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 8.99% is 15% below its 5-year average of 10.54%, near the low end of its 5-year range (8.99%–11.67%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.92% below its 12-month average of 9.55%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
8.99%
DEBT TO ASSETS RATIO AVG TTM
9.55%
DEBT TO ASSETS RATIO AVG 3Y
10.06%
DEBT TO ASSETS RATIO AVG 5Y
10.54%
DEBT TO ASSETS RATIO AVG 10Y
16.41%
DEBT TO ASSETS RATIO AVG 15Y
21.76%
DEBT TO ASSETS RATIO AVG 20Y
21.16%
CURRENT VS TTM AVG
-5.92%
CURRENT VS 3Y AVG
-10.70%
CURRENT VS 5Y AVG
-14.70%
CURRENT VS 10Y AVG
-45.22%
CURRENT VS 15Y AVG
-58.69%
CURRENT VS 20Y AVG
-57.53%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+3644.87%
vs the sector median at left
Barrick Mining Corporation
Market Cap
$64.02B
Debt to Assets Ratio
8.99%
TTM Avg
9.55%
3Y Avg
10.06%
5Y Avg
10.54%
Market Cap
$65.63B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.41B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.77B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Barrick Mining Corporation (B) | $64.02B | 8.99% | 9.55% | 10.06% | 10.54% |
| Vale S.A. (VALE)vs › | $63.24B | 0.22% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $65.63B | 0.45% | N/A | N/A | N/A |
| Nucor Corporation (NUE)vs › | $62.41B | 0.19% | N/A | N/A | N/A |
| CRH plc (CRH)vs › | $66.04B | 0.33% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.41B | 0.00% | N/A | N/A | N/A |
| Corteva, Inc. (CTVA)vs › | $52.38B | 0.12% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $79.69B | 0.46% | N/A | N/A | N/A |
| The Sherwin-Williams Company (SHW)vs › | $87.77B | 0.53% | N/A | N/A | N/A |
| Steel Dynamics, Inc. (STLD)vs › | $38.00B | 0.24% | N/A | N/A | N/A |
Debt/Assets
9.0%
Debt/Equity
0.17
Current Ratio
3.06
Interest Coverage
22.6x
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 | 8.99% |
| 2025-12-31 | 9.21% |
| 2025-09-30 | 9.75% |
| 2025-06-30 | 10.00% |
| 2025-03-31 | 9.82% |
| 2024-12-31 | 11.04% |
| 2024-09-30 | 9.98% |
| 2024-06-30 | 10.22% |
| 2024-03-31 | 10.41% |
| 2023-12-31 | 11.46% |
| 2023-09-30 | 10.47% |
| 2023-06-30 | 10.54% |
| 2023-03-31 | 10.35% |
| 2022-12-31 | 11.42% |
| 2022-09-30 | 10.97% |
| 2022-06-30 | 10.98% |
| 2022-03-31 | 10.87% |
| 2021-12-31 | 11.67% |
| 2021-09-30 | 11.05% |
| 2021-06-30 | 11.07% |
| 2021-03-31 | 11.00% |
| 2020-12-31 | 11.53% |
| 2020-09-30 | 11.19% |
| 2020-06-30 | 11.44% |
| 2020-03-31 | 11.52% |
| 2019-12-31 | 12.47% |
| 2019-09-30 | 12.67% |
| 2019-06-30 | 17.81% |
| 2019-03-31 | 17.80% |
| 2018-12-31 | 25.35% |
| 2018-09-30 | 23.82% |
| 2018-06-30 | 25.44% |
| 2018-03-31 | 25.20% |
| 2017-12-31 | 25.38% |
| 2017-09-30 | 25.71% |
| 2017-06-30 | 28.84% |
| 2017-03-31 | 29.36% |
| 2016-12-31 | 31.39% |
| 2016-09-30 | 33.32% |
| 2016-06-30 | 35.15% |
| 2016-03-31 | 35.98% |
| 2015-12-31 | 37.89% |
| 2015-09-30 | 38.03% |
| 2015-06-30 | 38.63% |
| 2015-03-31 | 38.50% |
| 2014-12-31 | 38.61% |
| 2014-09-30 | 34.93% |
| 2014-06-30 | 35.15% |
| 2014-03-31 | 34.83% |
| 2013-12-31 | 34.93% |
| 2013-09-30 | 38.74% |
| 2013-06-30 | 39.59% |
| 2013-03-31 | 30.20% |
| 2012-12-31 | 29.49% |
| 2012-09-30 | 26.77% |
| 2012-06-30 | 27.30% |
| 2012-03-31 | 26.85% |
| 2011-12-31 | 27.35% |
| 2011-09-30 | 28.58% |
| 2011-06-30 | 29.36% |
| 2011-03-31 | 18.83% |
| 2010-12-31 | 20.08% |
| 2010-09-30 | 21.58% |
| 2010-06-30 | 23.01% |
| 2010-03-31 | 21.49% |
| 2009-12-31 | 23.40% |
| 2009-09-30 | 16.95% |
| 2009-06-30 | 20.24% |
| 2009-03-31 | 21.22% |
| 2008-12-31 | 18.86% |
| 2008-09-30 | 18.81% |
| 2008-06-30 | 17.76% |
| 2008-03-31 | 18.30% |
| 2007-12-31 | 15.42% |
| 2007-09-30 | 16.00% |
| 2007-06-30 | 16.53% |
| 2007-03-31 | 19.08% |
| 2006-12-31 | 19.21% |
| 2006-09-30 | 19.12% |
| 2006-06-30 | 18.54% |
| 2006-03-31 | 21.38% |
| 2005-12-31 | 26.24% |
| 2005-09-30 | 25.97% |
| 2005-06-30 | 27.36% |
| 2005-03-31 | 26.32% |
| 2004-12-31 | 26.87% |
| 2004-09-30 | 26.23% |
| 2004-06-30 | 13.74% |
| 2004-03-31 | 13.62% |
| 2003-12-31 | 24.02% |
| 2003-09-30 | 14.26% |
| 2003-06-30 | 14.31% |
| 2003-03-31 | 14.22% |
| 2002-12-31 | 10.08% |
| 2002-09-30 | 15.33% |
| 2002-06-30 | 15.35% |