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 32.24% is in line with its 5-year average of 34.45%, near the low end of its 5-year range (31.60%–39.57%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.83% below its 12-month average of 33.88%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
32.24%
DEBT TO ASSETS RATIO AVG TTM
33.88%
DEBT TO ASSETS RATIO AVG 3Y
33.63%
DEBT TO ASSETS RATIO AVG 5Y
34.20%
DEBT TO ASSETS RATIO AVG 10Y
30.38%
DEBT TO ASSETS RATIO AVG 15Y
27.21%
DEBT TO ASSETS RATIO AVG 20Y
24.98%
CURRENT VS TTM AVG
-4.83%
CURRENT VS 3Y AVG
-4.12%
CURRENT VS 5Y AVG
-5.71%
CURRENT VS 10Y AVG
+6.13%
CURRENT VS 15Y AVG
+18.52%
CURRENT VS 20Y AVG
+29.08%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
+11415.81%
vs the sector median at left
Siemens AG
Market Cap
$236.75B
Debt to Assets Ratio
32.24%
TTM Avg
33.88%
3Y Avg
33.63%
5Y Avg
34.20%
Market Cap
$182.57B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$170.32B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$156.90B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Siemens AG (SIEGY) | $236.75B | 32.24% | 33.88% | 33.63% | 34.20% |
| GE Vernova Inc. (GEV)vs › | $270.26B | 0.00% | N/A | N/A | N/A |
| RTX Corporation (RTX)vs › | $286.79B | 0.23% | N/A | N/A | N/A |
| Union Pacific Corporation (UNP)vs › | $182.57B | 0.46% | N/A | N/A | N/A |
| ABB Ltd (ABBNY)vs › | $174.91B | 0.20% | N/A | N/A | N/A |
| Schneider Electric S.E. (SBGSY)vs › | $170.32B | 0.28% | N/A | N/A | N/A |
| Deere & Company (DE)vs › | $169.56B | 0.60% | N/A | N/A | N/A |
| The Boeing Company (BA)vs › | $165.17B | 0.32% | N/A | N/A | N/A |
| Eaton Corporation plc (ETN)vs › | $156.90B | 0.27% | N/A | N/A | N/A |
| Siemens Energy AG (SMEGF)vs › | $143.27B | 0.07% | N/A | N/A | N/A |
Debt/Assets
32.2%
Debt/Equity
0.90
Current Ratio
1.37
Interest Coverage
5.5x
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 |
|---|---|
| 2026-03-31 | 32.24% |
| 2025-12-31 | 33.19% |
| 2025-09-30 | 33.70% |
| 2025-06-30 | 34.89% |
| 2025-03-31 | 35.38% |
| 2024-12-31 | 31.60% |
| 2024-09-30 | 32.42% |
| 2024-06-30 | 33.69% |
| 2024-03-31 | 34.85% |
| 2023-12-31 | 34.07% |
| 2023-09-30 | 32.12% |
| 2023-06-30 | 34.03% |
| 2023-03-31 | 34.99% |
| 2022-12-31 | 34.21% |
| 2022-09-30 | 33.42% |
| 2022-06-30 | 35.32% |
| 2022-03-31 | 35.95% |
| 2021-12-31 | 35.64% |
| 2021-09-30 | 34.88% |
| 2021-06-30 | 37.35% |
| 2021-03-31 | 39.57% |
| 2020-12-31 | 35.81% |
| 2020-09-30 | 35.97% |
| 2020-06-30 | 29.33% |
| 2020-03-31 | 28.37% |
| 2019-12-31 | 26.31% |
| 2019-09-30 | 24.26% |
| 2019-06-30 | 24.99% |
| 2019-03-31 | 25.52% |
| 2018-12-31 | 24.78% |
| 2018-09-30 | 23.16% |
| 2018-06-30 | 21.75% |
| 2018-03-31 | 23.18% |
| 2017-12-31 | 23.46% |
| 2017-09-30 | 24.08% |
| 2017-06-30 | 25.43% |
| 2017-03-31 | 28.29% |
| 2016-12-31 | 24.24% |
| 2016-09-30 | 24.63% |
| 2016-06-30 | 23.74% |
| 2016-03-31 | 24.83% |
| 2015-12-31 | 25.76% |
| 2015-09-30 | 24.65% |
| 2015-06-30 | 25.56% |
| 2015-03-31 | 21.22% |
| 2014-12-31 | 21.32% |
| 2014-09-30 | 19.97% |
| 2014-06-30 | 21.83% |
| 2014-03-31 | 22.11% |
| 2013-12-31 | 20.91% |
| 2013-09-30 | 20.06% |
| 2013-06-30 | 21.40% |
| 2013-03-31 | 21.66% |
| 2012-12-31 | 19.39% |
| 2012-09-30 | 19.12% |
| 2012-06-30 | 18.91% |
| 2012-03-31 | 18.57% |
| 2011-12-31 | 16.44% |
| 2011-09-30 | 17.21% |
| 2011-06-30 | 18.91% |
| 2011-03-31 | 18.85% |
| 2010-12-31 | 18.78% |
| 2010-09-30 | 19.37% |
| 2010-06-30 | 19.55% |
| 2010-03-31 | 20.00% |
| 2009-12-31 | 20.06% |
| 2009-09-30 | 20.69% |
| 2009-06-30 | 21.98% |
| 2009-03-31 | 23.01% |
| 2008-12-31 | 20.97% |
| 2008-09-30 | 17.02% |
| 2008-06-30 | 16.47% |
| 2008-03-31 | 14.66% |
| 2007-12-31 | 13.23% |
| 2007-09-30 | 16.93% |
| 2007-06-30 | 20.44% |
| 2007-03-31 | 18.50% |
| 2006-12-31 | 17.56% |
| 2006-09-30 | 17.12% |
| 2006-06-30 | 13.68% |
| 2006-03-31 | 13.80% |
| 2005-12-31 | 13.87% |
| 2005-09-30 | 14.42% |
| 2005-06-30 | 15.71% |
| 2005-03-31 | 15.42% |
| 2004-12-31 | 15.26% |
| 2004-09-30 | 14.11% |
| 2004-06-30 | 16.25% |
| 2004-03-31 | 16.73% |
| 2003-12-31 | 16.56% |
| 2003-09-30 | 16.98% |
| 2003-06-30 | 18.68% |
| 2003-03-31 | 15.63% |
| 2002-12-31 | 15.46% |
| 2002-09-30 | 15.84% |
| 2002-06-30 | 14.55% |