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 31.87% is 31% below its 5-year average of 46.33%, near the low end of its 5-year range (14.33%–100.28%).
As of the fiscal period ended Sunday, July 26, 2026. 7.94% below its 12-month average of 34.63%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2027 (2026-07-26): 31.87%.
DEBT TO ASSETS RATIO
31.87%
DEBT TO ASSETS RATIO AVG TTM
34.63%
DEBT TO ASSETS RATIO AVG 3Y
58.20%
DEBT TO ASSETS RATIO AVG 5Y
46.33%
DEBT TO ASSETS RATIO AVG 10Y
25.03%
DEBT TO ASSETS RATIO AVG 15Y
24.95%
DEBT TO ASSETS RATIO AVG 20Y
19.34%
CURRENT VS TTM AVG
-7.94%
CURRENT VS 3Y AVG
-45.23%
CURRENT VS 5Y AVG
-31.20%
CURRENT VS 10Y AVG
+27.34%
CURRENT VS 15Y AVG
+27.77%
CURRENT VS 20Y AVG
+64.82%
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+16676.27%
vs the sector median at left
Semtech Corporation
Market Cap
$18.21B
Debt to Assets Ratio
31.87%
TTM Avg
34.63%
3Y Avg
58.20%
5Y Avg
46.33%
Market Cap
$18.15B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.31B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.36B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.90B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Semtech Corporation (SMTC) | $18.21B | 31.87% | 34.63% | 58.20% | 46.33% |
| Broadridge Financial Solutions, Inc. (BR)vs › | $18.15B | 0.39% | N/A | N/A | N/A |
| BE Semiconductor Industries N.V. (BESIY)vs › | $18.31B | 0.31% | N/A | N/A | N/A |
| Lattice Semiconductor Corporation (LSCC)vs › | $18.36B | 0.04% | N/A | N/A | N/A |
| Zebra Technologies Corporation (ZBRA)vs › | $17.90B | 0.34% | N/A | N/A | N/A |
| MKS Inc. (MKSI)vs › | $18.85B | 0.47% | N/A | N/A | N/A |
| Fortive Corporation (FTV)vs › | $17.36B | 0.30% | N/A | N/A | N/A |
| Dynatrace, Inc. (DT)vs › | $17.28B | 0.04% | N/A | N/A | N/A |
| Toast, Inc. (TOST)vs › | $17.28B | 0.00% | N/A | N/A | N/A |
| Unity Software Inc. (U)vs › | $19.03B | 0.35% | N/A | N/A | N/A |
Debt/Assets
31.9%
Debt/Equity
0.70
Current Ratio
1.70
Interest Coverage
3.3x
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 |
|---|---|
| 2026-07-26 | 31.87% |
| 2026-04-26 | 34.19% |
| 2026-01-25 | 35.26% |
| 2025-10-26 | 34.89% |
| 2025-07-27 | 36.91% |
| 2025-04-27 | 37.90% |
| 2025-01-31 | 39.28% |
| 2024-10-27 | 86.32% |
| 2024-07-28 | 87.20% |
| 2024-04-28 | 99.78% |
| 2024-01-31 | 100.28% |
| 2023-10-29 | 67.40% |
| 2023-07-30 | 65.30% |
| 2023-04-30 | 55.17% |
| 2023-01-31 | 52.39% |
| 2022-10-30 | 31.03% |
| 2022-07-31 | 14.33% |
| 2022-05-01 | 16.29% |
| 2022-01-31 | 15.53% |
| 2021-10-31 | 15.66% |
| 2021-08-01 | 15.95% |
| 2021-05-02 | 16.39% |
| 2021-01-31 | 16.93% |
| 2020-10-25 | 17.47% |
| 2020-07-26 | 19.43% |
| 2020-04-26 | 20.27% |
| 2020-01-31 | 18.83% |
| 2019-10-27 | 19.00% |
| 2019-07-28 | 19.12% |
| 2019-04-28 | 19.61% |
| 2019-01-31 | 19.86% |
| 2018-10-28 | 19.89% |
| 2018-07-29 | 19.78% |
| 2018-04-29 | 20.29% |
| 2018-01-31 | 20.86% |
| 2017-10-29 | 21.49% |
| 2017-07-30 | 22.02% |
| 2017-04-30 | 23.56% |
| 2017-01-31 | 23.76% |
| 2016-10-30 | 24.76% |
| 2016-07-31 | 26.11% |
| 2016-05-01 | 27.28% |
| 2016-01-31 | 28.28% |
| 2015-10-25 | 29.12% |
| 2015-07-26 | 29.37% |
| 2015-04-26 | 28.74% |
| 2015-01-31 | 27.25% |
| 2014-10-26 | 26.85% |
| 2014-07-27 | 27.57% |
| 2014-04-27 | 30.71% |
| 2014-01-31 | 30.75% |
| 2013-10-27 | 25.22% |
| 2013-07-28 | 25.26% |
| 2013-04-28 | 27.45% |
| 2013-01-31 | 28.24% |
| 2012-10-28 | 27.91% |
| 2012-07-29 | 29.24% |
| 2012-04-29 | 29.60% |
| 2012-01-31 | 0.00% |
| 2011-10-30 | 0.00% |
| 2011-07-31 | 0.00% |
| 2011-05-01 | 0.00% |
| 2011-01-31 | 0.00% |
| 2010-10-31 | 0.00% |
| 2010-08-01 | 0.00% |
| 2010-05-02 | 0.00% |
| 2010-01-31 | 0.00% |
| 2009-10-25 | 0.00% |
| 2009-07-26 | 1.50% |
| 2009-04-26 | 0.00% |
| 2009-01-31 | 0.00% |
| 2008-10-26 | 0.00% |
| 2008-07-27 | 0.00% |
| 2008-04-27 | 0.00% |
| 2008-01-31 | 0.00% |
| 2007-10-28 | 0.00% |
| 2007-07-29 | 0.00% |
| 2007-04-29 | 0.00% |
| 2007-01-31 | 0.00% |
| 2006-10-29 | 0.00% |
| 2006-07-30 | 0.00% |
| 2006-04-30 | 0.00% |
| 2006-01-31 | 0.00% |
| 2005-10-30 | 0.11% |
| 2005-07-31 | 0.27% |
| 2005-05-01 | 0.00% |
| 2005-01-31 | 0.00% |
| 2004-10-31 | 0.00% |
| 2004-07-25 | 0.00% |
| 2004-04-25 | 0.00% |
| 2004-01-31 | 0.00% |
| 2003-10-26 | 0.00% |
| 2003-07-27 | 0.00% |
| 2003-04-27 | 32.45% |
| 2003-01-31 | 38.93% |
| 2002-10-27 | 41.23% |