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 4.40% is 76% below its 5-year average of 18.02%, near the low end of its 5-year range (4.35%–56.71%).
As of the fiscal period ended Thursday, April 30, 2026. 33.94% below its 12-month average of 6.66%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
4.40%
DEBT TO ASSETS RATIO AVG TTM
6.66%
DEBT TO ASSETS RATIO AVG 3Y
10.86%
DEBT TO ASSETS RATIO AVG 5Y
16.09%
DEBT TO ASSETS RATIO AVG 10Y
24.67%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-33.94%
CURRENT VS 3Y AVG
-59.51%
CURRENT VS 5Y AVG
-72.67%
CURRENT VS 10Y AVG
-82.18%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+2214.28%
vs the sector median at left
Market Cap
$22.82B
Debt to Assets Ratio
0.21%
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) | $23.01B | 4.40% | 6.66% | 10.86% | 16.09% |
| Zscaler, Inc. (ZS)vs › | $23.01B | 0.28% | N/A | N/A | N/A |
| Atlassian Corporation (TEAM)vs › | $22.82B | 0.21% | N/A | N/A | N/A |
| HP Inc. (HPQ)vs › | $23.55B | 0.26% | N/A | N/A | N/A |
| MKS Inc. (MKSI)vs › | $22.23B | 0.53% | N/A | N/A | N/A |
| F5, Inc. (FFIV)vs › | $22.13B | 0.08% | N/A | N/A | N/A |
| MongoDB, Inc. (MDB)vs › | $23.99B | 0.01% | N/A | N/A | N/A |
| First Solar, Inc. (FSLR)vs › | $21.79B | 0.04% | N/A | N/A | N/A |
| Corpay, Inc. (CPAY)vs › | $24.22B | 0.38% | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $21.54B | 0.08% | N/A | N/A | N/A |
Debt/Assets
4.4%
Debt/Equity
0.06
Current Ratio
1.36
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 |
|---|---|
| 2026-04-30 | 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% |
