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 36.04% is 23% below its 3-year average of 46.57%, around the middle of its 3-year range (1.08%–60.01%).
As of the fiscal period ended Tuesday, March 31, 2026. 15.94% below its 12-month average of 42.87%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
36.04%
DEBT TO ASSETS RATIO AVG TTM
42.87%
DEBT TO ASSETS RATIO AVG 3Y
50.70%
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
-15.94%
CURRENT VS 3Y AVG
-28.92%
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 79 covered companies
CURRENT VS SECTOR MEDIAN
+12326.22%
vs the sector median at left
Solventum Corporation
Market Cap
$13.51B
Debt to Assets Ratio
36.04%
TTM Avg
42.87%
3Y Avg
50.70%
5Y Avg
N/A
Market Cap
$13.71B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.96B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.57B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$11.21B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.91B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Solventum Corporation (SOLV) | $13.51B | 36.04% | 42.87% | 50.70% | N/A |
| The Cooper Companies, Inc. (COO)vs › | $13.71B | 0.22% | N/A | N/A | N/A |
| Revvity, Inc. (RVTY)vs › | $12.32B | 0.29% | N/A | N/A | N/A |
| Align Technology, Inc. (ALGN)vs › | $11.96B | 0.02% | N/A | N/A | N/A |
| DaVita Inc. (DVA)vs › | $15.11B | 0.86% | N/A | N/A | N/A |
| Baxter International Inc. (BAX)vs › | $11.57B | 0.50% | N/A | N/A | N/A |
| Insulet Corp. (PODD)vs › | $11.31B | 0.33% | N/A | N/A | N/A |
| Bio-Techne Corporation (TECH)vs › | $11.21B | 0.17% | N/A | N/A | N/A |
| Charles River Laboratories International, Inc. (CRL)vs › | $10.91B | 0.43% | N/A | N/A | N/A |
| Walgreens Boots Alliance, Inc. (WBA)vs › | $10.37B | 0.42% | N/A | N/A | N/A |
Debt/Assets
36.0%
Debt/Equity
1.00
Current Ratio
1.23
Interest Coverage
6.3x
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 |
|---|---|
| 2026-03-31 | 36.04% |
| 2025-12-31 | 35.22% |
| 2025-09-30 | 36.76% |
| 2025-06-30 | 51.84% |
| 2025-03-31 | 54.47% |
| 2024-12-31 | 55.41% |
| 2024-09-30 | 54.99% |
| 2024-06-30 | 56.98% |
| 2024-03-31 | 56.44% |
| 2023-12-31 | 59.55% |
| 2023-09-30 | 60.01% |
| 2023-06-30 | 1.08% |
