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 32.88% is 11% above its 5-year average of 29.64%, near the high end of its 5-year range (25.84%–34.54%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.63% below its 12-month average of 33.09%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
32.88%
DEBT TO ASSETS RATIO AVG TTM
33.09%
DEBT TO ASSETS RATIO AVG 3Y
29.62%
DEBT TO ASSETS RATIO AVG 5Y
29.64%
DEBT TO ASSETS RATIO AVG 10Y
33.79%
DEBT TO ASSETS RATIO AVG 15Y
30.45%
DEBT TO ASSETS RATIO AVG 20Y
24.51%
CURRENT VS TTM AVG
-0.63%
CURRENT VS 3Y AVG
+11.01%
CURRENT VS 5Y AVG
+10.91%
CURRENT VS 10Y AVG
-2.70%
CURRENT VS 15Y AVG
+7.98%
CURRENT VS 20Y AVG
+34.17%
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+11238.14%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.35B
Debt to Assets Ratio
32.88%
TTM Avg
33.09%
3Y Avg
29.62%
5Y Avg
29.64%
Market Cap
$15.92B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.06B
Debt to Assets Ratio
0.36%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.95B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.47B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$14.29B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.35B | 32.88% | 33.09% | 29.62% | 29.64% |
| Hologic, Inc. (HOLX)vs › | $16.97B | 0.27% | N/A | N/A | N/A |
| Viatris Inc. (VTRS)vs › | $20.46B | 0.39% | N/A | N/A | N/A |
| Medpace Holdings, Inc. (MEDP)vs › | $15.92B | 0.06% | N/A | N/A | N/A |
| Solventum Corporation (SOLV)vs › | $15.06B | 0.36% | N/A | N/A | N/A |
| DaVita Inc. (DVA)vs › | $14.85B | 0.76% | N/A | N/A | N/A |
| United Therapeutics Corporation (UTHR)vs › | $21.95B | N/A | N/A | N/A | N/A |
| The Cooper Companies, Inc. (COO)vs › | $14.47B | 0.20% | N/A | N/A | N/A |
| Baxter International Inc. (BAX)vs › | $14.29B | 0.49% | N/A | N/A | N/A |
| STERIS plc (STE)vs › | $22.64B | 0.19% | N/A | N/A | N/A |
Debt/Assets
32.9%
Debt/Equity
0.59
Current Ratio
1.73
Interest Coverage
4.7x
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 |
|---|---|
| 2026-03-31 | 32.88% |
| 2025-12-31 | 32.56% |
| 2025-09-30 | 34.54% |
| 2025-06-30 | 33.12% |
| 2025-03-31 | 32.35% |
| 2024-12-31 | 29.04% |
| 2024-09-30 | 29.70% |
| 2024-06-30 | 27.11% |
| 2024-03-31 | 27.02% |
| 2023-12-31 | 26.83% |
| 2023-09-30 | 25.84% |
| 2023-06-30 | 26.81% |
| 2023-03-31 | 27.25% |
| 2022-12-31 | 27.04% |
| 2022-09-30 | 26.79% |
| 2022-06-30 | 28.08% |
| 2022-03-31 | 29.15% |
| 2021-12-31 | 30.14% |
| 2021-09-30 | 31.25% |
| 2021-06-30 | 32.42% |
| 2021-03-31 | 32.63% |
| 2020-12-31 | 33.28% |
| 2020-09-30 | 34.51% |
| 2020-06-30 | 34.72% |
| 2020-03-31 | 37.92% |
| 2019-12-31 | 33.37% |
| 2019-09-30 | 34.32% |
| 2019-06-30 | 36.02% |
| 2019-03-31 | 36.27% |
| 2018-12-31 | 37.05% |
| 2018-09-30 | 36.24% |
| 2018-06-30 | 37.32% |
| 2018-03-31 | 40.88% |
| 2017-12-31 | 38.99% |
| 2017-09-30 | 39.46% |
| 2017-06-30 | 40.32% |
| 2017-03-31 | 42.66% |
| 2016-12-31 | 42.13% |
| 2016-09-30 | 42.84% |
| 2016-06-30 | 42.37% |
| 2016-03-31 | 42.28% |
| 2015-12-31 | 42.33% |
| 2015-09-30 | 44.64% |
| 2015-06-30 | 44.29% |
| 2015-03-31 | 52.71% |
| 2014-12-31 | 14.80% |
| 2014-09-30 | 17.33% |
| 2014-06-30 | 17.51% |
| 2014-03-31 | 17.91% |
| 2013-12-31 | 17.46% |
| 2013-09-30 | 18.02% |
| 2013-06-30 | 18.56% |
| 2013-03-31 | 19.47% |
| 2012-12-31 | 20.20% |
| 2012-09-30 | 19.74% |
| 2012-06-30 | 20.08% |
| 2012-03-31 | 19.96% |
| 2011-12-31 | 20.19% |
| 2011-09-30 | 18.83% |
| 2011-06-30 | 13.91% |
| 2011-03-31 | 14.05% |
| 2010-12-31 | 14.28% |
| 2010-09-30 | 14.23% |
| 2010-06-30 | 14.44% |
| 2010-03-31 | 14.41% |
| 2009-12-31 | 14.48% |
| 2009-09-30 | 7.85% |
| 2009-06-30 | 8.76% |
| 2009-03-31 | 9.13% |
| 2008-12-31 | 6.36% |
| 2008-09-30 | 4.68% |
| 2008-06-30 | 4.74% |
| 2008-03-31 | 1.69% |
| 2007-12-31 | 1.57% |
| 2007-09-30 | 1.62% |
| 2007-06-30 | 1.51% |
| 2007-03-31 | 1.64% |
| 2006-12-31 | 1.67% |
| 2006-09-30 | 1.71% |
| 2006-06-30 | 1.39% |
| 2006-03-31 | 1.38% |
| 2005-12-31 | 1.43% |
| 2005-09-30 | 1.53% |
| 2005-06-30 | 4.83% |
| 2005-03-31 | 7.62% |
| 2004-12-31 | 11.44% |
| 2004-09-30 | 12.77% |
| 2004-06-30 | 16.37% |
| 2004-03-31 | 18.49% |
| 2003-12-31 | 21.51% |
| 2003-09-30 | 6.43% |
| 2003-06-30 | 6.65% |
| 2003-03-31 | 7.86% |
| 2002-12-31 | 18.24% |
| 2002-09-30 | 28.83% |
| 2002-06-30 | 36.58% |
