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 1.67% is 37% above its 5-year average of 1.23%, near the high end of its 5-year range (0.85%–1.75%).
As of the fiscal period ended Friday, July 31, 2026. 38.42% above its 12-month average of 1.21%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
1.67%
DEBT TO ASSETS RATIO AVG TTM
1.21%
DEBT TO ASSETS RATIO AVG 3Y
1.04%
DEBT TO ASSETS RATIO AVG 5Y
1.23%
DEBT TO ASSETS RATIO AVG 10Y
1.04%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+38.42%
CURRENT VS 3Y AVG
+61.60%
CURRENT VS 5Y AVG
+36.53%
CURRENT VS 10Y AVG
+61.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+805.03%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$44.69B
Debt to Assets Ratio
1.67%
TTM Avg
1.21%
3Y Avg
1.04%
5Y Avg
1.23%
Market Cap
$46.63B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.10B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$48.75B
Debt to Assets Ratio
0.67%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.27B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$40.14B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $44.69B | 1.67% | 1.21% | 1.04% | 1.23% |
| Ciena Corporation (CIEN)vs › | $45.44B | 0.03% | N/A | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $46.01B | 0.29% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $46.63B | 0.15% | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $47.24B | 0.13% | N/A | N/A | N/A |
| Roper Technologies, Inc. (ROP)vs › | $41.10B | 0.32% | N/A | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $48.75B | 0.67% | N/A | N/A | N/A |
| Microchip Technology Incorporated (MCHP)vs › | $40.27B | 0.37% | N/A | N/A | N/A |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $40.14B | 0.32% | N/A | N/A | N/A |
| Block, Inc. (XYZ)vs › | $49.26B | 0.17% | N/A | N/A | N/A |
Debt/Assets
1.7%
Debt/Equity
0.02
Current Ratio
5.46
Interest Coverage
N/A
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 |
|---|---|
| 2026-07-31 | 1.67% |
| 2026-04-30 | 1.13% |
| 2026-01-31 | 1.07% |
| 2025-10-31 | 1.11% |
| 2025-07-31 | 1.07% |
| 2025-04-30 | 0.99% |
| 2025-01-31 | 1.03% |
| 2024-10-31 | 1.11% |
| 2024-07-31 | 0.85% |
| 2024-04-30 | 0.90% |
| 2024-01-31 | 0.94% |
| 2023-10-31 | 1.10% |
| 2023-07-31 | 1.12% |
| 2023-04-30 | 1.16% |
| 2023-01-31 | 1.27% |
| 2022-10-31 | 1.48% |
| 2022-07-31 | 1.54% |
| 2022-04-30 | 1.35% |
| 2022-01-31 | 1.43% |
| 2021-10-31 | 1.66% |
| 2021-07-31 | 1.75% |
| 2021-04-30 | 1.86% |
| 2021-01-31 | 2.07% |
| 2020-10-31 | 2.28% |
| 2020-07-31 | 2.28% |
| 2020-04-30 | 2.19% |
| 2020-01-31 | 2.41% |
| 2019-10-31 | 1.44% |
| 2019-07-31 | 1.20% |
| 2019-04-30 | 1.08% |
| 2019-01-31 | 0.00% |
| 2018-10-31 | 0.00% |
| 2018-07-31 | 0.00% |
| 2018-04-30 | 0.00% |
| 2018-01-31 | 0.00% |
| 2017-10-31 | 0.00% |
| 2017-07-31 | 0.00% |
| 2017-04-30 | 0.00% |
| 2017-01-31 | 0.00% |
| 2016-10-31 | 0.00% |
| 2016-07-31 | 0.00% |
| 2016-04-30 | 0.00% |
| 2016-01-31 | 0.00% |
| 2015-10-31 | 0.00% |
| 2015-07-31 | 0.00% |
| 2015-04-30 | 0.00% |
| 2015-01-31 | 0.00% |
| 2014-10-31 | 0.00% |
| 2014-07-31 | 0.00% |
| 2014-04-30 | 0.00% |
| 2014-01-31 | 0.00% |
| 2013-10-31 | 0.00% |
| 2013-07-31 | 0.00% |
| 2013-04-30 | 0.00% |
| 2013-01-31 | 0.00% |