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Thermo Fisher Scientific Inc. (TMO)
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Thermo Fisher Scientific Inc. (TMO) Debt to Assets Ratio: 0.37%

The debt to assets ratio for Thermo Fisher Scientific Inc. (TMO) is 0.37% as of Tuesday, June 9, 2026.

TMO Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.37%

TMO Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIO
Thermo Fisher Scientific Inc. (TMO)0.37%
Amgen Inc. (AMGN)$185.96B0.60%
Abbott Laboratories (ABT)$158.94B0.17%
Gilead Sciences, Inc. (GILD)$155.82B0.42%
Intuitive Surgical, Inc. (ISRG)$151.09B0.01%
Pfizer Inc. (PFE)$146.48B0.32%
Danaher Corporation (DHR)$133.37B0.22%
CVS Health Corporation (CVS)$123.84B0.36%
Bristol-Myers Squibb Company (BMY)$115.34B0.52%
Vertex Pharmaceuticals Incorporated (VRTX)$113.14B0.15%

Leverage Ratios Comparison

Debt/Assets

0.4%

Debt/Equity

0.76

Current Ratio

1.89

Interest Coverage

5.7x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Thermo Fisher Scientific Inc. Debt to Assets Ratio Formula & Definition

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

Thermo Fisher Scientific Inc. Debt to Assets Ratio FAQ

What is the debt to assets ratio for Thermo Fisher Scientific Inc. (TMO)?
The debt to assets ratio for TMO stock is 0.37%.

About Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various diseases. This segment encompasses bioscience, genetic science, and bioproduction technologies, serving a broad spectrum of clients in the pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and governmental sectors. The Analytical Instruments segment delivers a variety of precision instruments, consumables, software, and support services to pharmaceutical, biotechnology, academic, governmental, environmental, and industrial research environments, as well as clinical laboratories. The Specialty Diagnostics segment offers an array of diagnostic tools, including liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, alongside calibrators, controls, protein detection assays, and accompanying instruments. This also features the creation and distribution of complete blood test systems to aid in the clinical diagnosis and monitoring of allergies, asthma, and autoimmune diseases. Furthermore, it provides dehydrated and prepared culture media, specimen collection and transport systems, related instrumentation and consumables, human leukocyte antigen (HLA) typing and testing crucial for the organ transplant sector, and other healthcare products. Lastly, the Laboratory Products and Biopharma Services segment supplies laboratory equipment, serves the research and safety markets through its channels, and offers extensive pharmaceutical services, encompassing clinical research support. The company's products and services are distributed through a dedicated direct sales team, customer service professionals, online commerce platforms, and a network of third-party distributors. Its recognized brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. Thermo Fisher Scientific Inc. was established in 1956 and is headquartered in Waltham, Massachusetts.

Waltham, MA
125,000 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Marc N. Casper