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 9.01% is 31% below its 5-year average of 13.09%, near the low end of its 5-year range (8.92%–16.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.24% below its 12-month average of 10.89%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 9.01%.
DEBT TO ASSETS RATIO
9.01%
DEBT TO ASSETS RATIO AVG TTM
10.89%
DEBT TO ASSETS RATIO AVG 3Y
12.37%
DEBT TO ASSETS RATIO AVG 5Y
13.09%
DEBT TO ASSETS RATIO AVG 10Y
12.37%
DEBT TO ASSETS RATIO AVG 15Y
13.18%
DEBT TO ASSETS RATIO AVG 20Y
12.49%
CURRENT VS TTM AVG
-17.24%
CURRENT VS 3Y AVG
-27.17%
CURRENT VS 5Y AVG
-31.15%
CURRENT VS 10Y AVG
-27.17%
CURRENT VS 15Y AVG
-31.65%
CURRENT VS 20Y AVG
-27.83%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 220 covered companies
CURRENT VS SECTOR MEDIAN
+4770.90%
vs the sector median at left
Market Cap
$60.05B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$61.44B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.11B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nokia Oyj (NOK) | $57.25B | 9.01% | 10.89% | 12.37% | 13.09% |
| Nebius Group N.V. (NBIS)vs › | $58.27B | 0.36% | N/A | N/A | N/A |
| Ciena Corporation (CIEN)vs › | $55.40B | 0.03% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $60.05B | 0.00% | N/A | N/A | N/A |
| Garmin Ltd. (GRMN)vs › | $54.22B | 0.02% | N/A | N/A | N/A |
| NXP Semiconductors N.V. (NXPI)vs › | $61.44B | 0.41% | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $52.93B | 0.13% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $51.11B | 0.15% | N/A | N/A | N/A |
| TE Connectivity plc (TEL)vs › | $63.89B | 0.22% | N/A | N/A | N/A |
| Atlassian Corporation (TEAM)vs › | $49.35B | 0.20% | N/A | N/A | N/A |
Debt/Assets
9.0%
Debt/Equity
0.16
Current Ratio
1.51
Interest Coverage
3.6x
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 | 9.01% |
| 2026-03-31 | 8.92% |
| 2025-12-31 | 13.86% |
| 2025-09-30 | 11.28% |
| 2025-06-30 | 11.38% |
| 2025-03-31 | 12.90% |
| 2024-12-31 | 12.13% |
| 2024-09-30 | 12.17% |
| 2024-06-30 | 11.86% |
| 2024-03-31 | 11.99% |
| 2023-12-31 | 13.02% |
| 2023-09-30 | 12.76% |
| 2023-06-30 | 12.77% |
| 2023-03-31 | 12.73% |
| 2022-12-31 | 12.08% |
| 2022-09-30 | 13.28% |
| 2022-06-30 | 14.03% |
| 2022-03-31 | 14.03% |
| 2021-12-31 | 14.14% |
| 2021-09-30 | 15.67% |
| 2021-06-30 | 16.62% |
| 2021-03-31 | 16.81% |
| 2020-12-31 | 17.06% |
| 2020-09-30 | 17.25% |
| 2020-06-30 | 17.42% |
| 2020-03-31 | 14.98% |
| 2019-12-31 | 13.56% |
| 2019-09-30 | 13.94% |
| 2019-06-30 | 13.51% |
| 2019-03-31 | 13.48% |
| 2018-12-31 | 9.67% |
| 2018-09-30 | 9.69% |
| 2018-06-30 | 9.64% |
| 2018-03-31 | 9.47% |
| 2017-12-31 | 9.18% |
| 2017-09-30 | 9.42% |
| 2017-06-30 | 9.28% |
| 2017-03-31 | 9.90% |
| 2016-12-31 | 8.97% |
| 2016-09-30 | 8.88% |
| 2016-06-30 | 8.54% |
| 2016-03-31 | 9.09% |
| 2015-12-31 | 9.94% |
| 2015-09-30 | 13.47% |
| 2015-06-30 | 13.47% |
| 2015-03-31 | 12.92% |
| 2014-12-31 | 12.78% |
| 2014-09-30 | 12.51% |
| 2014-06-30 | 12.17% |
| 2014-03-31 | 21.00% |
| 2013-12-31 | 26.45% |
| 2013-09-30 | 25.76% |
| 2013-06-30 | 20.29% |
| 2013-03-31 | 19.51% |
| 2012-12-31 | 18.53% |
| 2012-09-30 | 17.49% |
| 2012-06-30 | 16.67% |
| 2012-03-31 | 14.84% |
| 2011-12-31 | 14.70% |
| 2011-09-30 | 15.69% |
| 2011-06-30 | 15.52% |
| 2011-03-31 | 12.96% |
| 2010-12-31 | 13.49% |
| 2010-09-30 | 15.73% |
| 2010-06-30 | 14.25% |
| 2010-03-31 | 14.10% |
| 2009-12-31 | 14.56% |
| 2009-09-30 | 15.37% |
| 2009-06-30 | 15.23% |
| 2009-03-31 | 15.41% |
| 2008-12-31 | 11.25% |
| 2008-09-30 | 10.64% |
| 2008-06-30 | 4.02% |
| 2008-03-31 | 3.59% |
| 2007-12-31 | 3.39% |
| 2007-09-30 | 2.80% |
| 2007-06-30 | 2.30% |
| 2007-03-31 | 0.76% |
| 2006-12-31 | 1.40% |
| 2006-09-30 | 1.55% |
| 2006-06-30 | 1.98% |
| 2006-03-31 | 1.56% |
| 2005-12-31 | 1.78% |
| 2005-09-30 | 1.58% |
| 2005-06-30 | 2.04% |
| 2005-03-31 | 1.45% |
| 2004-12-31 | 1.03% |
| 2004-09-30 | 1.67% |
| 2004-06-30 | 2.85% |
| 2004-03-31 | 2.61% |
| 2003-12-31 | 1.97% |
| 2003-09-30 | 2.23% |
| 2003-06-30 | 3.03% |
| 2003-03-31 | 2.15% |
| 2002-12-31 | 2.42% |
| 2002-09-30 | 4.20% |
