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 33.61% is 10% below its 5-year average of 37.46%, near the low end of its 5-year range (33.61%–41.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.83% below its 12-month average of 37.69%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
33.61%
DEBT TO ASSETS RATIO AVG TTM
37.69%
DEBT TO ASSETS RATIO AVG 3Y
37.55%
DEBT TO ASSETS RATIO AVG 5Y
37.26%
DEBT TO ASSETS RATIO AVG 10Y
35.89%
DEBT TO ASSETS RATIO AVG 15Y
33.20%
DEBT TO ASSETS RATIO AVG 20Y
31.24%
CURRENT VS TTM AVG
-10.83%
CURRENT VS 3Y AVG
-10.50%
CURRENT VS 5Y AVG
-9.82%
CURRENT VS 10Y AVG
-6.36%
CURRENT VS 15Y AVG
+1.22%
CURRENT VS 20Y AVG
+7.59%
SECTOR MEDIAN · COMMUNICATION SERVICES
0.24%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+13616.70%
vs the sector median at left
Market Cap
$164.71B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$193.66B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.24B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$64.61B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.25B
Debt to Assets Ratio
0.54%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AT&T Inc. (T) | $165.35B | 33.61% | 37.69% | 37.55% | 37.26% |
| The Walt Disney Company (DIS)vs › | $164.71B | 0.23% | N/A | N/A | N/A |
| T-Mobile US, Inc. (TMUS)vs › | $193.18B | 0.56% | N/A | N/A | N/A |
| Verizon Communications Inc. (VZ)vs › | $193.66B | 0.50% | N/A | N/A | N/A |
| Spotify Technology S.A. (SPOT)vs › | $99.24B | 0.15% | N/A | N/A | N/A |
| Comcast Corporation (CMCSA)vs › | $79.12B | 0.41% | N/A | N/A | N/A |
| DoorDash, Inc. (DASH)vs › | $75.34B | 0.17% | N/A | N/A | N/A |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.61B | 0.33% | N/A | N/A | N/A |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.25B | 0.54% | N/A | N/A | N/A |
| Netflix, Inc. (NFLX)vs › | $291.85B | 0.26% | N/A | N/A | N/A |
Debt/Assets
33.6%
Debt/Equity
1.57
Current Ratio
0.91
Interest Coverage
3.5x
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 |
|---|---|
| 2026-06-30 | 33.61% |
| 2026-03-31 | 38.97% |
| 2025-12-31 | 41.41% |
| 2025-09-30 | 37.45% |
| 2025-06-30 | 37.01% |
| 2025-03-31 | 36.13% |
| 2024-12-31 | 35.70% |
| 2024-09-30 | 37.17% |
| 2024-06-30 | 37.13% |
| 2024-03-31 | 37.57% |
| 2023-12-31 | 38.05% |
| 2023-09-30 | 38.29% |
| 2023-06-30 | 39.56% |
| 2023-03-31 | 38.89% |
| 2022-12-31 | 38.40% |
| 2022-09-30 | 35.76% |
| 2022-06-30 | 36.42% |
| 2022-03-31 | 39.77% |
| 2021-12-31 | 35.50% |
| 2021-09-30 | 36.94% |
| 2021-06-30 | 36.98% |
| 2021-03-31 | 36.92% |
| 2020-12-31 | 34.17% |
| 2020-09-30 | 33.60% |
| 2020-06-30 | 34.90% |
| 2020-03-31 | 34.08% |
| 2019-12-31 | 33.53% |
| 2019-09-30 | 34.16% |
| 2019-06-30 | 34.95% |
| 2019-03-31 | 35.33% |
| 2018-12-31 | 33.19% |
| 2018-09-30 | 34.29% |
| 2018-06-30 | 35.57% |
| 2018-03-31 | 36.53% |
| 2017-12-31 | 37.01% |
| 2017-09-30 | 36.79% |
| 2017-06-30 | 34.14% |
| 2017-03-31 | 32.35% |
| 2016-12-31 | 30.59% |
| 2016-09-30 | 31.07% |
| 2016-06-30 | 31.57% |
| 2016-03-31 | 32.33% |
| 2015-12-31 | 31.33% |
| 2015-10-28 | 31.73% |
| 2015-06-30 | 34.82% |
| 2015-03-31 | 31.31% |
| 2014-12-31 | 27.57% |
| 2014-09-30 | 26.26% |
| 2014-06-30 | 28.64% |
| 2014-03-31 | 27.99% |
| 2013-12-31 | 26.92% |
| 2013-09-30 | 27.76% |
| 2013-06-30 | 27.63% |
| 2013-03-31 | 27.36% |
| 2012-12-31 | 25.65% |
| 2012-09-30 | 23.89% |
| 2012-06-30 | 24.23% |
| 2012-03-31 | 24.39% |
| 2011-12-31 | 23.94% |
| 2011-09-30 | 25.65% |
| 2011-06-30 | 24.47% |
| 2011-03-31 | 24.26% |
| 2010-12-31 | 24.56% |
| 2010-09-30 | 25.61% |
| 2010-06-30 | 26.16% |
| 2010-03-31 | 26.14% |
| 2009-12-31 | 26.86% |
| 2009-09-30 | 27.26% |
| 2009-06-30 | 28.64% |
| 2009-03-31 | 28.12% |
| 2008-12-31 | 28.27% |
| 2008-09-30 | 26.98% |
| 2008-06-30 | 28.17% |
| 2008-03-31 | 26.42% |
| 2007-12-31 | 23.26% |
| 2007-09-30 | 22.62% |
| 2007-06-30 | 23.07% |
| 2007-03-31 | 23.33% |
| 2006-12-31 | 22.09% |
| 2006-09-30 | 21.90% |
| 2006-06-30 | 21.11% |
| 2006-03-31 | 21.84% |
| 2005-12-31 | 20.99% |
| 2005-09-30 | 22.29% |
| 2005-06-30 | 23.76% |
| 2005-03-31 | 25.35% |
| 2004-12-31 | 24.45% |
| 2004-09-30 | 17.89% |
| 2004-06-30 | 17.55% |
| 2004-03-31 | 17.85% |
| 2003-12-31 | 17.93% |
| 2003-09-30 | 18.02% |
| 2003-06-30 | 18.41% |
| 2003-03-31 | 20.11% |
| 2002-12-31 | 23.19% |
| 2002-09-30 | 25.64% |
