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 8.97% is 65% below its 5-year average of 25.89%, near the low end of its 5-year range (8.55%–45.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.01% below its 12-month average of 9.76%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.97%.
DEBT TO ASSETS RATIO
8.97%
DEBT TO ASSETS RATIO AVG TTM
9.76%
DEBT TO ASSETS RATIO AVG 3Y
19.76%
DEBT TO ASSETS RATIO AVG 5Y
25.89%
DEBT TO ASSETS RATIO AVG 10Y
31.73%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-8.01%
CURRENT VS 3Y AVG
-54.58%
CURRENT VS 5Y AVG
-65.34%
CURRENT VS 10Y AVG
-71.72%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
+3048.83%
vs the sector median at left
Natera, Inc.
Market Cap
$58.77B
Debt to Assets Ratio
8.97%
TTM Avg
9.76%
3Y Avg
19.76%
5Y Avg
25.89%
Market Cap
$63.32B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$53.47B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.03B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.72B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$47.38B
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 |
|---|---|---|---|---|---|
| Natera, Inc. (NTRA) | $58.77B | 8.97% | 9.76% | 19.76% | 25.89% |
| Cencora, Inc. (COR)vs › | $60.13B | 0.14% | N/A | N/A | N/A |
| Boston Scientific Corporation (BSX)vs › | $63.32B | 0.28% | N/A | N/A | N/A |
| Cardinal Health, Inc. (CAH)vs › | $53.47B | 0.17% | N/A | N/A | N/A |
| Edwards Lifesciences Corporation (EW)vs › | $49.03B | 0.05% | N/A | N/A | N/A |
| Becton, Dickinson and Company (BDX)vs › | $48.72B | 0.33% | N/A | N/A | N/A |
| Agilent Technologies, Inc. (A)vs › | $47.38B | 0.28% | N/A | N/A | N/A |
| Humana Inc. (HUM)vs › | $46.63B | 0.25% | N/A | N/A | N/A |
| Cigna Corporation (CI)vs › | $71.48B | 0.20% | N/A | N/A | N/A |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $46.04B | 0.42% | N/A | N/A | N/A |
Debt/Assets
9.0%
Debt/Equity
0.13
Current Ratio
3.00
Interest Coverage
-76.2x
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 | 8.97% |
| 2026-03-31 | 9.18% |
| 2025-12-31 | 8.55% |
| 2025-09-30 | 10.91% |
| 2025-06-30 | 11.16% |
| 2025-03-31 | 11.29% |
| 2024-12-31 | 11.27% |
| 2024-09-30 | 29.90% |
| 2024-06-30 | 28.85% |
| 2024-03-31 | 29.95% |
| 2023-12-31 | 30.66% |
| 2023-09-30 | 30.58% |
| 2023-06-30 | 35.60% |
| 2023-03-31 | 33.78% |
| 2022-12-31 | 32.00% |
| 2022-09-30 | 41.23% |
| 2022-06-30 | 37.69% |
| 2022-03-31 | 35.25% |
| 2021-12-31 | 32.13% |
| 2021-09-30 | 29.39% |
| 2021-06-30 | 45.38% |
| 2021-03-31 | 43.24% |
| 2020-12-31 | 30.16% |
| 2020-09-30 | 28.45% |
| 2020-06-30 | 38.27% |
| 2020-03-31 | 27.50% |
| 2019-12-31 | 26.74% |
| 2019-09-30 | 41.31% |
| 2019-06-30 | 41.29% |
| 2019-03-31 | 60.97% |
| 2018-12-31 | 46.06% |
| 2018-09-30 | 44.51% |
| 2018-06-30 | 63.46% |
| 2018-03-31 | 56.37% |
| 2017-12-31 | 57.39% |
| 2017-09-30 | 60.42% |
| 2017-06-30 | 31.57% |
| 2017-03-31 | 28.30% |
| 2016-12-31 | 23.55% |
| 2016-09-30 | 20.41% |
| 2016-06-30 | 18.88% |
| 2016-03-31 | 15.88% |
| 2015-12-31 | 15.87% |
| 2015-09-30 | 8.11% |
| 2015-06-30 | 26.01% |
| 2015-03-31 | 23.34% |
| 2014-12-31 | 21.69% |
| 2014-09-30 | 39.85% |
| 2014-03-31 | 43.85% |
| 2013-12-31 | 40.70% |
