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 32.12% is 15% below its 1-year average of 37.60%, near the low end of its 1-year range (32.12%–45.70%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.57% below its 12-month average of 37.60%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 32.12%.
DEBT TO ASSETS RATIO
32.12%
DEBT TO ASSETS RATIO AVG TTM
37.60%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-14.57%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+11170.87%
vs the sector median at left
Market Cap
$29.44B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.33B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.08B
Debt to Assets Ratio
0.58%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.99B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $28.79B | 32.12% | 37.60% | N/A | N/A |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.44B | 0.27% | N/A | N/A | N/A |
| Waters Corporation (WAT)vs › | $30.28B | 0.21% | N/A | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $30.74B | 0.61% | N/A | N/A | N/A |
| Biogen Inc. (BIIB)vs › | $31.14B | 0.26% | N/A | N/A | N/A |
| Labcorp Holdings Inc. (LH)vs › | $26.33B | 0.37% | N/A | N/A | N/A |
| Mettler-Toledo International Inc. (MTD)vs › | $26.08B | 0.58% | N/A | N/A | N/A |
| Quest Diagnostics Incorporated (DGX)vs › | $25.99B | 0.38% | N/A | N/A | N/A |
| DexCom, Inc. (DXCM)vs › | $31.65B | 0.22% | N/A | N/A | N/A |
| Centene Corp. (CNC)vs › | $31.66B | 0.19% | N/A | N/A | N/A |
Debt/Assets
32.1%
Debt/Equity
1.09
Current Ratio
4.33
Interest Coverage
2.7x
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 | 32.12% |
| 2026-03-31 | 32.39% |
| 2025-12-31 | 32.64% |
| 2025-09-30 | 45.14% |
| 2025-06-30 | 45.70% |
