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 3.19% is 86% below its 5-year average of 22.20%, near the low end of its 5-year range (3.19%–40.80%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.53% below its 12-month average of 14.87%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
3.19%
DEBT TO ASSETS RATIO AVG TTM
14.87%
DEBT TO ASSETS RATIO AVG 3Y
25.11%
DEBT TO ASSETS RATIO AVG 5Y
22.20%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-78.53%
CURRENT VS 3Y AVG
-87.28%
CURRENT VS 5Y AVG
-85.62%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.27%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+1104.80%
vs the sector median at left
Rocket Lab USA, Inc.
Market Cap
$38.24B
Debt to Assets Ratio
3.19%
TTM Avg
14.87%
3Y Avg
25.11%
5Y Avg
22.20%
Market Cap
$38.92B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.53B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.59B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.11B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$43.32B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rocket Lab USA, Inc. (RKLB) | $38.24B | 3.19% | 14.87% | 25.11% | 22.20% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.92B | 0.00% | N/A | N/A | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $40.53B | 0.25% | N/A | N/A | N/A |
| United Airlines Holdings, Inc. (UAL)vs › | $35.59B | 0.40% | N/A | N/A | N/A |
| Waste Connections, Inc. (WCN)vs › | $41.11B | 0.45% | N/A | N/A | N/A |
| Paychex, Inc. (PAYX)vs › | $41.64B | 0.29% | N/A | N/A | N/A |
| Ferrovial SE (FER)vs › | $42.13B | 0.39% | N/A | N/A | N/A |
| EMCOR Group, Inc. (EME)vs › | $34.25B | 0.05% | N/A | N/A | N/A |
| Thomson Reuters Corporation (TRI)vs › | $43.32B | 0.18% | N/A | N/A | N/A |
| Ferguson plc (FERG)vs › | $44.28B | 0.33% | N/A | N/A | N/A |
Debt/Assets
3.2%
Debt/Equity
0.04
Current Ratio
5.48
Interest Coverage
-8.6x
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 | 3.19% |
| 2026-03-31 | 4.92% |
| 2025-12-31 | 10.93% |
| 2025-09-30 | 23.26% |
| 2025-06-30 | 32.07% |
| 2025-03-31 | 39.02% |
| 2024-12-31 | 39.55% |
| 2024-09-30 | 40.80% |
| 2024-06-30 | 39.86% |
| 2024-03-31 | 40.34% |
| 2023-12-31 | 18.77% |
| 2023-09-30 | 17.06% |
| 2023-06-30 | 16.60% |
| 2023-03-31 | 15.44% |
| 2022-12-31 | 15.45% |
| 2022-09-30 | 14.93% |
| 2022-06-30 | 14.69% |
| 2022-03-31 | 14.08% |
| 2021-12-31 | 13.09% |
| 2021-09-30 | 13.12% |
| 2021-06-30 | 38.94% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 14.53% |
