |
| 2012-12-31 | 13.40% |
| 2012-09-30 | 10.86% |
| 2012-06-30 | 11.28% |
| 2012-03-31 | 12.03% |
| 2011-12-31 | 12.02% |
| 2011-09-30 | 12.51% |
| 2011-06-30 | 12.86% |
| 2011-03-31 | 12.96% |
| 2010-12-31 | 13.36% |
| 2010-09-30 | 8.51% |
| 2010-06-30 | 8.31% |
| 2010-03-31 | 8.15% |
| 2009-12-31 | 9.12% |
| 2009-09-30 | 9.43% |
| 2009-06-30 | 9.76% |
| 2009-03-31 | 9.93% |
| 2008-12-31 | 7.09% |
| 2008-09-30 | 7.30% |
| 2008-06-30 | 7.18% |
| 2008-03-31 | 7.30% |
| 2007-12-31 | 7.68% |
| 2007-09-30 | 7.79% |
| 2007-06-30 | 8.02% |
| 2007-03-31 | 8.18% |
| 2006-12-31 | 4.37% |
| 2006-09-30 | 4.58% |
| 2006-06-30 | 4.63% |
| 2006-03-31 | 4.72% |
| 2005-12-31 | 4.77% |
| 2005-09-30 | 4.86% |
| 2005-06-30 | 5.23% |
| 2005-03-31 | 9.37% |
| 2004-12-31 | 7.82% |
| 2004-09-30 | 8.16% |
| 2004-06-30 | 8.70% |
| 2004-03-31 | 12.55% |
| 2003-12-31 | 10.68% |
| 2003-09-30 | 9.28% |
| 2003-06-30 | 8.78% |
| 2003-03-31 | 9.06% |
| 2002-12-31 | 9.64% |
| 2002-09-30 | 10.36% |
| 2002-06-30 | 10.61% |
