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 11.18% is 29% below its 5-year average of 15.71%, near the low end of its 5-year range (11.18%–20.35%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.53% below its 12-month average of 13.89%.
Reported quarterly debt to assets ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 11.18%.
DEBT TO ASSETS RATIO
11.18%
DEBT TO ASSETS RATIO AVG TTM
13.89%
DEBT TO ASSETS RATIO AVG 3Y
15.85%
DEBT TO ASSETS RATIO AVG 5Y
15.71%
DEBT TO ASSETS RATIO AVG 10Y
19.22%
DEBT TO ASSETS RATIO AVG 15Y
14.62%
DEBT TO ASSETS RATIO AVG 20Y
11.10%
CURRENT VS TTM AVG
-19.53%
CURRENT VS 3Y AVG
-29.50%
CURRENT VS 5Y AVG
-28.87%
CURRENT VS 10Y AVG
-41.85%
CURRENT VS 15Y AVG
-23.55%
CURRENT VS 20Y AVG
+0.72%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+3821.33%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.37B
Debt to Assets Ratio
11.18%
TTM Avg
13.89%
3Y Avg
15.85%
5Y Avg
15.71%
Market Cap
$10.83B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.80B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.08B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.51B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.25B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.26B
Debt to Assets Ratio
0.12%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.21B
Debt to Assets Ratio
0.39%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.37B | 11.18% | 13.89% | 15.85% | 15.71% |
| DaVita Inc. (DVA)vs › | $11.46B | 0.61% | N/A | N/A | N/A |
| Universal Health Services, Inc. (UHS)vs › | $10.83B | 0.33% | N/A | N/A | N/A |
| The Cooper Companies, Inc. (COO)vs › | $10.80B | 0.20% | N/A | N/A | N/A |
| Baxter International Inc. (BAX)vs › | $12.08B | 0.49% | N/A | N/A | N/A |
| Align Technology, Inc. (ALGN)vs › | $10.51B | 0.02% | N/A | N/A | N/A |
| Encompass Health Corporation (EHC)vs › | $12.25B | 0.38% | N/A | N/A | N/A |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.26B | 0.12% | N/A | N/A | N/A |
| The Ensign Group, Inc. (ENSG)vs › | $10.21B | 0.39% | N/A | N/A | N/A |
| Penumbra, Inc. (PEN)vs › | $12.56B | 0.11% | N/A | N/A | N/A |
Debt/Assets
11.2%
Debt/Equity
0.14
Current Ratio
4.55
Interest Coverage
46.6x
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 | 11.18% |
| 2026-03-31 | 11.38% |
| 2025-12-31 | 13.91% |
| 2025-09-30 | 15.62% |
| 2025-06-30 | 17.36% |
| 2025-03-31 | 16.02% |
| 2024-12-31 | 14.80% |
| 2024-09-30 | 14.58% |
| 2024-06-30 | 15.52% |
| 2024-03-31 | 18.18% |
| 2023-12-31 | 20.35% |
| 2023-09-30 | 19.94% |
| 2023-06-30 | 17.24% |
| 2023-03-31 | 18.23% |
| 2022-12-31 | 12.23% |
| 2022-09-30 | 14.53% |
| 2022-06-30 | 14.20% |
| 2022-03-31 | 14.23% |
| 2021-12-31 | 15.26% |
| 2021-09-30 | 16.62% |
| 2021-06-30 | 18.58% |
| 2021-03-31 | 14.04% |
| 2020-12-31 | 14.76% |
| 2020-09-30 | 19.44% |
| 2020-06-30 | 21.38% |
| 2020-03-31 | 24.96% |
| 2019-12-31 | 23.22% |
| 2019-09-30 | 29.52% |
| 2019-06-30 | 26.81% |
| 2019-03-31 | 27.89% |
| 2018-12-31 | 29.56% |
| 2018-09-30 | 29.99% |
| 2018-06-30 | 21.28% |
| 2018-03-31 | 24.26% |
| 2017-12-31 | 23.31% |
| 2017-09-30 | 22.10% |
| 2017-06-30 | 22.48% |
| 2017-03-31 | 23.36% |
| 2016-12-31 | 22.85% |
| 2016-09-30 | 25.02% |
| 2016-06-30 | 11.84% |
| 2016-03-31 | 14.10% |
| 2015-12-31 | 14.70% |
| 2015-09-30 | 14.91% |
| 2015-06-30 | 10.91% |
| 2015-03-31 | 17.21% |
| 2014-12-31 | 17.16% |
| 2014-09-30 | 12.27% |
| 2014-06-30 | 1.50% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.98% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 3.37% |
| 2006-06-30 | 3.62% |
| 2006-03-31 | 4.01% |
| 2005-12-31 | 4.52% |
| 2005-09-30 | 4.50% |
| 2005-06-30 | 4.95% |
| 2005-03-31 | 5.37% |
| 2004-12-31 | 4.24% |
| 2004-09-30 | 4.54% |
| 2004-06-30 | 4.87% |
| 2004-03-31 | 5.17% |
| 2003-12-31 | 5.61% |
| 2003-09-30 | 6.05% |
| 2003-06-30 | 6.49% |
| 2003-03-31 | 6.89% |
| 2002-12-31 | 6.94% |
| 2002-09-30 | 7.15% |
