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 33.24% is 20% above its 5-year average of 27.79%, near the high end of its 5-year range (23.90%–34.82%).
As of the fiscal period ended Friday, July 3, 2026. 17.64% above its 12-month average of 28.26%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
33.24%
DEBT TO ASSETS RATIO AVG TTM
28.26%
DEBT TO ASSETS RATIO AVG 3Y
25.31%
DEBT TO ASSETS RATIO AVG 5Y
27.79%
DEBT TO ASSETS RATIO AVG 10Y
35.41%
DEBT TO ASSETS RATIO AVG 15Y
33.91%
DEBT TO ASSETS RATIO AVG 20Y
34.84%
CURRENT VS TTM AVG
+17.64%
CURRENT VS 3Y AVG
+31.33%
CURRENT VS 5Y AVG
+19.61%
CURRENT VS 10Y AVG
-6.13%
CURRENT VS 15Y AVG
-1.98%
CURRENT VS 20Y AVG
-4.59%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+17868.58%
vs the sector median at left
ON Semiconductor Corporation
Market Cap
$28.01B
Debt to Assets Ratio
33.24%
TTM Avg
28.26%
3Y Avg
25.31%
5Y Avg
27.79%
Market Cap
$28.13B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.35B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$26.94B
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 |
|---|---|---|---|---|---|
| ON Semiconductor Corporation (ON) | $28.01B | 33.24% | 28.26% | 25.31% | 27.79% |
| Teledyne Technologies Incorporated (TDY)vs › | $28.13B | 0.13% | N/A | N/A | N/A |
| HP Inc. (HPQ)vs › | $28.30B | 0.23% | N/A | N/A | N/A |
| Zoom Communications, Inc. (ZM)vs › | $28.35B | 0.00% | N/A | N/A | N/A |
| Okta, Inc. (OKTA)vs › | $27.72B | 0.01% | N/A | N/A | N/A |
| MongoDB, Inc. (MDB)vs › | $28.73B | 0.01% | N/A | N/A | N/A |
| Fiserv, Inc. (FISV)vs › | $26.99B | 0.34% | N/A | N/A | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.94B | 0.10% | N/A | N/A | N/A |
| Corpay, Inc. (CPAY)vs › | $26.65B | 0.38% | N/A | N/A | N/A |
| Zscaler, Inc. (ZS)vs › | $26.31B | 0.24% | N/A | N/A | N/A |
Debt/Assets
33.2%
Debt/Equity
0.62
Current Ratio
3.46
Interest Coverage
10.5x
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 |
|---|---|
| 2026-07-03 | 33.24% |
| 2026-04-03 | 25.03% |
| 2025-12-31 | 27.69% |
| 2025-10-03 | 29.62% |
| 2025-07-04 | 25.71% |
| 2025-04-04 | 25.43% |
| 2024-12-31 | 23.90% |
| 2024-09-27 | 24.18% |
| 2024-06-28 | 24.62% |
| 2024-03-29 | 24.92% |
| 2023-12-31 | 25.42% |
| 2023-09-29 | 26.21% |
| 2023-06-30 | 27.29% |
| 2023-03-31 | 28.51% |
| 2022-12-31 | 26.97% |
| 2022-09-30 | 28.93% |
| 2022-07-01 | 29.78% |
| 2022-04-01 | 31.39% |
| 2021-12-31 | 32.18% |
| 2021-10-01 | 34.82% |
| 2021-07-02 | 36.17% |
| 2021-04-02 | 38.74% |
| 2020-12-31 | 40.28% |
| 2020-10-02 | 45.81% |
| 2020-07-03 | 49.75% |
| 2020-04-03 | 50.24% |
| 2019-12-31 | 42.88% |
| 2019-09-27 | 42.42% |
| 2019-06-28 | 42.89% |
| 2019-03-29 | 36.62% |
| 2018-12-31 | 36.46% |
| 2018-09-28 | 36.64% |
| 2018-06-29 | 37.92% |
| 2018-03-30 | 38.99% |
| 2017-12-31 | 41.03% |
| 2017-09-29 | 42.89% |
| 2017-06-30 | 45.95% |
| 2017-03-31 | 49.11% |
| 2016-12-31 | 52.31% |
| 2016-09-30 | 53.55% |
| 2016-07-01 | 56.94% |
| 2016-04-01 | 35.29% |
| 2015-12-31 | 36.02% |
| 2015-10-02 | 35.64% |
| 2015-07-03 | 35.20% |
| 2015-04-03 | 31.04% |
| 2014-12-31 | 30.98% |
| 2014-09-26 | 30.49% |
| 2014-06-27 | 26.47% |
| 2014-03-28 | 28.00% |
| 2013-12-31 | 28.93% |
| 2013-09-27 | 27.96% |
| 2013-06-28 | 28.31% |
| 2013-03-29 | 29.37% |
| 2012-12-31 | 30.40% |
| 2012-09-28 | 28.98% |
| 2012-06-29 | 28.38% |
| 2012-03-30 | 31.05% |
| 2011-12-31 | 31.08% |
| 2011-09-30 | 30.83% |
| 2011-07-01 | 30.97% |
| 2011-04-01 | 31.67% |
| 2010-12-31 | 30.45% |
| 2010-10-01 | 29.17% |
| 2010-07-02 | 29.65% |
| 2010-04-02 | 36.72% |
| 2009-12-31 | 38.67% |
| 2009-10-02 | 39.37% |
| 2009-07-03 | 40.66% |
| 2009-04-03 | 42.10% |
| 2008-12-31 | 42.89% |
| 2008-09-26 | 41.97% |
| 2008-06-27 | 43.41% |
| 2008-03-28 | 42.65% |
| 2007-12-31 | 70.80% |
| 2007-09-28 | 74.66% |
| 2007-06-29 | 80.09% |
| 2007-03-30 | 79.85% |
| 2006-12-31 | 83.02% |
| 2006-09-29 | 71.06% |
| 2006-06-30 | 74.56% |
| 2006-03-31 | 87.70% |
| 2005-12-31 | 92.90% |
| 2005-09-30 | 97.18% |
| 2005-07-01 | 100.91% |
| 2005-04-01 | 103.03% |
| 2004-12-31 | 103.76% |
| 2004-10-01 | 93.36% |
| 2004-07-02 | 93.02% |
| 2004-04-02 | 94.05% |
| 2003-12-31 | 112.18% |
| 2003-10-03 | 108.70% |
| 2003-07-04 | 122.45% |
| 2003-04-04 | 118.54% |
| 2002-12-31 | 118.29% |
| 2002-09-27 | 111.66% |