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 120.15% is 34% above its 5-year average of 89.88%, near the high end of its 5-year range (62.02%–120.15%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.04% above its 12-month average of 116.60%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 120.15%.
DEBT TO ASSETS RATIO
120.15%
DEBT TO ASSETS RATIO AVG TTM
116.60%
DEBT TO ASSETS RATIO AVG 3Y
104.34%
DEBT TO ASSETS RATIO AVG 5Y
89.88%
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
+3.04%
CURRENT VS 3Y AVG
+15.15%
CURRENT VS 5Y AVG
+33.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+63135.35%
vs the sector median at left
Rackspace Technology, Inc.
Market Cap
$1.04B
Debt to Assets Ratio
120.15%
TTM Avg
116.60%
3Y Avg
104.34%
5Y Avg
89.88%
Market Cap
$1.03B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.09B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$801.76M
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$693.06M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$559.21M
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$444.48M
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rackspace Technology, Inc. (RXT) | $1.04B | 120.15% | 116.60% | 104.34% | 89.88% |
| POET Technologies Inc. (POET)vs › | $1.03B | 0.01% | N/A | N/A | N/A |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.09B | 0.27% | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $801.76M | 0.40% | N/A | N/A | N/A |
| LightPath Technologies, Inc. (LPTH)vs › | $693.06M | 0.06% | N/A | N/A | N/A |
| PagerDuty, Inc. (PD)vs › | $1.40B | 0.43% | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $559.21M | 0.26% | N/A | N/A | N/A |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $444.48M | 0.03% | N/A | N/A | N/A |
| C3.ai, Inc. (AI)vs › | $1.69B | 0.00% | N/A | N/A | N/A |
| Nano Dimension Ltd. (NNDM)vs › | $342.07M | 0.04% | N/A | N/A | N/A |
Debt/Assets
120.1%
Debt/Equity
N/A
Current Ratio
0.76
Interest Coverage
-0.5x
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 | 120.15% |
| 2026-03-31 | 116.70% |
| 2025-12-31 | 117.29% |
| 2025-09-30 | 115.20% |
| 2025-06-30 | 113.67% |
| 2025-03-31 | 111.13% |
| 2024-12-31 | 107.46% |
| 2024-09-30 | 105.31% |
| 2024-06-30 | 99.65% |
| 2024-03-31 | 99.15% |
| 2023-12-31 | 83.82% |
| 2023-09-30 | 85.05% |
| 2023-06-30 | 81.87% |
| 2023-03-31 | 80.81% |
| 2022-12-31 | 70.59% |
| 2022-09-30 | 67.82% |
| 2022-06-30 | 62.71% |
| 2022-03-31 | 62.30% |
| 2021-12-31 | 62.68% |
| 2021-09-30 | 62.02% |
| 2021-06-30 | 62.15% |
| 2021-03-31 | 62.67% |
| 2020-12-31 | 62.57% |
| 2020-09-30 | 62.05% |
| 2020-06-30 | 71.16% |
| 2020-03-31 | 70.11% |
| 2019-12-31 | 68.86% |