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 2.53% is 14% above its 5-year average of 2.22%, near the low end of its 5-year range (1.15%–9.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.18% below its 12-month average of 3.02%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
2.53%
DEBT TO ASSETS RATIO AVG TTM
3.02%
DEBT TO ASSETS RATIO AVG 3Y
3.47%
DEBT TO ASSETS RATIO AVG 5Y
2.22%
DEBT TO ASSETS RATIO AVG 10Y
1.98%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-16.18%
CURRENT VS 3Y AVG
-27.09%
CURRENT VS 5Y AVG
+14.05%
CURRENT VS 10Y AVG
+27.89%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 172 covered companies
CURRENT VS SECTOR MEDIAN
+1230.24%
vs the sector median at left
Paylocity Holding Corporation
Market Cap
$7.94B
Debt to Assets Ratio
2.53%
TTM Avg
3.02%
3Y Avg
3.47%
5Y Avg
2.22%
Market Cap
$8.98B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paylocity Holding Corporation (PCTY) | $7.94B | 2.53% | 3.02% | 3.47% | 2.22% |
| SentinelOne, Inc. (S)vs › | $7.78B | N/A | N/A | N/A | N/A |
| Camtek Ltd. (CAMT)vs › | $7.72B | 0.38% | N/A | N/A | N/A |
| UiPath Inc. (PATH)vs › | $8.52B | 0.03% | N/A | N/A | N/A |
| TeraWulf Inc. (WULF)vs › | $8.61B | 0.65% | N/A | N/A | N/A |
| GitLab Inc. (GTLB)vs › | $7.20B | N/A | N/A | N/A | N/A |
| Plexus Corp. (PLXS)vs › | $7.15B | 0.08% | N/A | N/A | N/A |
| InterDigital, Inc. (IDCC)vs › | $8.87B | 0.18% | N/A | N/A | N/A |
| Applied Digital Corp. (APLD)vs › | $8.98B | 0.51% | N/A | N/A | N/A |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.02B | 0.04% | N/A | N/A | N/A |
Debt/Assets
2.5%
Debt/Equity
0.10
Current Ratio
1.09
Interest Coverage
N/A
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 | 2.53% |
| 2026-03-31 | 2.47% |
| 2025-12-31 | 1.91% |
| 2025-09-30 | 3.20% |
| 2025-06-30 | 4.96% |
| 2025-03-31 | 5.82% |
| 2024-12-31 | 7.22% |
| 2024-09-30 | 9.40% |
| 2024-06-30 | 1.28% |
| 2024-03-31 | 1.15% |
| 2023-12-31 | 1.32% |
| 2023-09-30 | 1.89% |
| 2023-06-30 | 1.90% |
| 2023-03-31 | 1.71% |
| 2022-12-31 | 1.88% |
| 2022-09-30 | 2.44% |
| 2022-06-30 | 1.61% |
| 2022-03-31 | 1.56% |
| 2021-12-31 | 3.03% |
| 2021-09-30 | 1.95% |
| 2021-06-30 | 3.10% |
| 2021-03-31 | 2.87% |
| 2020-12-31 | 6.22% |
| 2020-09-30 | 8.95% |
| 2020-06-30 | 9.13% |
| 2020-03-31 | 3.67% |
| 2019-12-31 | 3.64% |
| 2019-09-30 | 5.26% |
| 2019-06-30 | 0.08% |
| 2019-03-31 | 0.05% |
| 2018-12-31 | 0.09% |
| 2018-09-30 | 0.12% |
| 2018-06-30 | 0.14% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.24% |
| 2013-09-30 | 0.45% |
| 2013-06-30 | 0.41% |