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Air Products and Chemicals, Inc. (APD)
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Air Products and Chemicals, Inc. (APD) Debt to Assets Ratio: 0.45%

The debt to assets ratio for Air Products and Chemicals, Inc. (APD) is 0.45% as of Wednesday, June 10, 2026.

APD Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.45%

APD Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIO
Air Products and Chemicals, Inc. (APD)0.45%
Nucor Corporation (NUE)$57.92B0.20%
Ecolab Inc. (ECL)$74.42B0.38%
The Sherwin-Williams Company (SHW)$76.59B0.56%
Vulcan Materials Company (VMC)$36.20B0.32%
Freeport-McMoRan Inc. (FCX)$92.36B0.20%
Newmont Corporation (NEM)$105.20B0.10%
DuPont de Nemours, Inc. (DD)$19.29B0.15%
Alcoa Corporation (AA)$19.11B0.17%
United States Steel Corporation (X)$12.42B0.21%

Leverage Ratios Comparison

Debt/Assets

0.5%

Debt/Equity

1.23

Current Ratio

1.38

Interest Coverage

-4.1x

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.

Air Products and Chemicals, Inc. 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

Air Products and Chemicals, Inc. Debt to Assets Ratio FAQ

What is the debt to assets ratio for Air Products and Chemicals, Inc. (APD)?
The debt to assets ratio for APD stock is 0.45%.

About Air Products and Chemicals, Inc.

Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.

Allentown, PA
21,850 employees
Basic Materials / Chemicals - Specialty
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Eduardo F. Menezes