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 47.25% is in line with its 5-year average of 47.47%, around the middle of its 5-year range (45.00%–50.52%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.45% below its 12-month average of 48.94%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
47.25%
DEBT TO ASSETS RATIO AVG TTM
48.94%
DEBT TO ASSETS RATIO AVG 3Y
47.71%
DEBT TO ASSETS RATIO AVG 5Y
47.47%
DEBT TO ASSETS RATIO AVG 10Y
50.09%
DEBT TO ASSETS RATIO AVG 15Y
50.08%
DEBT TO ASSETS RATIO AVG 20Y
52.42%
CURRENT VS TTM AVG
-3.45%
CURRENT VS 3Y AVG
-0.96%
CURRENT VS 5Y AVG
-0.46%
CURRENT VS 10Y AVG
-5.66%
CURRENT VS 15Y AVG
-5.64%
CURRENT VS 20Y AVG
-9.85%
SECTOR MEDIAN · ENERGY
0.21%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+22401.48%
vs the sector median at left
Energy Transfer LP
Market Cap
$69.27B
Debt to Assets Ratio
47.25%
TTM Avg
48.94%
3Y Avg
47.71%
5Y Avg
47.47%
Market Cap
$81.67B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Transfer LP (ET) | $69.27B | 47.25% | 48.94% | 47.71% | 47.47% |
| Kinder Morgan, Inc. (KMI)vs › | $68.70B | 0.44% | 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 |
| Baker Hughes Company (BKR)vs › | $61.10B | 0.31% | N/A | N/A | N/A |
| Eni S.p.A. (E)vs › | $77.67B | 0.25% | N/A | N/A | N/A |
| Enterprise Products Partners L.P. (EPD)vs › | $81.67B | 0.03% | N/A | N/A | N/A |
| Phillips 66 (PSX)vs › | $81.75B | 0.25% | N/A | N/A | N/A |
| Occidental Petroleum Corporation (OXY)vs › | $55.61B | N/A | N/A | N/A | N/A |
Debt/Assets
47.3%
Debt/Equity
1.39
Current Ratio
N/A
Interest Coverage
2.8x
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 | 47.25% |
| 2026-03-31 | 48.21% |
| 2025-12-31 | 50.52% |
| 2025-09-30 | 49.47% |
| 2025-06-30 | 49.25% |
| 2025-03-31 | 47.94% |
| 2024-12-31 | 48.30% |
| 2024-09-30 | 48.27% |
| 2024-06-30 | 48.16% |
| 2024-03-31 | 46.83% |
| 2023-12-31 | 46.81% |
| 2023-09-30 | 45.46% |
| 2023-06-30 | 46.57% |
| 2023-03-31 | 45.99% |
| 2022-12-31 | 46.48% |
| 2022-09-30 | 45.63% |
| 2022-06-30 | 45.00% |
| 2022-03-31 | 46.09% |
| 2021-12-31 | 47.72% |
| 2021-09-30 | 47.90% |
| 2021-06-30 | 48.99% |
| 2021-03-31 | 50.52% |
| 2020-12-31 | 55.00% |
| 2020-09-30 | 55.04% |
| 2020-06-30 | 54.47% |
| 2020-03-31 | 53.60% |
| 2019-12-31 | 52.56% |
| 2019-09-30 | 51.95% |
| 2019-06-30 | 52.16% |
| 2019-03-31 | 52.82% |
| 2018-12-31 | 52.16% |
| 2018-09-30 | 50.77% |
| 2018-06-30 | 51.06% |
| 2018-03-31 | 50.88% |
| 2017-12-31 | 51.11% |
| 2017-09-30 | 52.95% |
| 2017-06-30 | 53.81% |
| 2017-03-31 | 53.06% |
| 2016-12-31 | 55.82% |
| 2016-09-30 | 53.78% |
| 2016-06-30 | 53.14% |
| 2016-03-31 | 52.68% |
| 2015-12-31 | 51.93% |
| 2015-09-30 | 51.80% |
| 2015-06-30 | 50.50% |
| 2015-03-31 | 50.23% |
| 2014-12-31 | 47.43% |
| 2014-09-30 | 46.29% |
| 2014-06-30 | 46.61% |
| 2014-03-31 | 45.51% |
| 2013-12-31 | 46.09% |
| 2013-09-30 | 44.58% |
| 2013-06-30 | 45.39% |
| 2013-03-31 | 46.46% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 54.58% |
| 2012-03-31 | 53.32% |
| 2011-12-31 | 54.42% |
| 2011-09-30 | 57.12% |
| 2011-06-30 | 56.11% |
| 2011-03-31 | 54.86% |
| 2010-12-31 | 53.98% |
| 2010-09-30 | 52.43% |
| 2010-06-30 | 54.71% |
| 2010-03-31 | 59.76% |
| 2009-12-31 | 64.08% |
| 2009-09-30 | 66.64% |
| 2009-06-30 | 63.92% |
| 2009-03-31 | 65.27% |
| 2008-12-31 | 65.36% |
| 2008-09-30 | 64.14% |
| 2008-06-30 | 61.70% |
| 2008-03-31 | 62.68% |
| 2007-11-30 | 65.76% |
| 2007-08-31 | 64.10% |
| 2007-05-31 | 62.41% |
| 2007-02-28 | 63.63% |
| 2006-11-30 | 61.31% |
| 2006-08-31 | 54.80% |
| 2006-05-31 | 43.66% |
| 2006-02-28 | 39.59% |
| 2005-11-30 | 46.55% |
| 2005-08-31 | 47.43% |