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 54.51% is in line with its 5-year average of 55.70%, around the middle of its 5-year range (31.01%–66.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.84% below its 12-month average of 59.15%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
54.51%
DEBT TO ASSETS RATIO AVG TTM
59.15%
DEBT TO ASSETS RATIO AVG 3Y
53.24%
DEBT TO ASSETS RATIO AVG 5Y
55.70%
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
-7.84%
CURRENT VS 3Y AVG
+2.40%
CURRENT VS 5Y AVG
-2.13%
CURRENT VS 10Y AVG
N/A
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
+29367.40%
vs the sector median at left
Cloudflare, Inc.
Market Cap
$100.95B
Debt to Assets Ratio
54.51%
TTM Avg
59.15%
3Y Avg
53.24%
5Y Avg
55.70%
Market Cap
$104.82B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$107.11B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.49B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | $100.95B | 54.51% | 59.15% | 53.24% | 55.70% |
| Adobe Inc. (ADBE)vs › | $102.26B | 0.24% | N/A | N/A | N/A |
| AppLovin Corporation (APP)vs › | $104.82B | 0.43% | N/A | N/A | N/A |
| Automatic Data Processing, Inc. (ADP)vs › | $107.11B | 0.08% | N/A | N/A | N/A |
| Accenture plc (ACN)vs › | $109.56B | 0.12% | N/A | N/A | N/A |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.49B | 0.28% | N/A | N/A | N/A |
| Intuit Inc. (INTU)vs › | $87.24B | 0.23% | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $115.54B | 0.05% | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $116.28B | 0.32% | N/A | N/A | N/A |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.24B | 0.21% | N/A | N/A | N/A |
Debt/Assets
54.5%
Debt/Equity
2.18
Current Ratio
1.82
Interest Coverage
-23.6x
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 | 54.51% |
| 2026-03-31 | 57.18% |
| 2025-12-31 | 61.30% |
| 2025-09-30 | 60.52% |
| 2025-06-30 | 62.24% |
| 2025-03-31 | 39.66% |
| 2024-12-31 | 44.32% |
| 2024-09-30 | 47.37% |
| 2024-06-30 | 49.32% |
| 2024-03-31 | 51.28% |
| 2023-12-31 | 52.00% |
| 2023-09-30 | 54.79% |
| 2023-06-30 | 57.60% |
| 2023-03-31 | 59.27% |
| 2022-12-31 | 60.94% |
| 2022-09-30 | 62.94% |
| 2022-06-30 | 63.50% |
| 2022-03-31 | 66.89% |
| 2021-12-31 | 54.52% |
| 2021-09-30 | 53.89% |
| 2021-06-30 | 31.01% |
| 2021-03-31 | 31.01% |
| 2020-12-31 | 31.02% |
| 2020-09-30 | 30.74% |
| 2020-06-30 | 30.35% |
| 2020-03-31 | 5.92% |
| 2019-12-31 | 1.26% |
| 2019-09-30 | 1.25% |
| 2019-06-30 | 3.68% |
| 2019-03-31 | 3.60% |
| 2018-12-31 | 3.59% |
