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 0.58% is 96% below its 5-year average of 15.35%, near the low end of its 5-year range (0.58%–26.06%).
As of the fiscal period ended Friday, July 31, 2026. 87.79% below its 12-month average of 4.75%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
0.58%
DEBT TO ASSETS RATIO AVG TTM
4.75%
DEBT TO ASSETS RATIO AVG 3Y
10.07%
DEBT TO ASSETS RATIO AVG 5Y
15.35%
DEBT TO ASSETS RATIO AVG 10Y
24.07%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-87.79%
CURRENT VS 3Y AVG
-94.24%
CURRENT VS 5Y AVG
-96.22%
CURRENT VS 10Y AVG
-97.59%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+213.51%
vs the sector median at left
Market Cap
$28.12B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.22B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.91B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.65B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Okta, Inc. (OKTA) | $28.12B | 0.58% | 4.75% | 10.07% | 15.35% |
| ON Semiconductor Corporation (ON)vs › | $28.12B | 0.33% | N/A | N/A | N/A |
| Zoom Communications, Inc. (ZM)vs › | $28.22B | 0.00% | N/A | N/A | N/A |
| Teledyne Technologies Incorporated (TDY)vs › | $27.91B | 0.13% | N/A | N/A | N/A |
| MongoDB, Inc. (MDB)vs › | $29.01B | 0.01% | N/A | N/A | N/A |
| HP Inc. (HPQ)vs › | $29.04B | 0.23% | N/A | N/A | N/A |
| Zscaler, Inc. (ZS)vs › | $26.80B | 0.24% | N/A | N/A | N/A |
| Fiserv, Inc. (FISV)vs › | $26.72B | 0.34% | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.65B | 0.10% | N/A | N/A | N/A |
| Corpay, Inc. (CPAY)vs › | $26.64B | 0.38% | N/A | N/A | N/A |
Debt/Assets
0.6%
Debt/Equity
0.01
Current Ratio
1.53
Interest Coverage
38.3x
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 |
|---|---|
| 2026-07-31 | 0.58% |
| 2026-04-30 | 4.40% |
| 2026-01-31 | 4.35% |
| 2025-10-31 | 4.58% |
| 2025-07-31 | 9.84% |
| 2025-04-30 | 10.11% |
| 2025-01-31 | 10.09% |
| 2024-10-31 | 10.65% |
| 2024-07-31 | 13.46% |
| 2024-04-30 | 14.10% |
| 2024-01-31 | 14.43% |
| 2023-10-31 | 16.26% |
| 2023-07-31 | 18.05% |
| 2023-04-30 | 22.08% |
| 2023-01-31 | 25.43% |
| 2022-10-31 | 25.79% |
| 2022-07-31 | 25.94% |
| 2022-04-30 | 26.06% |
| 2022-01-31 | 22.05% |
| 2021-10-31 | 22.11% |
| 2021-07-31 | 21.94% |
| 2021-04-30 | 56.71% |
| 2021-01-31 | 59.69% |
| 2020-10-31 | 60.90% |
| 2020-07-31 | 61.71% |
| 2020-04-30 | 56.11% |
| 2020-01-31 | 56.47% |
| 2019-10-31 | 57.81% |
| 2019-07-31 | 41.24% |
| 2019-04-30 | 42.23% |
| 2019-01-31 | 43.64% |
| 2018-10-31 | 33.60% |
| 2018-07-31 | 34.53% |
| 2018-04-30 | 35.76% |
| 2018-01-31 | 0.00% |
| 2017-10-31 | 0.00% |
| 2017-07-31 | 0.00% |
| 2017-04-30 | 0.00% |
| 2017-01-31 | 0.00% |
| 2016-10-31 | 0.00% |
| 2016-01-31 | 0.00% |
