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Debt to Assets Ratio: 27.18%

Is the debt to assets ratio high or low?

The debt to assets ratio of 27.18% is 32% above its 5-year average of 20.65%, near the high end of its 5-year range (16.74%–27.18%).

As of Sunday, June 28, 2026. 16.91% above its 12-month average of 23.25%.

Debt to Assets

BHP Debt to Assets Ratio

27.18%

Reported quarterly debt to assets ratio; no daily interpolation.

-11.23% 5Y
BHP Debt to Assets Ratio

BHP Average Debt to Assets Ratio Chart

BHP Debt to Assets Ratio

BHP Current vs Average Debt to Assets Ratio Chart

BHP Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

27.18%

DEBT TO ASSETS RATIO AVG TTM

23.25%

DEBT TO ASSETS RATIO AVG 3Y

21.52%

DEBT TO ASSETS RATIO AVG 5Y

20.65%

DEBT TO ASSETS RATIO AVG 10Y

23.48%

DEBT TO ASSETS RATIO AVG 15Y

23.01%

DEBT TO ASSETS RATIO AVG 20Y

22.05%

CURRENT VS TTM AVG

+16.91%

CURRENT VS 3Y AVG

+26.28%

CURRENT VS 5Y AVG

+31.63%

CURRENT VS 10Y AVG

+15.74%

CURRENT VS 15Y AVG

+18.12%

CURRENT VS 20Y AVG

+23.26%

BHP Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
BHP Group Limited (BHP)$205.82B27.18%23.25%21.52%20.65%
Linde plc (LIN)vs ›$240.38B0.31%N/AN/AN/A
Rio Tinto Group (RIO)vs ›$152.24B0.18%N/AN/AN/A
Southern Copper Corporation (SCCO)vs ›$142.89B0.35%N/AN/AN/A
Newmont Corporation (NEM)vs ›$102.62B0.10%N/AN/AN/A
Freeport-McMoRan Inc. (FCX)vs ›$89.60B0.20%N/AN/AN/A
The Sherwin-Williams Company (SHW)vs ›$84.86B0.56%N/AN/AN/A
Ecolab Inc. (ECL)vs ›$79.83B0.38%N/AN/AN/A
CRH plc (CRH)vs ›$75.05B0.34%N/AN/AN/A
Vale S.A. (VALE)vs ›$64.27B0.22%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

27.2%

Debt/Equity

0.51

Current Ratio

1.46

Interest Coverage

21.3x

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 BHP Group Limited (BHP)?
The debt to assets ratio for BHP stock is 27.18%.
Is BHP Group Limited's debt to assets ratio high or low?
The debt to assets ratio of 27.18% is 32% above its 5-year average of 20.65%, near the high end of its 5-year range (16.74%–27.18%).
What is the TTM average debt to assets ratio for BHP Group Limited (BHP)?
The TTM average debt to assets ratio for BHP stock is 23.25%.
What is the 3Y average debt to assets ratio for BHP Group Limited (BHP)?
The 3Y average debt to assets ratio for BHP stock is 21.52%.
What is the 5Y average debt to assets ratio for BHP Group Limited (BHP)?
The 5Y average debt to assets ratio for BHP stock is 20.65%.
What is the 10Y average debt to assets ratio for BHP Group Limited (BHP)?
The 10Y average debt to assets ratio for BHP stock is 23.48%.
What is the 15Y average debt to assets ratio for BHP Group Limited (BHP)?
The 15Y average debt to assets ratio for BHP stock is 23.01%.
What is the 20Y average debt to assets ratio for BHP Group Limited (BHP)?
The 20Y average debt to assets ratio for BHP stock is 22.05%.

BHP Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2025-12-3127.18%
2025-06-3022.52%
2024-12-3120.05%
2024-06-3019.71%
2023-12-3122.41%
2023-06-3022.06%
2022-12-3116.74%
2022-06-3017.26%
2021-12-3117.92%
2021-06-3019.26%
2020-12-3122.01%
2020-06-3025.81%
2019-12-3126.21%
2019-06-3024.62%
2018-12-3124.86%
2018-06-3023.93%
2017-12-3124.63%
2017-06-3026.04%
2016-12-3128.48%
2016-06-3030.62%
2015-12-3130.80%
2015-06-3025.02%
2014-12-3121.27%
2014-06-3022.84%
2013-12-3125.19%
2013-06-3025.46%
2012-12-3126.54%
2012-06-3021.91%
2011-12-3120.22%
2011-06-3015.46%
2010-12-3116.24%
2010-06-3017.74%
2009-12-3119.98%
2009-06-3020.84%
2008-12-3115.50%
2008-06-3016.73%
2007-12-3122.39%
2007-06-3018.30%
2006-12-3116.68%
2006-06-3018.58%
2005-12-3124.04%
2005-06-3023.34%
2004-12-3117.41%
2004-06-3017.96%
2003-12-310.00%
2003-06-3020.89%
2002-12-3128.90%
2002-06-3027.20%
2001-12-310.00%
2001-06-3024.77%
2000-12-3126.28%
2000-06-3028.62%
1999-12-3032.49%
1999-05-3135.79%
1998-11-3036.90%
1998-05-3137.88%
1997-11-3033.18%
1997-05-3129.27%
1996-11-3029.40%
1996-05-3129.53%
1995-11-3027.95%
1995-05-3125.92%
1994-11-3026.17%
1994-05-3126.44%
1993-11-3028.34%
1993-05-3130.50%
1992-11-3031.03%
1992-05-3131.57%
1991-11-3031.85%
1991-05-3132.14%
1990-11-3032.04%
1990-05-3131.94%
1989-11-3035.07%
1989-05-3138.52%
1988-11-3037.70%
1988-05-3136.89%
1987-11-3033.71%
1987-05-3129.79%

About BHP Group Limited

BHP Group Limited is a prominent global natural resources enterprise with operations spanning multiple continents, including Australia, Europe, Asia (encompassing China, Japan, India, South Korea, and other regions), North America, and South America. The company's primary activities are organized into distinct divisions: Copper, Iron Ore, and Coal. Its extensive mining portfolio includes the extraction of a wide array of minerals such as copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, and cobalt, alongside the production of both metallurgical and thermal (energy) coal. In addition to these core endeavors, BHP is also engaged in the integrated process of nickel production—from mining to smelting and refining—and is actively pursuing potash development initiatives. The company further offers a variety of support functions, including towing, freight services, marketing and trading, marketing assistance, finance, and administrative services. Founded in 1851, BHP Group Limited maintains its corporate headquarters in Melbourne, Australia.

Melbourne, VIC
38,962 employees
Basic Materials / Industrial Materials
Sector
Basic Materials
Industry
Industrial Materials
CEO
Mike Henry