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 23.65% is in line with its 5-year average of 23.29%, around the middle of its 5-year range (18.70%–34.25%).
As of the fiscal period ended Thursday, April 30, 2026. 10.61% above its 12-month average of 21.38%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.65%
DEBT TO ASSETS RATIO AVG TTM
21.38%
DEBT TO ASSETS RATIO AVG 3Y
21.51%
DEBT TO ASSETS RATIO AVG 5Y
22.18%
DEBT TO ASSETS RATIO AVG 10Y
23.35%
DEBT TO ASSETS RATIO AVG 15Y
23.05%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+10.61%
CURRENT VS 3Y AVG
+9.91%
CURRENT VS 5Y AVG
+6.63%
CURRENT VS 10Y AVG
+1.29%
CURRENT VS 15Y AVG
+2.57%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.19%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+12345.66%
vs the sector median at left
Workday, Inc.
Market Cap
$35.45B
Debt to Assets Ratio
23.65%
TTM Avg
21.38%
3Y Avg
21.51%
5Y Avg
22.18%
Market Cap
$37.07B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$33.79B
Debt to Assets Ratio
0.28%
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) | $35.45B | 23.65% | 21.38% | 21.51% | 22.18% |
| Celestica Inc. (CLS)vs › | $35.10B | 0.13% | N/A | N/A | N/A |
| Roblox Corporation (RBLX)vs › | $34.04B | 0.19% | N/A | N/A | N/A |
| Roper Technologies, Inc. (ROP)vs › | $37.07B | 0.27% | N/A | N/A | N/A |
| ON Semiconductor Corporation (ON)vs › | $33.79B | 0.28% | N/A | N/A | N/A |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 0.10% | N/A | N/A | N/A |
| NetApp, Inc. (NTAP)vs › | $32.86B | 0.25% | N/A | N/A | N/A |
| Jabil Inc. (JBL)vs › | $32.76B | 0.18% | N/A | N/A | N/A |
| Ubiquiti Inc. (UI)vs › | $31.82B | 0.20% | N/A | N/A | N/A |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.22B | 0.60% | N/A | N/A | N/A |
Debt/Assets
23.6%
Debt/Equity
0.49
Current Ratio
1.32
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 |
|---|---|
| 2026-04-30 | 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% |
