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 26.69% is 70% above its 5-year average of 15.69%, near the high end of its 5-year range (9.23%–26.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 96.74% above its 12-month average of 13.57%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
26.69%
DEBT TO ASSETS RATIO AVG TTM
13.57%
DEBT TO ASSETS RATIO AVG 3Y
12.02%
DEBT TO ASSETS RATIO AVG 5Y
15.69%
DEBT TO ASSETS RATIO AVG 10Y
20.63%
DEBT TO ASSETS RATIO AVG 15Y
19.23%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+96.74%
CURRENT VS 3Y AVG
+122.12%
CURRENT VS 5Y AVG
+70.18%
CURRENT VS 10Y AVG
+29.40%
CURRENT VS 15Y AVG
+38.80%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+14329.32%
vs the sector median at left
ServiceNow, Inc.
Market Cap
$137.07B
Debt to Assets Ratio
26.69%
TTM Avg
13.57%
3Y Avg
12.02%
5Y Avg
15.69%
Market Cap
$148.48B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$107.18B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$168.43B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$104.48B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ServiceNow, Inc. (NOW) | $137.07B | 26.69% | 13.57% | 12.02% | 15.69% |
| Corning Inc (GLW)vs › | $145.12B | 0.28% | N/A | N/A | N/A |
| Uber Technologies, Inc. (UBER)vs › | $148.48B | 0.22% | N/A | N/A | N/A |
| Snowflake Inc. (SNOW)vs › | $116.89B | 0.32% | N/A | N/A | N/A |
| Fortinet, Inc. (FTNT)vs › | $114.96B | 0.05% | N/A | N/A | N/A |
| Accenture plc (ACN)vs › | $108.80B | 0.12% | N/A | N/A | N/A |
| Automatic Data Processing, Inc. (ADP)vs › | $107.18B | 0.08% | N/A | N/A | N/A |
| Western Digital Corporation (WDC)vs › | $168.43B | 0.08% | N/A | N/A | N/A |
| AppLovin Corporation (APP)vs › | $104.48B | 0.43% | N/A | N/A | N/A |
| Cloudflare, Inc. (NET)vs › | $101.44B | 0.55% | N/A | N/A | N/A |
Debt/Assets
26.7%
Debt/Equity
0.68
Current Ratio
0.70
Interest Coverage
79.3x
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 | 26.69% |
| 2026-03-31 | 9.97% |
| 2025-12-31 | 9.23% |
| 2025-09-30 | 11.02% |
| 2025-06-30 | 10.92% |
| 2025-03-31 | 11.44% |
| 2024-12-31 | 11.18% |
| 2024-09-30 | 12.18% |
| 2024-06-30 | 12.39% |
| 2024-03-31 | 12.96% |
| 2023-12-31 | 13.14% |
| 2023-09-30 | 14.98% |
| 2023-06-30 | 14.82% |
| 2023-03-31 | 16.44% |
| 2022-12-31 | 16.78% |
| 2022-09-30 | 19.13% |
| 2022-06-30 | 19.31% |
| 2022-03-31 | 20.08% |
| 2021-12-31 | 20.50% |
| 2021-09-30 | 23.50% |
| 2021-06-30 | 22.74% |
| 2021-03-31 | 23.89% |
| 2020-12-31 | 24.50% |
| 2020-09-30 | 28.59% |
| 2020-06-30 | 18.38% |
| 2020-03-31 | 19.41% |
| 2019-12-31 | 18.78% |
| 2019-09-30 | 23.64% |
| 2019-06-30 | 24.05% |
| 2019-03-31 | 24.84% |
| 2018-12-31 | 17.06% |
| 2018-09-30 | 22.75% |
| 2018-06-30 | 24.68% |
| 2018-03-31 | 31.17% |
| 2017-12-31 | 33.05% |
| 2017-09-30 | 37.68% |
| 2017-06-30 | 38.98% |
| 2017-03-31 | 23.80% |
| 2016-12-31 | 24.97% |
| 2016-09-30 | 27.54% |
| 2016-06-30 | 28.63% |
| 2016-03-31 | 25.75% |
| 2015-12-31 | 26.26% |
| 2015-09-30 | 28.07% |
| 2015-06-30 | 29.36% |
| 2015-03-31 | 30.22% |
| 2014-12-31 | 31.12% |
| 2014-09-30 | 33.45% |
| 2014-06-30 | 33.99% |
| 2014-03-31 | 34.46% |
| 2013-12-31 | 35.50% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-06-30 | 0.00% |
