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 9.36% is 50% below its 2-year average of 18.89%, near the low end of its 2-year range (8.39%–34.19%).
As of the fiscal period ended Tuesday, March 31, 2026. 34.42% below its 12-month average of 14.27%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
9.36%
DEBT TO ASSETS RATIO AVG TTM
14.27%
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
-34.42%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+3184.48%
vs the sector median at left
Shoulder Innovations, Inc.
Market Cap
$468.68M
Debt to Assets Ratio
9.36%
TTM Avg
14.27%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.64B
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.06B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoulder Innovations, Inc. (SI) | $468.68M | 9.36% | 14.27% | N/A | N/A |
| NRC Health (NRC)vs › | $440.37M | 0.66% | N/A | N/A | N/A |
| 23andMe Holding Co. (ME)vs › | $15.31M | 0.19% | N/A | N/A | N/A |
| Teladoc Health, Inc. (TDOC)vs › | $1.26B | 0.37% | N/A | N/A | N/A |
| TransMedics Group, Inc. (TMDX)vs › | $2.64B | 0.57% | N/A | N/A | N/A |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.76B | 0.45% | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | 0.50% | N/A | N/A | N/A |
| Oscar Health, Inc. (OSCR)vs › | $7.81B | 0.05% | N/A | N/A | N/A |
| Tempus AI, Inc. (TEM)vs › | $8.18B | 0.53% | N/A | N/A | N/A |
| Insulet Corp. (PODD)vs › | $9.23B | 0.32% | N/A | N/A | N/A |
Debt/Assets
9.4%
Debt/Equity
0.11
Current Ratio
11.81
Interest Coverage
-375.7x
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 |
|---|---|
| 2026-03-31 | 9.36% |
| 2025-12-31 | 8.84% |
| 2025-09-30 | 8.39% |
| 2025-06-30 | 19.10% |
| 2025-03-31 | 25.67% |
| 2024-12-31 | 34.19% |
| 2023-12-31 | 26.64% |
