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 30.89% is 63% above its 5-year average of 18.94%, near the high end of its 5-year range (15.44%–31.76%).
As of the fiscal period ended Tuesday, June 30, 2026. 38.97% above its 12-month average of 22.23%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
30.89%
DEBT TO ASSETS RATIO AVG TTM
22.23%
DEBT TO ASSETS RATIO AVG 3Y
16.48%
DEBT TO ASSETS RATIO AVG 5Y
17.63%
DEBT TO ASSETS RATIO AVG 10Y
16.36%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+38.97%
CURRENT VS 3Y AVG
+87.45%
CURRENT VS 5Y AVG
+75.16%
CURRENT VS 10Y AVG
+88.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.21%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+14608.33%
vs the sector median at left
Baker Hughes Company
Market Cap
$61.10B
Debt to Assets Ratio
30.89%
TTM Avg
22.23%
3Y Avg
16.48%
5Y Avg
17.63%
Market Cap
$55.61B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.14B
Debt to Assets Ratio
0.71%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$52.90B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baker Hughes Company (BKR) | $61.10B | 30.89% | 22.23% | 16.48% | 17.63% |
| Occidental Petroleum Corporation (OXY)vs › | $55.61B | N/A | N/A | N/A | N/A |
| Targa Resources Corp. (TRGP)vs › | $55.14B | 0.71% | N/A | N/A | N/A |
| ONEOK, Inc. (OKE)vs › | $54.46B | 0.49% | N/A | N/A | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $68.70B | 0.44% | N/A | N/A | N/A |
| Energy Transfer LP (ET)vs › | $69.27B | 0.47% | N/A | N/A | N/A |
| Diamondback Energy, Inc. (FANG)vs › | $52.90B | 0.02% | N/A | N/A | N/A |
| Suncor Energy Inc. (SU)vs › | $70.96B | 0.16% | N/A | N/A | N/A |
| EOG Resources, Inc. (EOG)vs › | $71.77B | 0.15% | N/A | N/A | N/A |
| Slb N.V. (SLB)vs › | $74.99B | 0.23% | N/A | N/A | N/A |
Debt/Assets
30.9%
Debt/Equity
0.82
Current Ratio
2.09
Interest Coverage
16.0x
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 |
|---|---|
| 2026-06-30 | 30.89% |
| 2026-03-31 | 31.76% |
| 2025-12-31 | 17.48% |
| 2025-09-30 | 15.44% |
| 2025-06-30 | 15.58% |
| 2025-03-31 | 15.81% |
| 2024-12-31 | 15.70% |
| 2024-09-30 | 16.08% |
| 2024-06-30 | 16.08% |
| 2024-03-31 | 16.17% |
| 2023-12-31 | 16.30% |
| 2023-09-30 | 18.22% |
| 2023-06-30 | 18.41% |
| 2023-03-31 | 19.00% |
| 2022-12-31 | 19.48% |
| 2022-09-30 | 20.07% |
| 2022-06-30 | 19.73% |
| 2022-03-31 | 19.10% |
| 2021-12-31 | 19.03% |
| 2021-09-30 | 18.91% |
| 2021-06-30 | 18.47% |
| 2021-03-31 | 20.69% |
| 2020-12-31 | 20.07% |
| 2020-09-30 | 20.59% |
| 2020-06-30 | 20.52% |
| 2020-03-31 | 17.45% |
| 2019-12-31 | 12.41% |
| 2019-09-30 | 13.33% |
| 2019-06-30 | 13.52% |
| 2019-03-31 | 13.51% |
| 2018-12-31 | 13.98% |
| 2018-09-30 | 13.61% |
| 2018-06-30 | 13.66% |
| 2018-03-31 | 13.53% |
| 2017-12-31 | 14.78% |
| 2017-09-30 | 8.95% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 6.82% |
| 2016-12-31 | 1.28% |
