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 23.79% is in line with its 5-year average of 22.11%, around the middle of its 5-year range (18.70%–34.25%).
As of the fiscal period ended Friday, July 31, 2026. 7.18% above its 12-month average of 22.19%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 23.79%.
DEBT TO ASSETS RATIO
23.79%
DEBT TO ASSETS RATIO AVG TTM
22.19%
DEBT TO ASSETS RATIO AVG 3Y
21.45%
DEBT TO ASSETS RATIO AVG 5Y
22.11%
DEBT TO ASSETS RATIO AVG 10Y
23.22%
DEBT TO ASSETS RATIO AVG 15Y
23.07%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.18%
CURRENT VS 3Y AVG
+10.87%
CURRENT VS 5Y AVG
+7.59%
CURRENT VS 10Y AVG
+2.43%
CURRENT VS 15Y AVG
+3.12%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+12758.16%
vs the sector median at left
Workday, Inc.
Market Cap
$48.73B
Debt to Assets Ratio
23.79%
TTM Avg
22.19%
3Y Avg
21.45%
5Y Avg
22.11%
Market Cap
$46.69B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.01B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.51B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$51.80B
Debt to Assets Ratio
0.67%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workday, Inc. (WDAY) | $48.73B | 23.79% | 22.19% | 21.45% | 22.11% |
| Ciena Corporation (CIEN)vs › | $47.84B | 0.03% | N/A | N/A | N/A |
| Block, Inc. (XYZ)vs › | $47.26B | 0.17% | N/A | N/A | N/A |
| Atlassian Corporation (TEAM)vs › | $46.69B | 0.20% | N/A | N/A | N/A |
| STMicroelectronics N.V. (STM)vs › | $46.01B | 0.15% | N/A | N/A | N/A |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $51.51B | 0.00% | N/A | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $51.80B | 0.67% | N/A | N/A | N/A |
| Garmin Ltd. (GRMN)vs › | $52.47B | 0.02% | N/A | N/A | N/A |
| Electronic Arts Inc. (EA)vs › | $52.92B | 0.12% | N/A | N/A | N/A |
| Strategy Inc (MSTR)vs › | $43.90B | 0.13% | N/A | N/A | N/A |
Debt/Assets
23.8%
Debt/Equity
0.58
Current Ratio
0.91
Interest Coverage
9.0x
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 | 23.79% |
| 2026-04-30 | 23.65% |
| 2026-01-31 | 21.14% |
| 2025-10-31 | 21.37% |
| 2025-07-31 | 21.02% |
| 2025-04-30 | 19.71% |
| 2025-01-31 | 18.70% |
| 2024-10-31 | 20.48% |
| 2024-07-31 | 20.72% |
| 2024-04-30 | 20.98% |
| 2024-01-31 | 20.03% |
| 2023-10-31 | 23.52% |
| 2023-07-31 | 23.80% |
| 2023-04-30 | 24.56% |
| 2023-01-31 | 24.09% |
| 2022-10-31 | 26.32% |
| 2022-07-31 | 33.42% |
| 2022-04-30 | 34.25% |
| 2022-01-31 | 20.03% |
| 2021-10-31 | 22.61% |
| 2021-07-31 | 23.57% |
| 2021-04-30 | 25.04% |
| 2021-01-31 | 25.67% |
| 2020-10-31 | 28.42% |
| 2020-07-31 | 28.49% |
| 2020-04-30 | 29.05% |
| 2020-01-31 | 23.03% |
| 2019-10-31 | 25.22% |
| 2019-07-31 | 25.74% |
| 2019-04-30 | 26.25% |
| 2019-01-31 | 21.82% |
| 2018-10-31 | 23.82% |
| 2018-07-31 | 24.70% |
| 2018-04-30 | 30.63% |
| 2018-01-31 | 30.14% |
| 2017-10-31 | 32.28% |
| 2017-07-31 | 16.10% |
| 2017-04-30 | 16.36% |
| 2017-01-31 | 16.35% |
| 2016-10-31 | 18.05% |
| 2016-07-31 | 18.40% |
| 2016-04-30 | 18.52% |
| 2016-01-31 | 18.59% |
| 2015-10-31 | 20.23% |
| 2015-07-31 | 20.57% |
| 2015-04-30 | 20.90% |
| 2015-01-31 | 20.93% |
| 2014-10-31 | 21.93% |
| 2014-07-31 | 22.10% |
| 2014-04-30 | 21.93% |
| 2014-01-31 | 22.12% |
| 2013-10-31 | 31.32% |
| 2013-07-31 | 31.62% |
| 2013-04-30 | 2.17% |
| 2013-01-31 | 2.60% |
| 2012-10-31 | 2.57% |
| 2012-07-31 | 6.02% |
| 2012-01-31 | 6.76% |