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 21.05% is 25% below its 5-year average of 28.22%, near the low end of its 5-year range (21.05%–42.92%).
As of the fiscal period ended Tuesday, March 31, 2026. 18.20% below its 12-month average of 25.74%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
21.05%
DEBT TO ASSETS RATIO AVG TTM
25.74%
DEBT TO ASSETS RATIO AVG 3Y
31.78%
DEBT TO ASSETS RATIO AVG 5Y
28.22%
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
-18.20%
CURRENT VS 3Y AVG
-33.75%
CURRENT VS 5Y AVG
-25.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.40%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+5229.81%
vs the sector median at left
Market Cap
$9.57B
Debt to Assets Ratio
0.94%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.25B
Debt to Assets Ratio
0.75%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NIO Inc. (NIO) | $9.40B | 21.05% | 25.74% | 31.78% | 28.22% |
| Murphy USA Inc. (MUSA)vs › | $9.56B | 0.54% | N/A | N/A | N/A |
| Wynn Resorts, Limited (WYNN)vs › | $9.57B | 0.94% | N/A | N/A | N/A |
| Chewy, Inc. (CHWY)vs › | $9.64B | 0.15% | N/A | N/A | N/A |
| Aptiv PLC (APTV)vs › | $9.68B | 0.32% | N/A | N/A | N/A |
| CarMax, Inc. (KMX)vs › | $8.60B | 0.70% | N/A | N/A | N/A |
| MGM Resorts International (MGM)vs › | $10.25B | 0.75% | N/A | N/A | N/A |
| GameStop Corp. (GME)vs › | $8.48B | 0.40% | N/A | N/A | N/A |
| The Gap, Inc. (GAP)vs › | $8.06B | 0.44% | N/A | N/A | N/A |
| Mohawk Industries, Inc. (MHK)vs › | $7.91B | 0.17% | N/A | N/A | N/A |
Debt/Assets
21.1%
Debt/Equity
6.12
Current Ratio
1.01
Interest Coverage
-16.7x
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 |
|---|---|
| 2026-03-31 | 21.05% |
| 2025-12-31 | 21.08% |
| 2025-09-30 | 24.67% |
| 2025-06-30 | 30.95% |
| 2025-03-31 | 30.92% |
| 2024-12-31 | 31.43% |
| 2024-09-30 | 32.58% |
| 2024-06-30 | 32.95% |
| 2024-03-31 | 31.43% |
| 2023-12-31 | 42.92% |
| 2023-09-30 | 31.46% |
| 2023-06-30 | 32.49% |
| 2023-03-31 | 31.79% |
| 2022-12-31 | 24.63% |
| 2022-09-30 | 27.87% |
| 2022-06-30 | 30.28% |
| 2022-03-31 | 25.33% |
| 2021-12-31 | 24.25% |
| 2021-09-30 | 27.83% |
| 2021-06-30 | 26.32% |
| 2021-03-31 | 25.12% |
| 2020-12-31 | 17.42% |
| 2020-09-30 | 28.59% |
| 2020-06-30 | 57.11% |
| 2020-03-31 | 88.44% |
| 2019-12-31 | 73.37% |
| 2019-09-30 | 65.66% |
| 2019-06-30 | 59.00% |
| 2019-03-31 | 55.22% |
| 2018-12-31 | 17.18% |
| 2018-09-30 | 9.86% |
| 2018-06-30 | 14.57% |
| 2018-03-31 | 9.55% |
| 2017-12-31 | 6.94% |
