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 24.98% is 205% above its 5-year average of 8.20%, near the high end of its 5-year range (6.73%–25.56%).
As of the fiscal period ended Saturday, June 27, 2026. 44.06% above its 12-month average of 17.34%.
Reported quarterly debt to assets ratio; no daily interpolation. Q3 FY2026 (2026-06-27): 24.98%.
DEBT TO ASSETS RATIO
24.98%
DEBT TO ASSETS RATIO AVG TTM
17.34%
DEBT TO ASSETS RATIO AVG 3Y
7.94%
DEBT TO ASSETS RATIO AVG 5Y
8.20%
DEBT TO ASSETS RATIO AVG 10Y
11.57%
DEBT TO ASSETS RATIO AVG 15Y
16.01%
DEBT TO ASSETS RATIO AVG 20Y
21.21%
CURRENT VS TTM AVG
+44.06%
CURRENT VS 3Y AVG
+214.41%
CURRENT VS 5Y AVG
+204.52%
CURRENT VS 10Y AVG
+115.84%
CURRENT VS 15Y AVG
+56.07%
CURRENT VS 20Y AVG
+17.77%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+13046.92%
vs the sector median at left
Sanmina Corporation
Market Cap
$12.28B
Debt to Assets Ratio
24.98%
TTM Avg
17.34%
3Y Avg
7.94%
5Y Avg
8.20%
Market Cap
$12.24B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.19B
Debt to Assets Ratio
0.40%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.90B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.79B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sanmina Corporation (SANM) | $12.28B | 24.98% | 17.34% | 7.94% | 8.20% |
| Grab Holdings Limited (GRAB)vs › | $12.24B | 0.15% | N/A | N/A | N/A |
| Advanced Energy Industries, Inc. (AEIS)vs › | $12.19B | 0.40% | N/A | N/A | N/A |
| Gartner, Inc. (IT)vs › | $12.38B | 0.41% | N/A | N/A | N/A |
| Rambus Inc. (RMBS)vs › | $12.14B | 0.01% | N/A | N/A | N/A |
| Nova Ltd. (NVMI)vs › | $12.59B | 0.32% | N/A | N/A | N/A |
| Manhattan Associates, Inc. (MANH)vs › | $11.90B | 0.08% | N/A | N/A | N/A |
| Skyworks Solutions, Inc. (SWKS)vs › | $12.79B | 0.09% | N/A | N/A | N/A |
| GoDaddy Inc. (GDDY)vs › | $12.87B | 0.48% | N/A | N/A | N/A |
| FormFactor, Inc. (FORM)vs › | $11.63B | 0.02% | N/A | N/A | N/A |
Debt/Assets
25.0%
Debt/Equity
0.95
Current Ratio
1.78
Interest Coverage
82.5x
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 |
|---|---|
| 2026-06-27 | 24.98% |
| 2026-03-28 | 22.46% |
| 2025-12-27 | 25.56% |
| 2025-09-27 | 6.73% |
| 2025-06-28 | 6.97% |
| 2025-03-29 | 7.37% |
| 2024-12-28 | 7.78% |
| 2024-09-28 | 7.96% |
| 2024-06-29 | 8.31% |
| 2024-03-30 | 8.43% |
| 2023-12-30 | 8.77% |
| 2023-09-30 | 8.64% |
| 2023-07-01 | 8.47% |
| 2023-04-01 | 8.45% |
| 2022-12-31 | 7.95% |
| 2022-09-30 | 8.52% |
| 2022-07-02 | 7.82% |
| 2022-04-02 | 8.12% |
| 2022-01-01 | 8.39% |
| 2021-09-30 | 9.18% |
| 2021-07-03 | 9.79% |
| 2021-04-03 | 10.37% |
| 2021-01-02 | 10.56% |
| 2020-09-30 | 10.65% |
| 2020-06-27 | 23.75% |
| 2020-03-28 | 24.48% |
| 2019-12-28 | 11.53% |
| 2019-09-30 | 9.87% |
| 2019-06-29 | 12.59% |
| 2019-03-30 | 15.29% |
| 2018-12-29 | 16.74% |
| 2018-09-30 | 14.88% |
| 2018-06-30 | 16.08% |
| 2018-03-31 | 16.87% |
| 2017-12-30 | 14.94% |
| 2017-09-30 | 12.47% |
| 2017-07-01 | 10.35% |
| 2017-04-01 | 10.68% |
| 2016-12-31 | 11.91% |
| 2016-09-30 | 12.76% |
| 2016-07-02 | 14.46% |
| 2016-04-02 | 15.95% |
| 2016-01-02 | 14.97% |
| 2015-09-30 | 15.38% |
| 2015-06-27 | 13.69% |
| 2015-03-28 | 15.10% |
| 2014-12-27 | 15.20% |
| 2014-09-30 | 16.42% |
| 2014-06-28 | 21.29% |
| 2014-03-29 | 21.29% |
| 2013-12-28 | 21.27% |
| 2013-09-30 | 19.52% |
| 2013-06-29 | 22.66% |
| 2013-03-30 | 25.10% |
| 2012-12-29 | 29.15% |
| 2012-09-30 | 28.33% |
| 2012-06-30 | 31.98% |
| 2012-03-31 | 35.08% |
| 2011-12-31 | 38.40% |
| 2011-09-30 | 37.05% |
| 2011-07-02 | 36.62% |
| 2011-04-02 | 39.90% |
| 2011-01-01 | 40.02% |
| 2010-09-30 | 39.54% |
| 2010-07-03 | 39.61% |
| 2010-04-03 | 40.90% |
| 2010-01-02 | 41.44% |
| 2009-09-30 | 46.02% |
| 2009-06-27 | 46.72% |
| 2009-03-28 | 46.97% |
| 2008-12-27 | 44.48% |
| 2008-09-30 | 42.17% |
| 2008-06-28 | 32.67% |
| 2008-03-29 | 32.86% |
| 2007-12-29 | 31.41% |
| 2007-09-30 | 34.01% |
| 2007-06-30 | 27.41% |
| 2007-03-31 | 29.11% |
| 2006-12-30 | 33.98% |
| 2006-09-30 | 27.42% |
| 2006-07-01 | 25.10% |
| 2006-04-01 | 26.04% |
| 2005-12-31 | 25.91% |
| 2005-09-30 | 26.37% |
| 2005-07-02 | 29.63% |
| 2005-04-02 | 29.45% |
| 2005-01-01 | 24.99% |
| 2004-09-30 | 25.46% |
| 2004-06-26 | 25.33% |
| 2004-03-27 | 25.33% |
| 2003-12-27 | 24.82% |
| 2003-09-30 | 25.89% |
| 2003-06-28 | 30.85% |
| 2003-03-29 | 31.34% |
| 2002-12-28 | 31.47% |
| 2002-09-30 | 29.81% |