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 24.48% is 29% below its 5-year average of 34.64%, near the low end of its 5-year range (23.54%–43.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.05% below its 12-month average of 25.52%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
24.48%
DEBT TO ASSETS RATIO AVG TTM
25.52%
DEBT TO ASSETS RATIO AVG 3Y
30.74%
DEBT TO ASSETS RATIO AVG 5Y
34.64%
DEBT TO ASSETS RATIO AVG 10Y
35.13%
DEBT TO ASSETS RATIO AVG 15Y
28.65%
DEBT TO ASSETS RATIO AVG 20Y
24.38%
CURRENT VS TTM AVG
-4.05%
CURRENT VS 3Y AVG
-20.35%
CURRENT VS 5Y AVG
-29.33%
CURRENT VS 10Y AVG
-30.31%
CURRENT VS 15Y AVG
-14.54%
CURRENT VS 20Y AVG
+0.41%
SECTOR MEDIAN · COMMUNICATION SERVICES
0.25%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+9692.44%
vs the sector median at left
Netflix, Inc.
Market Cap
$325.83B
Debt to Assets Ratio
24.48%
TTM Avg
25.52%
3Y Avg
30.74%
5Y Avg
34.64%
Market Cap
$209.36B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$182.84B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$510.05B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$111.52B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.00B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Netflix, Inc. (NFLX) | $325.83B | 24.48% | 25.52% | 30.74% | 34.64% |
| Verizon Communications Inc. (VZ)vs › | $209.36B | 0.46% | N/A | N/A | N/A |
| T-Mobile US, Inc. (TMUS)vs › | $194.71B | 0.54% | N/A | N/A | N/A |
| The Walt Disney Company (DIS)vs › | $182.84B | 0.22% | N/A | N/A | N/A |
| AT&T Inc. (T)vs › | $175.87B | 0.38% | N/A | N/A | N/A |
| Tencent Holdings Limited (TCEHY)vs › | $510.05B | 0.22% | N/A | N/A | N/A |
| Spotify Technology S.A. (SPOT)vs › | $111.52B | 0.03% | N/A | N/A | N/A |
| Comcast Corporation (CMCSA)vs › | $94.00B | 0.35% | N/A | N/A | N/A |
| DoorDash, Inc. (DASH)vs › | $92.25B | 0.17% | N/A | N/A | N/A |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.83B | 0.33% | N/A | N/A | N/A |
Debt/Assets
24.5%
Debt/Equity
0.47
Current Ratio
1.14
Interest Coverage
17.2x
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 | 24.48% |
| 2026-03-31 | 23.54% |
| 2025-12-31 | 26.01% |
| 2025-09-30 | 26.33% |
| 2025-06-30 | 27.22% |
| 2025-03-31 | 33.45% |
| 2024-12-31 | 33.55% |
| 2024-09-30 | 35.40% |
| 2024-06-30 | 33.65% |
| 2024-03-31 | 33.82% |
| 2023-12-31 | 34.83% |
| 2023-09-30 | 33.87% |
| 2023-06-30 | 33.44% |
| 2023-03-31 | 34.26% |
| 2022-12-31 | 34.84% |
| 2022-09-30 | 34.55% |
| 2022-06-30 | 36.48% |
| 2022-03-31 | 38.16% |
| 2021-12-31 | 40.63% |
| 2021-09-30 | 42.13% |
| 2021-06-30 | 43.79% |
| 2021-03-31 | 44.21% |
| 2020-12-31 | 47.12% |
| 2020-09-30 | 46.96% |
| 2020-06-30 | 47.63% |
| 2020-03-31 | 46.39% |
| 2019-12-31 | 48.19% |
| 2019-09-30 | 43.76% |
| 2019-06-30 | 45.33% |
| 2019-03-31 | 41.12% |
| 2018-12-31 | 39.89% |
| 2018-09-30 | 35.68% |
| 2018-06-30 | 36.81% |
| 2018-03-31 | 32.46% |
| 2017-12-31 | 34.18% |
| 2017-09-30 | 28.84% |
| 2017-06-30 | 29.28% |
| 2017-03-31 | 23.56% |
| 2016-12-31 | 24.76% |
| 2016-09-30 | 19.23% |
| 2016-06-30 | 20.47% |
| 2016-03-31 | 21.06% |
| 2015-12-31 | 23.24% |
| 2015-09-30 | 24.42% |
| 2015-06-30 | 24.94% |
| 2015-03-31 | 26.07% |
| 2014-12-31 | 12.58% |
| 2014-09-30 | 13.43% |
| 2014-06-30 | 14.40% |
| 2014-03-31 | 15.07% |
| 2013-12-31 | 9.24% |
| 2013-09-30 | 10.46% |
| 2013-06-30 | 12.57% |
| 2013-03-31 | 16.04% |
| 2012-12-31 | 10.08% |
| 2012-09-30 | 10.50% |
| 2012-06-30 | 11.50% |
| 2012-03-31 | 11.49% |
| 2011-12-31 | 13.11% |
| 2011-09-30 | 11.96% |
| 2011-06-30 | 14.97% |
| 2011-03-31 | 21.62% |
| 2010-12-31 | 24.05% |
| 2010-09-30 | 30.73% |
| 2010-06-30 | 34.17% |
| 2010-03-31 | 36.65% |
| 2009-12-31 | 35.01% |
| 2009-09-30 | 7.78% |
| 2009-06-30 | 6.52% |
| 2009-03-31 | 6.18% |
| 2008-12-31 | 6.55% |
| 2008-09-30 | 6.75% |
| 2008-06-30 | 6.13% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 5.34% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.03% |
| 2004-09-30 | 0.07% |
| 2004-06-30 | 0.12% |
| 2004-03-31 | 0.19% |
| 2003-12-31 | 0.26% |
| 2003-09-30 | 0.35% |
| 2003-06-30 | 0.73% |
| 2003-03-31 | 0.97% |
| 2002-12-31 | 1.30% |
| 2002-09-30 | 1.53% |
