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 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 the fiscal period ended Tuesday, March 31, 2026. 4.80% below its 12-month average of 26.36%.
Reported quarterly debt to assets ratio; no daily interpolation.
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%
SECTOR MEDIAN · ENERGY
0.21%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+11847.56%
vs the sector median at left
APA Corporation
Market Cap
$13.30B
Debt to Assets Ratio
25.09%
TTM Avg
26.36%
3Y Avg
33.15%
5Y Avg
39.16%
Market Cap
$10.10B
Debt to Assets Ratio
0.57%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.22B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.49B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.62B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.71B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.50B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $13.30B | 25.09% | 26.36% | 33.15% | 39.16% |
| Antero Midstream Corporation (AM)vs › | $10.10B | 0.57% | N/A | N/A | N/A |
| Weatherford International plc (WFRD)vs › | $6.22B | 0.32% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $5.53B | 0.21% | N/A | N/A | N/A |
| Expand Energy Corporation (EXE)vs › | $21.49B | 0.13% | N/A | N/A | N/A |
| California Resources Corp (CRC)vs › | $4.62B | 0.19% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $3.71B | 0.00% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $3.63B | 0.47% | N/A | N/A | N/A |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 0.01% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.93B | 0.17% | N/A | N/A | N/A |
Debt/Assets
25.1%
Debt/Equity
0.70
Current Ratio
0.92
Interest Coverage
9.9x
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 | 25.09% |
| 2025-12-31 | 25.32% |
| 2025-09-30 | 25.94% |
| 2025-06-30 | 25.80% |
| 2025-03-31 | 29.63% |
| 2024-12-31 | 31.78% |
| 2024-09-30 | 33.39% |
| 2024-06-30 | 33.90% |
| 2024-03-31 | 35.44% |
| 2023-12-31 | 34.79% |
| 2023-09-30 | 42.02% |
| 2023-06-30 | 42.87% |
| 2023-03-31 | 44.96% |
| 2022-12-31 | 42.75% |
| 2022-09-30 | 41.40% |
| 2022-06-30 | 41.83% |
| 2022-03-31 | 48.08% |
| 2021-12-31 | 57.20% |
| 2021-09-30 | 56.31% |
| 2021-06-30 | 64.66% |
| 2021-03-31 | 67.20% |
| 2020-12-31 | 69.73% |
| 2020-09-30 | 70.24% |
| 2020-06-30 | 68.77% |
| 2020-03-31 | 67.31% |
| 2019-12-31 | 48.24% |
| 2019-09-30 | 40.00% |
| 2019-06-30 | 39.00% |
| 2019-03-31 | 39.63% |
| 2018-12-31 | 38.01% |
| 2018-09-30 | 37.51% |
| 2018-06-30 | 38.05% |
| 2018-03-31 | 38.25% |
| 2017-12-31 | 38.70% |
| 2017-09-30 | 38.85% |
| 2017-06-30 | 37.51% |
| 2017-03-31 | 37.49% |
| 2016-12-31 | 37.94% |
| 2016-09-30 | 37.68% |
| 2016-06-30 | 35.82% |
| 2016-03-31 | 49.32% |
| 2015-12-31 | 34.42% |
| 2015-09-30 | 31.56% |
| 2015-06-30 | 27.40% |
| 2015-03-31 | 25.23% |
| 2014-12-31 | 20.10% |
| 2014-09-30 | 17.91% |
| 2014-06-30 | 15.82% |
| 2014-03-31 | 15.83% |
| 2013-12-31 | 15.78% |
| 2013-09-30 | 18.14% |
| 2013-06-30 | 20.17% |
| 2013-03-31 | 20.20% |
| 2012-12-31 | 20.33% |
| 2012-09-30 | 19.78% |
| 2012-06-30 | 17.89% |
| 2012-03-31 | 14.79% |
| 2011-12-31 | 13.86% |
| 2011-09-30 | 15.17% |
| 2011-06-30 | 16.88% |
| 2011-03-31 | 18.19% |
| 2010-12-31 | 18.75% |
| 2010-09-30 | 17.64% |
| 2010-06-30 | 16.47% |
| 2010-03-31 | 17.33% |
| 2009-12-31 | 17.98% |
| 2009-09-30 | 18.55% |
| 2009-06-30 | 18.81% |
| 2009-03-31 | 18.68% |
| 2008-12-31 | 16.86% |
| 2008-09-30 | 12.30% |
| 2008-06-30 | 12.69% |
| 2008-03-31 | 13.88% |
| 2007-12-31 | 14.76% |
| 2007-09-30 | 17.58% |
| 2007-06-30 | 18.52% |
| 2007-03-31 | 19.24% |
| 2006-12-31 | 15.72% |
| 2006-09-30 | 15.57% |
| 2006-06-30 | 15.87% |
| 2006-03-31 | 11.73% |
| 2005-12-31 | 11.38% |
| 2005-09-30 | 12.28% |
| 2005-06-30 | 14.68% |
| 2005-03-31 | 15.57% |
| 2004-12-31 | 16.70% |
| 2004-09-30 | 18.70% |
| 2004-06-30 | 16.54% |
| 2004-03-31 | 17.14% |
| 2003-12-31 | 18.74% |
| 2003-09-30 | 20.54% |
| 2003-06-30 | 19.75% |
| 2003-03-31 | 17.87% |
| 2002-12-31 | 22.82% |
| 2002-09-30 | 23.39% |
| 2002-06-30 | 24.06% |
