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 10.77% is 27% below its 5-year average of 14.75%, near the low end of its 5-year range (10.77%–17.89%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.93% below its 12-month average of 11.96%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
10.77%
DEBT TO ASSETS RATIO AVG TTM
11.96%
DEBT TO ASSETS RATIO AVG 3Y
13.84%
DEBT TO ASSETS RATIO AVG 5Y
14.75%
DEBT TO ASSETS RATIO AVG 10Y
9.69%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-9.93%
CURRENT VS 3Y AVG
-22.16%
CURRENT VS 5Y AVG
-26.95%
CURRENT VS 10Y AVG
+11.11%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+3614.36%
vs the sector median at left
Penumbra, Inc.
Market Cap
$12.64B
Debt to Assets Ratio
10.77%
TTM Avg
11.96%
3Y Avg
13.84%
5Y Avg
14.75%
Market Cap
$13.41B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.86B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$13.84B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.38B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.35B
Debt to Assets Ratio
0.11%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Penumbra, Inc. (PEN) | $12.64B | 10.77% | 11.96% | 13.84% | 14.75% |
| Tempus AI, Inc. (TEM)vs › | $12.38B | 0.61% | N/A | N/A | N/A |
| Baxter International Inc. (BAX)vs › | $13.41B | 0.49% | N/A | N/A | N/A |
| Encompass Health Corporation (EHC)vs › | $11.86B | 0.38% | N/A | N/A | N/A |
| DaVita Inc. (DVA)vs › | $11.48B | 0.61% | N/A | N/A | N/A |
| The Cooper Companies, Inc. (COO)vs › | $13.84B | 0.20% | N/A | N/A | N/A |
| Exelixis, Inc. (EXEL)vs › | $13.89B | 0.07% | N/A | N/A | N/A |
| Align Technology, Inc. (ALGN)vs › | $11.38B | 0.02% | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.35B | 0.11% | N/A | N/A | N/A |
| Globus Medical, Inc. (GMED)vs › | $11.13B | 0.02% | N/A | N/A | N/A |
Debt/Assets
10.8%
Debt/Equity
0.14
Current Ratio
5.75
Interest Coverage
144.3x
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 |
|---|---|
| 2026-06-30 | 10.77% |
| 2026-03-31 | 11.39% |
| 2025-12-31 | 12.03% |
| 2025-09-30 | 12.44% |
| 2025-06-30 | 13.17% |
| 2025-03-31 | 13.85% |
| 2024-12-31 | 14.57% |
| 2024-09-30 | 15.33% |
| 2024-06-30 | 14.91% |
| 2024-03-31 | 14.65% |
| 2023-12-31 | 15.06% |
| 2023-09-30 | 15.58% |
| 2023-06-30 | 16.14% |
| 2023-03-31 | 16.74% |
| 2022-12-31 | 17.20% |
| 2022-09-30 | 16.46% |
| 2022-06-30 | 16.56% |
| 2022-03-31 | 16.82% |
| 2021-12-31 | 13.95% |
| 2021-09-30 | 17.89% |
| 2021-06-30 | 14.17% |
| 2021-03-31 | 9.13% |
| 2020-12-31 | 9.39% |
| 2020-09-30 | 9.65% |
| 2020-06-30 | 9.94% |
| 2020-03-31 | 12.01% |
| 2019-12-31 | 12.36% |
| 2019-09-30 | 8.05% |
| 2019-06-30 | 8.53% |
| 2019-03-31 | 8.75% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 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% |
