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 23.93% is in line with its 5-year average of 24.03%, near the low end of its 5-year range (22.48%–32.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.15% below its 12-month average of 24.97%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 23.93%.
DEBT TO ASSETS RATIO
23.93%
DEBT TO ASSETS RATIO AVG TTM
24.97%
DEBT TO ASSETS RATIO AVG 3Y
23.85%
DEBT TO ASSETS RATIO AVG 5Y
24.03%
DEBT TO ASSETS RATIO AVG 10Y
30.82%
DEBT TO ASSETS RATIO AVG 15Y
30.29%
DEBT TO ASSETS RATIO AVG 20Y
24.05%
CURRENT VS TTM AVG
-4.15%
CURRENT VS 3Y AVG
+0.34%
CURRENT VS 5Y AVG
-0.42%
CURRENT VS 10Y AVG
-22.35%
CURRENT VS 15Y AVG
-21.00%
CURRENT VS 20Y AVG
-0.49%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+9870.31%
vs the sector median at left
CF Industries Holdings, Inc.
Market Cap
$18.53B
Debt to Assets Ratio
23.93%
TTM Avg
24.97%
3Y Avg
23.85%
5Y Avg
24.03%
Market Cap
$18.91B
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.12B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$17.79B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.76B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.88B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.05B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CF Industries Holdings, Inc. (CF) | $18.53B | 23.93% | 24.97% | 23.85% | 24.03% |
| International Paper Company (IP)vs › | $18.91B | 0.27% | N/A | N/A | N/A |
| LyondellBasell Industries N.V. (LYB)vs › | $19.12B | 0.41% | N/A | N/A | N/A |
| DuPont de Nemours, Inc. (DD)vs › | $17.79B | 0.15% | N/A | N/A | N/A |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.76B | 0.18% | N/A | N/A | N/A |
| Carpenter Technology Corporation (CRS)vs › | $19.88B | 0.18% | N/A | N/A | N/A |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $20.05B | 0.32% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $20.37B | 0.34% | N/A | N/A | N/A |
| Coeur Mining, Inc. (CDE)vs › | $21.12B | 0.05% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.90B | 0.25% | N/A | N/A | N/A |
Debt/Assets
23.9%
Debt/Equity
0.63
Current Ratio
4.86
Interest Coverage
15.3x
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 |
|---|---|
| 2026-06-30 | 23.93% |
| 2026-03-31 | 24.78% |
| 2025-12-31 | 28.02% |
| 2025-09-30 | 23.91% |
| 2025-06-30 | 24.19% |
| 2025-03-31 | 24.77% |
| 2024-12-31 | 24.11% |
| 2024-09-30 | 23.48% |
| 2024-06-30 | 23.37% |
| 2024-03-31 | 23.21% |
| 2023-12-31 | 22.48% |
| 2023-09-30 | 23.98% |
| 2023-06-30 | 23.96% |
| 2023-03-31 | 24.27% |
| 2022-12-31 | 24.22% |
| 2022-09-30 | 24.44% |
| 2022-06-30 | 23.82% |
| 2022-03-31 | 26.86% |
| 2021-12-31 | 30.03% |
| 2021-09-30 | 31.73% |
| 2021-06-30 | 32.86% |
| 2021-03-31 | 33.03% |
| 2020-12-31 | 35.12% |
| 2020-09-30 | 35.60% |
| 2020-06-30 | 35.50% |
| 2020-03-31 | 38.17% |
| 2019-12-31 | 34.83% |
| 2019-09-30 | 38.53% |
| 2019-06-30 | 38.77% |
| 2019-03-31 | 38.54% |
| 2018-12-31 | 37.11% |
| 2018-09-30 | 35.70% |
| 2018-06-30 | 36.15% |
| 2018-03-31 | 34.71% |
| 2017-12-31 | 34.85% |
| 2017-09-30 | 38.94% |
| 2017-06-30 | 38.72% |
| 2017-03-31 | 38.06% |
| 2016-12-31 | 38.19% |
| 2016-09-30 | 35.44% |
| 2016-06-30 | 35.15% |
| 2016-03-31 | 35.55% |
| 2015-12-31 | 43.90% |
| 2015-09-30 | 43.46% |
| 2015-06-30 | 41.76% |
| 2015-03-31 | 39.99% |
| 2014-12-31 | 40.50% |
| 2014-09-30 | 39.39% |
| 2014-06-30 | 40.62% |
| 2014-03-31 | 36.81% |
| 2013-12-31 | 29.01% |
| 2013-09-30 | 28.69% |
| 2013-06-30 | 30.22% |
| 2013-03-31 | 15.52% |
| 2012-12-31 | 15.79% |
| 2012-09-30 | 15.76% |
| 2012-06-30 | 17.60% |
| 2012-03-31 | 16.82% |
| 2011-12-31 | 18.03% |
| 2011-09-30 | 17.50% |
| 2011-06-30 | 17.18% |
| 2011-03-31 | 17.61% |
| 2010-12-31 | 22.37% |
| 2010-09-30 | 26.17% |
| 2010-06-30 | 30.26% |
| 2010-03-31 | 0.19% |
| 2009-12-31 | 0.19% |
| 2009-09-30 | 0.20% |
| 2009-06-30 | 0.18% |
| 2009-03-31 | 0.16% |
| 2008-12-31 | 0.17% |
| 2008-09-30 | 0.15% |
| 2008-06-30 | 0.17% |
| 2008-03-31 | 0.19% |
| 2007-12-31 | 0.24% |
| 2007-09-30 | 0.27% |
| 2007-06-30 | 0.29% |
| 2007-03-31 | 0.27% |
| 2006-12-31 | 0.33% |
| 2006-09-30 | 0.34% |
| 2006-06-30 | 0.37% |
| 2006-03-31 | 0.32% |
| 2005-12-31 | 0.34% |
| 2005-09-30 | 0.32% |
| 2005-06-30 | 16.68% |
| 2004-12-31 | 16.73% |
