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 32.84% is 14% above its 5-year average of 28.92%, near the high end of its 5-year range (24.22%–33.48%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.39% above its 12-month average of 32.07%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
32.84%
DEBT TO ASSETS RATIO AVG TTM
32.07%
DEBT TO ASSETS RATIO AVG 3Y
30.30%
DEBT TO ASSETS RATIO AVG 5Y
28.92%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+2.39%
CURRENT VS 3Y AVG
+8.36%
CURRENT VS 5Y AVG
+13.54%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
0.26%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+12776.63%
vs the sector median at left
Market Cap
$21.15B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.23B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.01B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.88B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.79B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.35B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dow Inc. (DOW) | $20.84B | 32.84% | 32.07% | 30.30% | 28.92% |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.15B | 0.19% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.23B | 0.26% | N/A | N/A | N/A |
| DuPont de Nemours, Inc. (DD)vs › | $19.01B | 0.15% | N/A | N/A | N/A |
| CF Industries Holdings, Inc. (CF)vs › | $18.88B | 0.28% | N/A | N/A | N/A |
| LyondellBasell Industries N.V. (LYB)vs › | $18.79B | 0.47% | N/A | N/A | N/A |
| International Paper Company (IP)vs › | $23.35B | 0.28% | N/A | N/A | N/A |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.41B | 0.26% | N/A | N/A | N/A |
| Royal Gold, Inc. (RGLD)vs › | $16.65B | 0.10% | N/A | N/A | N/A |
| Masco Corporation (MAS)vs › | $16.46B | 0.66% | N/A | N/A | N/A |
Debt/Assets
32.8%
Debt/Equity
1.22
Current Ratio
1.97
Interest Coverage
0.3x
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 |
|---|---|
| 2026-03-31 | 32.84% |
| 2025-12-31 | 33.48% |
| 2025-09-30 | 32.18% |
| 2025-06-30 | 30.69% |
| 2025-03-31 | 31.17% |
| 2024-12-31 | 30.79% |
| 2024-09-30 | 30.16% |
| 2024-06-30 | 30.28% |
| 2024-03-31 | 30.16% |
| 2023-12-31 | 28.37% |
| 2023-09-30 | 27.91% |
| 2023-06-30 | 27.96% |
| 2023-03-31 | 27.94% |
| 2022-12-31 | 27.57% |
| 2022-09-30 | 24.78% |
| 2022-06-30 | 24.22% |
| 2022-03-31 | 25.19% |
| 2021-12-31 | 25.62% |
| 2021-09-30 | 26.61% |
| 2021-06-30 | 28.43% |
| 2021-03-31 | 30.98% |
| 2020-12-31 | 30.98% |
| 2020-09-30 | 32.14% |
| 2020-06-30 | 32.97% |
| 2020-03-31 | 33.27% |
| 2019-12-31 | 31.65% |
| 2019-09-30 | 31.20% |
| 2019-06-30 | 31.12% |
| 2019-03-31 | 28.15% |
| 2018-12-31 | 25.72% |
| 2018-09-30 | 30.07% |
| 2018-06-30 | 31.38% |