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 39.16% is in line with its 5-year average of 36.75%, around the middle of its 5-year range (29.30%–44.50%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.41% below its 12-month average of 40.97%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
39.16%
DEBT TO ASSETS RATIO AVG TTM
40.97%
DEBT TO ASSETS RATIO AVG 3Y
39.73%
DEBT TO ASSETS RATIO AVG 5Y
36.75%
DEBT TO ASSETS RATIO AVG 10Y
33.06%
DEBT TO ASSETS RATIO AVG 15Y
30.92%
DEBT TO ASSETS RATIO AVG 20Y
23.30%
CURRENT VS TTM AVG
-4.41%
CURRENT VS 3Y AVG
-1.43%
CURRENT VS 5Y AVG
+6.56%
CURRENT VS 10Y AVG
+18.47%
CURRENT VS 15Y AVG
+26.65%
CURRENT VS 20Y AVG
+68.07%
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+21068.48%
vs the sector median at left
Texas Instruments Incorporated
Market Cap
$237.20B
Debt to Assets Ratio
39.16%
TTM Avg
40.97%
3Y Avg
39.73%
5Y Avg
36.75%
Market Cap
$249.29B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$218.68B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$212.58B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$263.25B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$205.08B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Instruments Incorporated (TXN) | $237.20B | 39.16% | 40.97% | 39.73% | 36.75% |
| KLA Corporation (KLAC)vs › | $246.23B | 0.34% | N/A | N/A | N/A |
| SAP SE (SAP)vs › | $246.47B | 0.13% | N/A | N/A | N/A |
| Arista Networks, Inc. (ANET)vs › | $249.29B | 0.00% | N/A | N/A | N/A |
| International Business Machines Corporation (IBM)vs › | $218.68B | 0.43% | N/A | N/A | N/A |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $212.58B | 0.07% | N/A | N/A | N/A |
| Sandisk Corporation (SNDK)vs › | $263.25B | 0.02% | N/A | N/A | N/A |
| Amphenol Corporation (APH)vs › | $205.08B | 0.42% | N/A | N/A | N/A |
| Salesforce, Inc. (CRM)vs › | $203.85B | 0.38% | N/A | N/A | N/A |
| Palo Alto Networks, Inc. (PANW)vs › | $271.13B | 0.05% | N/A | N/A | N/A |
Debt/Assets
39.2%
Debt/Equity
0.78
Current Ratio
4.86
Interest Coverage
11.1x
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 | 39.16% |
| 2026-03-31 | 40.85% |
| 2025-12-31 | 44.50% |
| 2025-09-30 | 40.13% |
| 2025-06-30 | 40.20% |
| 2025-03-31 | 38.06% |
| 2024-12-31 | 42.36% |
| 2024-09-30 | 41.26% |
| 2024-06-30 | 39.63% |
| 2024-03-31 | 40.67% |
| 2023-12-31 | 37.92% |
| 2023-09-30 | 35.47% |
| 2023-06-30 | 36.26% |
| 2023-03-31 | 34.65% |
| 2022-12-31 | 33.37% |
| 2022-09-30 | 30.46% |
| 2022-06-30 | 29.30% |
| 2022-03-31 | 30.63% |
| 2021-12-31 | 33.25% |
| 2021-09-30 | 33.25% |
| 2021-06-30 | 30.34% |
| 2021-03-31 | 31.82% |
| 2020-12-31 | 36.79% |
| 2020-09-30 | 37.33% |
| 2020-06-30 | 38.96% |
| 2020-03-31 | 37.90% |
| 2019-12-31 | 34.05% |
| 2019-09-30 | 34.17% |
| 2019-06-30 | 35.43% |
| 2019-03-31 | 35.27% |
| 2018-12-31 | 29.57% |
| 2018-09-30 | 27.28% |
| 2018-06-30 | 27.34% |
| 2018-03-31 | 23.29% |
| 2017-12-31 | 23.11% |
| 2017-09-30 | 21.16% |
| 2017-06-30 | 21.80% |
| 2017-03-31 | 21.02% |
| 2016-12-31 | 21.96% |
| 2016-09-30 | 22.27% |
| 2016-06-30 | 23.02% |
| 2016-03-31 | 26.25% |
| 2015-12-31 | 25.39% |
| 2015-09-30 | 24.98% |
| 2015-06-30 | 27.86% |
| 2015-03-31 | 26.74% |
| 2014-12-31 | 26.19% |
| 2014-09-30 | 25.95% |
| 2014-06-30 | 26.10% |
| 2014-03-31 | 29.85% |
| 2013-12-31 | 27.24% |
| 2013-09-30 | 26.82% |
| 2013-06-30 | 26.63% |
| 2013-03-31 | 28.85% |
| 2012-12-31 | 28.34% |
| 2012-09-30 | 27.74% |
| 2012-06-30 | 24.09% |
| 2012-03-31 | 26.41% |
| 2011-12-31 | 27.28% |
| 2011-09-30 | 27.75% |
| 2011-06-30 | 20.46% |
| 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 | 0.31% |
| 2006-12-31 | 0.31% |
| 2006-09-30 | 0.29% |
| 2006-06-30 | 0.27% |
| 2006-03-31 | 2.27% |
| 2005-12-31 | 4.39% |
| 2005-09-30 | 2.39% |
| 2005-06-30 | 2.49% |
| 2005-03-31 | 2.48% |
| 2004-12-31 | 2.33% |
| 2004-09-30 | 2.37% |
| 2004-06-30 | 4.92% |
| 2004-03-31 | 5.25% |
| 2003-12-31 | 5.36% |
| 2003-09-30 | 5.54% |
| 2003-06-30 | 5.99% |
| 2003-03-31 | 6.95% |
| 2002-12-31 | 8.55% |
| 2002-09-30 | 8.42% |
