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 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 the fiscal period ended Wednesday, December 31, 2025. 16.91% above its 12-month average of 23.25%.
Reported quarterly debt to assets ratio; no daily interpolation.
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%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+11224.62%
vs the sector median at left
BHP Group Limited
Market Cap
$230.38B
Debt to Assets Ratio
27.18%
TTM Avg
23.25%
3Y Avg
21.52%
5Y Avg
20.65%
Market Cap
$163.10B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.87B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$93.47B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$87.61B
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 |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $230.38B | 27.18% | 23.25% | 21.52% | 20.65% |
| Linde plc (LIN)vs › | $224.50B | 0.32% | N/A | N/A | N/A |
| Rio Tinto Group (RIO)vs › | $166.17B | 0.17% | N/A | N/A | N/A |
| Southern Copper Corporation (SCCO)vs › | $163.10B | 0.35% | N/A | N/A | N/A |
| Newmont Corporation (NEM)vs › | $126.33B | 0.09% | N/A | N/A | N/A |
| Freeport-McMoRan Inc. (FCX)vs › | $99.87B | 0.17% | N/A | N/A | N/A |
| Johnson Controls International plc (JCI)vs › | $93.47B | 0.24% | N/A | N/A | N/A |
| The Sherwin-Williams Company (SHW)vs › | $87.61B | 0.53% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $78.82B | 0.46% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $68.96B | 0.09% | N/A | N/A | N/A |
Debt/Assets
27.2%
Debt/Equity
0.63
Current Ratio
1.65
Interest Coverage
21.3x
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 |
|---|---|
| 2025-12-31 | 27.18% |
| 2025-06-30 | 22.52% |
| 2024-12-31 | 20.05% |
| 2024-06-30 | 19.71% |
| 2023-12-31 | 22.41% |
| 2023-06-30 | 22.06% |
| 2022-12-31 | 16.74% |
| 2022-06-30 | 17.26% |
| 2021-12-31 | 17.92% |
| 2021-06-30 | 19.26% |
| 2020-12-31 | 22.01% |
| 2020-06-30 | 25.81% |
| 2019-12-31 | 26.21% |
| 2019-06-30 | 24.62% |
| 2018-12-31 | 24.86% |
| 2018-06-30 | 23.93% |
| 2017-12-31 | 24.63% |
| 2017-06-30 | 26.04% |
| 2016-12-31 | 28.48% |
| 2016-06-30 | 30.62% |
| 2015-12-31 | 30.80% |
| 2015-06-30 | 25.02% |
| 2014-12-31 | 21.27% |
| 2014-06-30 | 22.84% |
| 2013-12-31 | 25.19% |
| 2013-06-30 | 25.46% |
| 2012-12-31 | 26.54% |
| 2012-06-30 | 21.91% |
| 2011-12-31 | 20.22% |
| 2011-06-30 | 15.46% |
| 2010-12-31 | 16.24% |
| 2010-06-30 | 17.74% |
| 2009-12-31 | 19.98% |
| 2009-06-30 | 20.84% |
| 2008-12-31 | 15.50% |
| 2008-06-30 | 16.73% |
| 2007-12-31 | 22.39% |
| 2007-06-30 | 18.30% |
| 2006-12-31 | 16.68% |
| 2006-06-30 | 18.58% |
| 2005-12-31 | 24.04% |
| 2005-06-30 | 23.34% |
| 2004-12-31 | 17.41% |
| 2004-06-30 | 17.96% |
| 2003-12-31 | 0.00% |
| 2003-06-30 | 20.89% |
| 2002-12-31 | 28.90% |
| 2002-06-30 | 27.20% |
| 2001-12-31 | 0.00% |
| 2001-06-30 | 24.77% |
| 2000-12-31 | 26.28% |
| 2000-06-30 | 28.62% |
| 1999-12-30 | 32.49% |
| 1999-05-31 | 35.79% |
| 1998-11-30 | 36.90% |
| 1998-05-31 | 37.88% |
| 1997-11-30 | 33.18% |
| 1997-05-31 | 29.27% |
| 1996-11-30 | 29.40% |
| 1996-05-31 | 29.53% |
| 1995-11-30 | 27.95% |
| 1995-05-31 | 25.92% |
| 1994-11-30 | 26.17% |
| 1994-05-31 | 26.44% |
| 1993-11-30 | 28.34% |
| 1993-05-31 | 30.50% |
| 1992-11-30 | 31.03% |
| 1992-05-31 | 31.57% |
| 1991-11-30 | 31.85% |
| 1991-05-31 | 32.14% |
| 1990-11-30 | 32.04% |
| 1990-05-31 | 31.94% |
| 1989-11-30 | 35.07% |
| 1989-05-31 | 38.52% |
| 1988-11-30 | 37.70% |
| 1988-05-31 | 36.89% |
| 1987-11-30 | 33.71% |
| 1987-05-31 | 29.79% |
