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 58.69% is in line with its 5-year average of 60.11%, near the low end of its 5-year range (56.48%–63.95%).
As of the fiscal period ended Tuesday, March 31, 2026. 3.24% below its 12-month average of 60.65%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
58.69%
DEBT TO ASSETS RATIO AVG TTM
60.65%
DEBT TO ASSETS RATIO AVG 3Y
61.27%
DEBT TO ASSETS RATIO AVG 5Y
60.11%
DEBT TO ASSETS RATIO AVG 10Y
59.37%
DEBT TO ASSETS RATIO AVG 15Y
56.93%
DEBT TO ASSETS RATIO AVG 20Y
55.52%
CURRENT VS TTM AVG
-3.24%
CURRENT VS 3Y AVG
-4.22%
CURRENT VS 5Y AVG
-2.36%
CURRENT VS 10Y AVG
-1.15%
CURRENT VS 15Y AVG
+3.10%
CURRENT VS 20Y AVG
+5.72%
SECTOR MEDIAN · UTILITIES
0.43%
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+13548.63%
vs the sector median at left
The AES Corporation
Market Cap
$10.48B
Debt to Assets Ratio
58.69%
TTM Avg
60.65%
3Y Avg
61.27%
5Y Avg
60.11%
Market Cap
$10.09B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$12.28B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$8.31B
Debt to Assets Ratio
0.59%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.45B
Debt to Assets Ratio
0.62%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.47B
Debt to Assets Ratio
0.43%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The AES Corporation (AES) | $10.48B | 58.69% | 60.65% | 61.27% | 60.11% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.09B | 0.37% | N/A | N/A | N/A |
| Pinnacle West Capital Corporation (PNW)vs › | $12.28B | 0.49% | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 0.59% | N/A | N/A | N/A |
| UGI Corporation (UGI)vs › | $7.74B | 0.42% | N/A | N/A | N/A |
| Oklo Inc. (OKLO)vs › | $7.56B | 0.00% | N/A | N/A | N/A |
| Talen Energy Corporation (TLN)vs › | $15.45B | 0.62% | N/A | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.47B | 0.43% | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $3.24B | 0.38% | N/A | N/A | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $2.83B | 0.17% | N/A | N/A | N/A |
Debt/Assets
58.7%
Debt/Equity
7.01
Current Ratio
0.73
Interest Coverage
1.4x
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 | 58.69% |
| 2025-12-31 | 58.58% |
| 2025-09-30 | 60.75% |
| 2025-06-30 | 62.36% |
| 2025-03-31 | 62.89% |
| 2024-12-31 | 61.21% |
| 2024-09-30 | 58.81% |
| 2024-06-30 | 59.81% |
| 2024-03-31 | 62.92% |
| 2023-12-31 | 60.00% |
| 2023-09-30 | 63.46% |
| 2023-06-30 | 63.95% |
| 2023-03-31 | 63.09% |
| 2022-12-31 | 61.25% |
| 2022-09-30 | 58.78% |
| 2022-06-30 | 59.26% |
| 2022-03-31 | 58.45% |
| 2021-12-31 | 56.73% |
| 2021-09-30 | 57.13% |
| 2021-06-30 | 57.62% |
| 2021-03-31 | 56.48% |
| 2020-12-31 | 57.45% |
| 2020-09-30 | 62.29% |
| 2020-06-30 | 61.83% |
| 2020-03-31 | 61.77% |
| 2019-12-31 | 59.95% |
| 2019-09-30 | 59.12% |
| 2019-06-30 | 59.43% |
| 2019-03-31 | 58.89% |
| 2018-12-31 | 59.33% |
| 2018-09-30 | 59.70% |
| 2018-06-30 | 60.10% |
| 2018-03-31 | 60.44% |
| 2017-12-31 | 60.30% |
| 2017-09-30 | 56.74% |
| 2017-06-30 | 56.94% |
| 2017-03-31 | 55.70% |
| 2016-12-31 | 53.86% |
| 2016-09-30 | 56.14% |
| 2016-06-30 | 56.20% |
| 2016-03-31 | 55.71% |
| 2015-12-31 | 54.49% |
| 2015-09-30 | 55.94% |
| 2015-06-30 | 53.81% |
| 2015-03-31 | 53.69% |
| 2014-12-31 | 53.53% |
| 2014-09-30 | 54.04% |
| 2014-06-30 | 55.09% |
| 2014-03-31 | 52.44% |
| 2013-12-31 | 52.09% |
| 2013-09-30 | 51.00% |
| 2013-06-30 | 51.60% |
| 2013-03-31 | 51.23% |
| 2012-12-31 | 49.54% |
| 2012-09-30 | 52.13% |
| 2012-06-30 | 50.82% |
| 2012-03-31 | 48.94% |
| 2011-12-31 | 48.57% |
| 2011-09-30 | 51.07% |
| 2011-06-30 | 50.28% |
| 2011-03-31 | 48.03% |
| 2010-12-31 | 46.38% |
| 2010-09-30 | 47.81% |
| 2010-06-30 | 48.33% |
| 2010-03-31 | 49.29% |
| 2009-12-31 | 49.42% |
| 2009-09-30 | 50.08% |
| 2009-06-30 | 51.37% |
| 2009-03-31 | 51.54% |
| 2008-12-31 | 50.82% |
| 2008-09-30 | 50.87% |
| 2008-06-30 | 50.12% |
| 2008-03-31 | 51.60% |
| 2007-12-31 | 52.22% |
| 2007-09-30 | 47.96% |
| 2007-06-30 | 52.54% |
| 2007-03-31 | 53.11% |
| 2006-12-31 | 51.45% |
| 2006-09-30 | 54.51% |
| 2006-06-30 | 56.49% |
| 2006-03-31 | 58.40% |
| 2005-12-31 | 57.65% |
| 2005-09-30 | 60.53% |
| 2005-06-30 | 62.10% |
| 2005-03-31 | 61.84% |
| 2004-12-31 | 62.52% |
| 2004-09-30 | 61.79% |
| 2004-06-30 | 63.24% |
| 2004-03-31 | 63.04% |
| 2003-12-31 | 65.67% |
| 2003-09-30 | 64.75% |
| 2003-06-30 | 58.36% |
| 2003-03-31 | 59.35% |
| 2002-12-31 | 59.52% |
| 2002-09-30 | 63.31% |
| 2002-06-30 | 60.87% |
