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Debt to Assets Ratio: 25.09%

Is the debt to assets ratio high or low?

The debt to assets ratio of 25.09% is 38% below its 5-year average of 40.49%, near the low end of its 5-year range (25.09%–67.20%).

As of Thursday, June 25, 2026. 4.80% below its 12-month average of 26.36%.

Debt to Assets

APA Debt to Assets Ratio

25.09%

Reported quarterly debt to assets ratio; no daily interpolation.

-61.20% 5Y
APA Debt to Assets Ratio

APA Average Debt to Assets Ratio Chart

APA Debt to Assets Ratio

APA Current vs Average Debt to Assets Ratio Chart

APA Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

25.09%

DEBT TO ASSETS RATIO AVG TTM

26.36%

DEBT TO ASSETS RATIO AVG 3Y

33.15%

DEBT TO ASSETS RATIO AVG 5Y

39.16%

DEBT TO ASSETS RATIO AVG 10Y

39.31%

DEBT TO ASSETS RATIO AVG 15Y

35.37%

DEBT TO ASSETS RATIO AVG 20Y

30.70%

CURRENT VS TTM AVG

-4.80%

CURRENT VS 3Y AVG

-24.31%

CURRENT VS 5Y AVG

-35.93%

CURRENT VS 10Y AVG

-36.18%

CURRENT VS 15Y AVG

-29.07%

CURRENT VS 20Y AVG

-18.28%

APA Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
APA Corporation (APA)$11.78B25.09%26.36%33.15%39.16%
Antero Midstream Corporation (AM)vs ›$10.78B0.55%N/AN/AN/A
Enphase Energy, Inc. (ENPH)vs ›$6.22B0.35%N/AN/AN/A
Weatherford International plc (WFRD)vs ›$6.10B0.34%N/AN/AN/A
California Resources Corp (CRC)vs ›$4.78B0.18%N/AN/AN/A
Centrus Energy Corp. (LEU)vs ›$3.29B0.50%N/AN/AN/A
Helmerich & Payne, Inc. (HP)vs ›$3.27B0.35%N/AN/AN/A
Expand Energy Corporation (EXE)vs ›$21.19B0.18%N/AN/AN/A
Array Technologies, Inc. (ARRY)vs ›$1.18B0.53%N/AN/AN/A
Emeren Group, Ltd. (SOL)vs ›$995.64M0.14%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

25.1%

Debt/Equity

0.79

Current Ratio

0.82

Interest Coverage

9.9x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

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

Debt to Assets Ratio FAQ

What is the debt to assets ratio for APA Corporation (APA)?
The debt to assets ratio for APA stock is 25.09%.
Is APA Corporation's debt to assets ratio high or low?
The debt to assets ratio of 25.09% is 38% below its 5-year average of 40.49%, near the low end of its 5-year range (25.09%–67.20%).
What is the TTM average debt to assets ratio for APA Corporation (APA)?
The TTM average debt to assets ratio for APA stock is 26.36%.
What is the 3Y average debt to assets ratio for APA Corporation (APA)?
The 3Y average debt to assets ratio for APA stock is 33.15%.
What is the 5Y average debt to assets ratio for APA Corporation (APA)?
The 5Y average debt to assets ratio for APA stock is 39.16%.
What is the 10Y average debt to assets ratio for APA Corporation (APA)?
The 10Y average debt to assets ratio for APA stock is 39.31%.
What is the 15Y average debt to assets ratio for APA Corporation (APA)?
The 15Y average debt to assets ratio for APA stock is 35.37%.
What is the 20Y average debt to assets ratio for APA Corporation (APA)?
The 20Y average debt to assets ratio for APA stock is 30.70%.

APA Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3125.09%
2025-12-3125.32%
2025-09-3025.94%
2025-06-3025.80%
2025-03-3129.63%
2024-12-3131.78%
2024-09-3033.39%
2024-06-3033.90%
2024-03-3135.44%
2023-12-3134.79%
2023-09-3042.02%
2023-06-3042.87%
2023-03-3144.96%
2022-12-3142.75%
2022-09-3041.40%
2022-06-3041.83%
2022-03-3148.08%
2021-12-3157.20%
2021-09-3056.31%
2021-06-3064.66%
2021-03-3167.20%
2020-12-3169.73%
2020-09-3070.24%
2020-06-3068.77%
2020-03-3167.31%
2019-12-3148.24%
2019-09-3040.00%
2019-06-3039.00%
2019-03-3139.63%
2018-12-3138.01%
2018-09-3037.51%
2018-06-3038.05%
2018-03-3138.25%
2017-12-3138.70%
2017-09-3038.85%
2017-06-3037.51%
2017-03-3137.49%
2016-12-3137.94%
2016-09-3037.68%
2016-06-3035.82%
2016-03-3149.32%
2015-12-3134.42%
2015-09-3031.56%
2015-06-3027.40%
2015-03-3125.23%
2014-12-3120.10%
2014-09-3017.91%
2014-06-3015.82%
2014-03-3115.83%
2013-12-3115.78%
2013-09-3018.14%
2013-06-3020.17%
2013-03-3120.20%
2012-12-3120.33%
2012-09-3019.78%
2012-06-3017.89%
2012-03-3114.79%
2011-12-3113.86%
2011-09-3015.17%
2011-06-3016.88%
2011-03-3118.19%
2010-12-3118.75%
2010-09-3017.64%
2010-06-3016.47%
2010-03-3117.33%
2009-12-3117.98%
2009-09-3018.55%
2009-06-3018.81%
2009-03-3118.68%
2008-12-3116.86%
2008-09-3012.30%
2008-06-3012.69%
2008-03-3113.88%
2007-12-3114.76%
2007-09-3017.58%
2007-06-3018.52%
2007-03-3119.24%
2006-12-3115.72%
2006-09-3015.57%
2006-06-3015.87%
2006-03-3111.73%
2005-12-3111.38%
2005-09-3012.28%
2005-06-3014.68%
2005-03-3115.57%
2004-12-3116.70%
2004-09-3018.70%
2004-06-3016.54%
2004-03-3117.14%
2003-12-3118.74%
2003-09-3020.54%
2003-06-3019.75%
2003-03-3117.87%
2002-12-3122.82%
2002-09-3023.39%
2002-06-3024.06%

About APA Corporation

APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, and produce hydrocarbon assets. The company maintains significant operational presences in the United States, Egypt, and the United Kingdom, while also conducting exploration activities offshore Suriname. Furthermore, APA Corporation manages critical gathering, processing, and transmission infrastructure within West Texas and holds ownership interests in four major pipelines connecting the Permian Basin to the Gulf Coast. Established in 1954, the company is headquartered in Houston, Texas.

Houston, TX
1,791 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
John J. Christmann