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 18.89% is 1515% above its 5-year average of 1.17%, near the high end of its 5-year range (0.00%–18.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 123.96% above its 12-month average of 8.43%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 18.89%.
DEBT TO ASSETS RATIO
18.89%
DEBT TO ASSETS RATIO AVG TTM
8.43%
DEBT TO ASSETS RATIO AVG 3Y
1.48%
DEBT TO ASSETS RATIO AVG 5Y
1.17%
DEBT TO ASSETS RATIO AVG 10Y
1.67%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+123.96%
CURRENT VS 3Y AVG
+1178.02%
CURRENT VS 5Y AVG
+1515.44%
CURRENT VS 10Y AVG
+1029.10%
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
+10395.16%
vs the sector median at left
Paycom Software, Inc.
Market Cap
$10.04B
Debt to Assets Ratio
18.89%
TTM Avg
8.43%
3Y Avg
1.48%
5Y Avg
1.17%
Market Cap
$10.19B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.69B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.71B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.34B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paycom Software, Inc. (PAYC) | $10.04B | 18.89% | 8.43% | 1.48% | 1.17% |
| Advanced Energy Industries, Inc. (AEIS)vs › | $10.19B | 0.40% | N/A | N/A | N/A |
| Nova Ltd. (NVMI)vs › | $10.64B | 0.32% | N/A | N/A | N/A |
| Elastic N.V. (ESTC)vs › | $8.85B | 0.20% | N/A | N/A | N/A |
| InterDigital, Inc. (IDCC)vs › | $8.78B | 0.18% | N/A | N/A | N/A |
| Rambus Inc. (RMBS)vs › | $8.72B | 0.01% | N/A | N/A | N/A |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.69B | 0.01% | N/A | N/A | N/A |
| Amkor Technology, Inc. (AMKR)vs › | $11.71B | 0.26% | N/A | N/A | N/A |
| Viavi Solutions Inc. (VIAV)vs › | $8.34B | 0.26% | N/A | N/A | N/A |
| GitLab Inc. (GTLB)vs › | $8.32B | 0.00% | N/A | N/A | N/A |
Debt/Assets
18.9%
Debt/Equity
1.72
Current Ratio
1.07
Interest Coverage
166.8x
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 | 18.89% |
| 2026-03-31 | 15.84% |
| 2025-12-31 | 2.00% |
| 2025-09-30 | 3.43% |
| 2025-06-30 | 2.01% |
| 2025-03-31 | 1.78% |
| 2024-12-31 | 1.42% |
| 2024-09-30 | 2.31% |
| 2024-06-30 | 0.00% |
| 2024-03-31 | 0.00% |
| 2023-12-31 | 1.81% |
| 2023-09-30 | 0.75% |
| 2023-06-30 | 0.73% |
| 2023-03-31 | 0.68% |
| 2022-12-31 | 0.74% |
| 2022-09-30 | 0.87% |
| 2022-06-30 | 0.59% |
| 2022-03-31 | 0.53% |
| 2021-12-31 | 0.91% |
| 2021-09-30 | 0.70% |
| 2021-06-30 | 0.93% |
| 2021-03-31 | 0.89% |
| 2020-12-31 | 1.18% |
| 2020-09-30 | 1.26% |
| 2020-06-30 | 1.65% |
| 2020-03-31 | 1.39% |
| 2019-12-31 | 1.31% |
| 2019-09-30 | 2.08% |
| 2019-06-30 | 1.83% |
| 2019-03-31 | 1.65% |
| 2018-12-31 | 2.26% |
| 2018-09-30 | 2.37% |
| 2018-06-30 | 2.48% |
| 2018-03-31 | 2.19% |
| 2017-12-31 | 2.60% |
| 2017-09-30 | 3.21% |
| 2017-06-30 | 3.31% |
| 2017-03-31 | 2.59% |
| 2016-12-31 | 2.77% |
| 2016-09-30 | 3.67% |
| 2016-06-30 | 2.32% |
| 2016-03-31 | 1.92% |
| 2015-12-31 | 2.94% |
| 2015-09-30 | 3.34% |
| 2015-06-30 | 3.76% |
| 2015-03-31 | 3.58% |
| 2014-12-31 | 3.38% |
| 2014-09-30 | 5.20% |
| 2014-06-30 | 6.23% |
| 2014-03-31 | 16.22% |
| 2013-12-31 | 14.33% |
| 2013-09-30 | 9.19% |
| 2012-12-31 | 0.00% |
