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 52.68% is 14% below its 5-year average of 61.26%, near the low end of its 5-year range (51.21%–71.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.35% above its 12-month average of 52.49%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
52.68%
DEBT TO ASSETS RATIO AVG TTM
52.49%
DEBT TO ASSETS RATIO AVG 3Y
56.86%
DEBT TO ASSETS RATIO AVG 5Y
61.26%
DEBT TO ASSETS RATIO AVG 10Y
52.62%
DEBT TO ASSETS RATIO AVG 15Y
48.80%
DEBT TO ASSETS RATIO AVG 20Y
46.94%
CURRENT VS TTM AVG
+0.35%
CURRENT VS 3Y AVG
-7.35%
CURRENT VS 5Y AVG
-14.01%
CURRENT VS 10Y AVG
+0.11%
CURRENT VS 15Y AVG
+7.95%
CURRENT VS 20Y AVG
+12.24%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.39%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+13407.43%
vs the sector median at left
Royal Caribbean Cruises Ltd.
Market Cap
$85.82B
Debt to Assets Ratio
52.68%
TTM Avg
52.49%
3Y Avg
56.86%
5Y Avg
61.26%
Market Cap
$92.29B
Debt to Assets Ratio
0.63%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.21B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$77.51B
Debt to Assets Ratio
0.55%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$71.48B
Debt to Assets Ratio
0.83%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Caribbean Cruises Ltd. (RCL) | $85.82B | 52.68% | 52.49% | 56.86% | 61.26% |
| Ross Stores, Inc. (ROST)vs › | $81.87B | 0.30% | N/A | N/A | N/A |
| Marriott International, Inc. (MAR)vs › | $92.29B | 0.63% | N/A | N/A | N/A |
| MercadoLibre, Inc. (MELI)vs › | $92.30B | 0.05% | N/A | N/A | N/A |
| General Motors Company (GM)vs › | $79.21B | 0.45% | N/A | N/A | N/A |
| Carvana Co. (CVNA)vs › | $77.71B | 0.39% | N/A | N/A | N/A |
| O'Reilly Automotive, Inc. (ORLY)vs › | $77.51B | 0.55% | N/A | N/A | N/A |
| Ferrari N.V. (RACE)vs › | $72.52B | 0.31% | N/A | N/A | N/A |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $71.48B | 0.83% | N/A | N/A | N/A |
| Sea Limited (SE)vs › | $68.10B | 0.12% | N/A | N/A | N/A |
Debt/Assets
52.7%
Debt/Equity
2.30
Current Ratio
0.21
Interest Coverage
5.0x
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 | 52.68% |
| 2026-03-31 | 51.90% |
| 2025-12-31 | 54.39% |
| 2025-09-30 | 52.29% |
| 2025-06-30 | 51.21% |
| 2025-03-31 | 53.72% |
| 2024-12-31 | 56.16% |
| 2024-09-30 | 58.15% |
| 2024-06-30 | 58.88% |
| 2024-03-31 | 60.20% |
| 2023-12-31 | 62.99% |
| 2023-09-30 | 62.76% |
| 2023-06-30 | 63.84% |
| 2023-03-31 | 67.08% |
| 2022-12-31 | 71.04% |
| 2022-09-30 | 71.56% |
| 2022-06-30 | 70.25% |
| 2022-03-31 | 70.13% |
| 2021-12-31 | 67.25% |
| 2021-09-30 | 65.70% |
| 2021-06-30 | 64.31% |
| 2021-03-31 | 62.83% |
| 2020-12-31 | 61.59% |
| 2020-09-30 | 61.39% |
| 2020-06-30 | 58.55% |
| 2020-03-31 | 49.97% |
| 2019-12-31 | 38.70% |
| 2019-09-30 | 38.22% |
| 2019-06-30 | 39.09% |
| 2019-03-31 | 38.58% |
| 2018-12-31 | 38.91% |
| 2018-09-30 | 37.55% |
| 2018-06-30 | 35.41% |
| 2018-03-31 | 36.75% |
| 2017-12-31 | 33.72% |
| 2017-09-30 | 34.35% |
| 2017-06-30 | 36.42% |
| 2017-03-31 | 38.92% |
| 2016-12-31 | 42.08% |
| 2016-09-30 | 43.29% |
| 2016-06-30 | 44.72% |
| 2016-03-31 | 41.51% |
| 2015-12-31 | 41.03% |
| 2015-09-30 | 40.51% |
| 2015-06-30 | 41.04% |
| 2015-03-31 | 41.01% |
| 2014-12-31 | 40.77% |
| 2014-09-30 | 35.64% |
| 2014-06-30 | 37.95% |
| 2014-03-31 | 39.74% |
| 2013-12-31 | 40.23% |
| 2013-09-30 | 39.45% |
| 2013-06-30 | 41.37% |
| 2013-03-31 | 42.62% |
| 2012-12-31 | 42.82% |
| 2012-09-30 | 39.55% |
| 2012-06-30 | 41.76% |
| 2012-03-31 | 42.63% |
| 2011-12-31 | 42.90% |
| 2011-09-30 | 43.51% |
| 2011-06-30 | 43.14% |
| 2011-03-31 | 44.39% |
| 2010-12-31 | 46.46% |
| 2010-09-30 | 43.45% |
| 2010-06-30 | 44.31% |
| 2010-03-31 | 44.93% |
| 2009-12-31 | 46.18% |
| 2009-09-30 | 42.45% |
| 2009-06-30 | 41.43% |
| 2009-03-31 | 43.03% |
| 2008-12-31 | 42.59% |
| 2008-09-30 | 38.23% |
| 2008-06-30 | 38.71% |
| 2008-03-31 | 38.25% |
| 2007-12-31 | 38.03% |
| 2007-09-30 | 38.96% |
| 2007-06-30 | 39.81% |
| 2007-03-31 | 39.21% |
| 2006-12-31 | 40.42% |
| 2006-09-30 | 36.44% |
| 2006-06-30 | 37.84% |
| 2006-03-31 | 45.35% |
| 2005-12-31 | 36.91% |
| 2005-09-30 | 36.94% |
| 2005-06-30 | 40.85% |
| 2005-03-31 | 44.18% |
| 2004-12-31 | 55.22% |
| 2004-09-30 | 48.69% |
| 2004-06-30 | 49.75% |
| 2004-03-31 | 50.39% |
| 2003-12-31 | 51.54% |
| 2003-09-30 | 49.89% |
| 2003-06-30 | 50.97% |
| 2003-03-31 | 50.78% |
| 2002-12-31 | 51.67% |
| 2002-09-30 | 52.07% |
