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 1.21% is 85% below its 3-year average of 8.32%, near the low end of its 3-year range (1.21%–16.54%).
As of the fiscal period ended Friday, April 3, 2026. 86.18% below its 12-month average of 8.77%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.21%
DEBT TO ASSETS RATIO AVG TTM
8.77%
DEBT TO ASSETS RATIO AVG 3Y
8.32%
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
-86.18%
CURRENT VS 3Y AVG
-85.42%
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 · TECHNOLOGY
0.18%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+573.50%
vs the sector median at left
Sandisk Corporation
Market Cap
$179.90B
Debt to Assets Ratio
1.21%
TTM Avg
8.77%
3Y Avg
8.32%
5Y Avg
N/A
Market Cap
$178.96B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$187.80B
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$191.97B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$194.34B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$164.26B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$197.70B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$154.99B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sandisk Corporation (SNDK) | $179.90B | 1.21% | 8.77% | 8.32% | N/A |
| Analog Devices, Inc. (ADI)vs › | $178.96B | 0.18% | N/A | N/A | N/A |
| Western Digital Corporation (WDC)vs › | $187.80B | 0.36% | N/A | N/A | N/A |
| Seagate Technology Holdings plc (STX)vs › | $191.97B | 0.00% | N/A | N/A | N/A |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $194.34B | 0.07% | N/A | N/A | N/A |
| Marvell Technology, Inc. (MRVL)vs › | $164.26B | 0.21% | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $197.70B | 0.43% | N/A | N/A | N/A |
| QUALCOMM Incorporated (QCOM)vs › | $154.99B | 0.33% | N/A | N/A | N/A |
| Shopify Inc. (SHOP)vs › | $152.02B | 0.01% | N/A | N/A | N/A |
| Salesforce, Inc. (CRM)vs › | $150.71B | 0.15% | N/A | N/A | N/A |
Debt/Assets
1.2%
Debt/Equity
0.22
Current Ratio
3.56
Interest Coverage
-21.9x
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 |
|---|---|
| 2026-04-03 | 1.21% |
| 2026-01-02 | 6.07% |
| 2025-10-03 | 12.07% |
| 2025-06-27 | 15.73% |
| 2025-03-28 | 16.54% |
| 2024-12-27 | 5.14% |
| 2024-09-27 | 3.42% |
| 2024-06-30 | 7.29% |
| 2023-06-30 | 7.38% |