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Leverage

Debt to Assets

Short answer

Debt to assets measures what percent of your total assets are funded by debt versus equity.

Formula

Debt to Assets = Total Debt / Total Assets

Add up total debt (short-term + long-term). Divide by total assets on the balance sheet.

Why it matters

Debt to assets is a quick read on solvency. Above 60% means more than half the business is owed to creditors. Capital-intensive businesses (real estate, construction) run higher; service businesses should run lower.

Benchmarks

Conservative< 30%
Healthy30–50%
Levered50–70%
Risk> 70%

People also ask

Common questions about Debt to Assets

What is Debt to Assets?+

Debt to assets measures what percent of your total assets are funded by debt versus equity.

How is Debt to Assets calculated?+

Add up total debt (short-term + long-term). Divide by total assets on the balance sheet.

What is a good Debt to Assets?+

A healthy debt to assets is typically around < 30% — conservative. Specific targets vary by industry and stage; check our benchmarks above for your sector.

Why does Debt to Assets matter?+

Debt to assets is a quick read on solvency. Above 60% means more than half the business is owed to creditors.

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