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 2.16% is in line with its 5-year average of 2.15%, near the high end of its 5-year range (1.18%–2.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 27.65% above its 12-month average of 1.69%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.16%.
DEBT TO ASSETS RATIO
2.16%
DEBT TO ASSETS RATIO AVG TTM
1.69%
DEBT TO ASSETS RATIO AVG 3Y
2.04%
DEBT TO ASSETS RATIO AVG 5Y
2.15%
DEBT TO ASSETS RATIO AVG 10Y
2.19%
DEBT TO ASSETS RATIO AVG 15Y
2.60%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+27.65%
CURRENT VS 3Y AVG
+5.67%
CURRENT VS 5Y AVG
+0.06%
CURRENT VS 10Y AVG
-1.42%
CURRENT VS 15Y AVG
-17.22%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 114 covered companies
CURRENT VS SECTOR MEDIAN
+1859.35%
vs the sector median at left
Voya Financial, Inc.
Market Cap
$8.79B
Debt to Assets Ratio
2.16%
TTM Avg
1.69%
3Y Avg
2.04%
5Y Avg
2.15%
Market Cap
$9.45B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.50B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.56B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.19B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.12B
Debt to Assets Ratio
0.05%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Voya Financial, Inc. (VOYA) | $8.79B | 2.16% | 1.69% | 2.04% | 2.15% |
| FactSet Research Systems Inc. (FDS)vs › | $9.45B | 0.37% | N/A | N/A | N/A |
| Fidelity High Dividend ETF (FDVV)vs › | $9.50B | N/A | N/A | N/A | N/A |
| TeraWulf Inc. (WULF)vs › | $7.67B | 0.65% | N/A | N/A | N/A |
| Galaxy Digital (GLXY)vs › | $7.67B | 0.30% | N/A | N/A | N/A |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.56B | 0.03% | N/A | N/A | N/A |
| Hut 8 Corp. (HUT)vs › | $10.12B | 0.77% | N/A | N/A | N/A |
| Erie Indemnity Company (ERIE)vs › | $10.19B | 0.02% | N/A | N/A | N/A |
| Valley National Bancorp (VLY)vs › | $7.12B | 0.05% | N/A | N/A | N/A |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.67B | 0.33% | N/A | N/A | N/A |
Debt/Assets
2.2%
Debt/Equity
0.84
Current Ratio
6.93
Interest Coverage
2.2x
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 | 2.16% |
| 2026-03-31 | 1.44% |
| 2025-12-31 | 1.18% |
| 2025-09-30 | 1.81% |
| 2025-06-30 | 1.86% |
| 2025-03-31 | 1.91% |
| 2024-12-31 | 2.20% |
| 2024-09-30 | 2.17% |
| 2024-06-30 | 2.00% |
| 2024-03-31 | 2.15% |
| 2023-12-31 | 2.18% |
| 2023-09-30 | 2.30% |
| 2023-06-30 | 2.31% |
| 2023-03-31 | 2.31% |
| 2022-12-31 | 2.37% |
| 2022-09-30 | 2.27% |
| 2022-06-30 | 2.31% |
| 2022-03-31 | 2.10% |
| 2021-12-31 | 2.03% |
| 2021-09-30 | 2.21% |
| 2021-06-30 | 2.30% |
| 2021-03-31 | 2.31% |
| 2020-12-31 | 2.12% |
| 2020-09-30 | 2.09% |
| 2020-06-30 | 1.98% |
| 2020-03-31 | 2.19% |
| 2019-12-31 | 2.08% |
| 2019-09-30 | 2.12% |
| 2019-06-30 | 2.16% |
| 2019-03-31 | 2.26% |
| 2018-12-31 | 2.37% |
| 2018-09-30 | 2.40% |
| 2018-06-30 | 2.43% |
| 2018-03-31 | 1.88% |
| 2017-12-31 | 2.03% |
| 2017-09-30 | 2.22% |
| 2017-06-30 | 2.32% |
| 2017-03-31 | 2.43% |
| 2016-12-31 | 2.57% |
| 2016-09-30 | 2.68% |
| 2016-06-30 | 2.83% |
| 2016-03-31 | 2.84% |
| 2015-12-31 | 4.77% |
| 2015-09-30 | 4.90% |
| 2015-06-30 | 4.62% |
| 2015-03-31 | 4.33% |
| 2014-12-31 | 4.56% |
| 2014-09-30 | 4.40% |
| 2014-06-30 | 4.15% |
| 2014-03-31 | 4.04% |
| 2013-12-31 | 3.93% |
| 2013-09-30 | 3.74% |
| 2013-06-30 | 3.82% |
| 2013-03-31 | 3.72% |
| 2012-12-31 | 3.73% |
| 2012-09-30 | 3.42% |
| 2012-06-30 | 3.30% |
| 2011-12-31 | 2.19% |