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 24.68% is 20% below its 5-year average of 30.79%, near the low end of its 5-year range (20.70%–39.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.07% above its 12-month average of 22.63%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
24.68%
DEBT TO ASSETS RATIO AVG TTM
22.63%
DEBT TO ASSETS RATIO AVG 3Y
28.09%
DEBT TO ASSETS RATIO AVG 5Y
30.79%
DEBT TO ASSETS RATIO AVG 10Y
31.48%
DEBT TO ASSETS RATIO AVG 15Y
28.07%
DEBT TO ASSETS RATIO AVG 20Y
21.87%
CURRENT VS TTM AVG
+9.07%
CURRENT VS 3Y AVG
-12.13%
CURRENT VS 5Y AVG
-19.83%
CURRENT VS 10Y AVG
-21.60%
CURRENT VS 15Y AVG
-12.08%
CURRENT VS 20Y AVG
+12.87%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+13241.73%
vs the sector median at left
Market Cap
$15.35B
Debt to Assets Ratio
0.62%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.26B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.24B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.79B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Inc. (PTC) | $15.39B | 24.68% | 22.63% | 28.09% | 30.79% |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 0.62% | N/A | N/A | N/A |
| IonQ, Inc. (IONQ)vs › | $15.11B | 0.01% | N/A | N/A | N/A |
| Fabrinet (FN)vs › | $14.92B | 0.00% | N/A | N/A | N/A |
| Dynatrace, Inc. (DT)vs › | $14.66B | 0.04% | N/A | N/A | N/A |
| Leidos Holdings, Inc. (LDOS)vs › | $16.26B | 0.42% | N/A | N/A | N/A |
| Tyler Technologies, Inc. (TYL)vs › | $14.24B | 0.25% | N/A | N/A | N/A |
| IREN Limited (IREN)vs › | $16.75B | 0.50% | N/A | N/A | N/A |
| Zebra Technologies Corporation (ZBRA)vs › | $16.79B | 0.34% | N/A | N/A | N/A |
| Onto Innovation Inc. (ONTO)vs › | $13.98B | 0.40% | N/A | N/A | N/A |
Debt/Assets
24.7%
Debt/Equity
0.46
Current Ratio
1.03
Interest Coverage
12.8x
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 | 24.68% |
| 2026-03-31 | 21.13% |
| 2025-12-31 | 23.98% |
| 2025-09-30 | 20.70% |
| 2025-06-30 | 22.66% |
| 2025-03-31 | 25.44% |
| 2024-12-31 | 28.31% |
| 2024-09-30 | 30.24% |
| 2024-06-30 | 32.50% |
| 2024-03-31 | 35.29% |
| 2023-12-31 | 39.08% |
| 2023-09-30 | 30.04% |
| 2023-06-30 | 31.14% |
| 2023-03-31 | 33.64% |
| 2022-12-31 | 32.34% |
| 2022-09-30 | 32.86% |
| 2022-06-30 | 35.17% |
| 2022-03-31 | 33.56% |
| 2021-12-31 | 37.24% |
| 2021-09-30 | 36.57% |
| 2021-06-30 | 39.99% |
| 2021-03-31 | 41.01% |
| 2020-12-31 | 34.63% |
| 2020-09-30 | 36.08% |
| 2020-06-27 | 39.71% |
| 2020-03-28 | 47.97% |
| 2019-12-28 | 41.15% |
| 2019-09-30 | 25.11% |
| 2019-06-29 | 28.54% |
| 2019-03-30 | 29.78% |
| 2018-12-29 | 28.28% |
| 2018-09-30 | 27.62% |
| 2018-06-30 | 30.73% |
| 2018-03-31 | 27.60% |
| 2017-12-30 | 32.20% |
| 2017-09-30 | 30.18% |
| 2017-07-01 | 31.08% |
| 2017-04-01 | 30.51% |
| 2016-12-31 | 33.37% |
| 2016-09-30 | 31.95% |
| 2016-07-02 | 33.27% |
| 2016-04-02 | 34.76% |
| 2016-01-02 | 32.41% |
| 2015-09-30 | 30.23% |
| 2015-07-04 | 29.09% |
| 2015-04-04 | 25.16% |
| 2015-01-03 | 28.34% |
| 2014-09-30 | 27.81% |
| 2014-06-28 | 16.09% |
| 2014-03-29 | 16.24% |
| 2013-12-28 | 19.33% |
| 2013-09-30 | 14.21% |
| 2013-06-29 | 15.26% |
| 2013-03-30 | 17.26% |
| 2012-12-29 | 20.42% |
| 2012-09-30 | 20.65% |
| 2012-06-30 | 8.69% |
| 2012-03-31 | 9.65% |
| 2011-12-31 | 12.40% |
| 2011-09-30 | 12.27% |
| 2011-07-02 | 14.87% |
| 2011-04-02 | 0.00% |
| 2011-01-01 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-07-03 | 0.00% |
| 2010-04-03 | 2.56% |
| 2010-01-02 | 4.20% |
| 2009-09-30 | 4.29% |
| 2009-07-04 | 4.26% |
| 2009-04-04 | 4.21% |
| 2009-01-03 | 5.68% |
| 2008-09-30 | 6.56% |
| 2008-06-28 | 0.00% |
| 2008-03-29 | 11.94% |
| 2007-12-29 | 15.22% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-30 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-07-01 | 0.00% |
| 2006-04-01 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-07-02 | 0.00% |
| 2005-04-02 | 0.00% |
| 2005-01-01 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-07-03 | 0.00% |
| 2004-04-03 | 0.00% |
| 2004-01-03 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-28 | 0.00% |
| 2003-03-29 | 0.00% |
| 2002-12-28 | 0.00% |
| 2002-09-30 | 0.00% |
