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 13.30% is 24% below its 5-year average of 17.58%, near the low end of its 5-year range (13.30%–22.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 22.12% below its 12-month average of 17.08%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
13.30%
DEBT TO ASSETS RATIO AVG TTM
17.08%
DEBT TO ASSETS RATIO AVG 3Y
16.53%
DEBT TO ASSETS RATIO AVG 5Y
17.58%
DEBT TO ASSETS RATIO AVG 10Y
43.63%
DEBT TO ASSETS RATIO AVG 15Y
37.99%
DEBT TO ASSETS RATIO AVG 20Y
34.45%
CURRENT VS TTM AVG
-22.12%
CURRENT VS 3Y AVG
-19.56%
CURRENT VS 5Y AVG
-24.36%
CURRENT VS 10Y AVG
-69.52%
CURRENT VS 15Y AVG
-64.99%
CURRENT VS 20Y AVG
-61.39%
SECTOR MEDIAN · ENERGY
0.21%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+6233.35%
vs the sector median at left
Expand Energy Corporation
Market Cap
$21.49B
Debt to Assets Ratio
13.30%
TTM Avg
17.08%
3Y Avg
16.53%
5Y Avg
17.58%
Market Cap
$23.50B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.10B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $21.49B | 13.30% | 17.08% | 16.53% | 17.58% |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 0.01% | N/A | N/A | N/A |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.14% | N/A | N/A | N/A |
| Halliburton Company (HAL)vs › | $26.64B | 0.32% | N/A | N/A | N/A |
| Tenaris S.A. (TS)vs › | $28.46B | 0.02% | N/A | N/A | N/A |
| APA Corporation (APA)vs › | $13.30B | 0.25% | N/A | N/A | N/A |
| Devon Energy Corporation (DVN)vs › | $30.10B | 0.26% | N/A | N/A | N/A |
| EQT Corporation (EQT)vs › | $32.33B | 0.14% | N/A | N/A | N/A |
| Venture Global, Inc. (VG)vs › | $32.38B | 0.67% | N/A | N/A | N/A |
| Antero Midstream Corporation (AM)vs › | $10.10B | 0.57% | N/A | N/A | N/A |
Debt/Assets
13.3%
Debt/Equity
0.19
Current Ratio
0.96
Interest Coverage
8.7x
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 | 13.30% |
| 2026-03-31 | 17.14% |
| 2025-12-31 | 17.89% |
| 2025-09-30 | 18.38% |
| 2025-06-30 | 18.69% |
| 2025-03-31 | 19.02% |
| 2024-12-31 | 20.88% |
| 2024-09-30 | 15.29% |
| 2024-06-30 | 15.20% |
| 2024-03-31 | 14.88% |
| 2023-12-31 | 14.80% |
| 2023-09-30 | 14.79% |
| 2023-06-30 | 14.70% |
| 2023-03-31 | 14.56% |
| 2022-12-31 | 20.21% |
| 2022-09-30 | 19.54% |
| 2022-06-30 | 22.24% |
| 2022-03-31 | 21.09% |
| 2021-12-31 | 21.04% |
| 2021-09-30 | 17.34% |
| 2021-06-30 | 18.27% |
| 2021-03-31 | 18.67% |
| 2020-12-31 | 29.80% |
| 2020-09-30 | 132.09% |
| 2020-06-30 | 29.44% |
| 2020-03-31 | 122.73% |
| 2019-12-31 | 58.67% |
| 2019-09-30 | 56.61% |
| 2019-06-30 | 58.95% |
| 2019-03-31 | 57.73% |
| 2018-12-31 | 65.63% |
| 2018-09-30 | 77.51% |
| 2018-06-30 | 78.36% |
| 2018-03-31 | 77.59% |
| 2017-12-31 | 80.27% |
| 2017-09-30 | 82.62% |
| 2017-06-30 | 82.66% |
| 2017-03-31 | 81.41% |
| 2016-12-31 | 80.14% |
| 2016-09-30 | 77.28% |
| 2016-06-30 | 71.54% |
| 2016-03-31 | 67.94% |
| 2015-12-31 | 61.92% |
| 2015-09-30 | 54.48% |
| 2015-06-30 | 40.47% |
| 2015-03-31 | 33.58% |
| 2014-12-31 | 28.42% |
| 2014-09-30 | 28.81% |
| 2014-06-30 | 28.27% |
| 2014-03-31 | 30.70% |
| 2013-12-31 | 30.92% |
| 2013-09-30 | 30.57% |
| 2013-06-30 | 31.32% |
| 2013-03-31 | 32.00% |
| 2012-12-31 | 30.75% |
| 2012-09-30 | 35.51% |
| 2012-06-30 | 30.15% |
| 2012-03-31 | 28.70% |
| 2011-12-31 | 25.74% |
| 2011-09-30 | 29.38% |
| 2011-06-30 | 27.41% |
| 2011-03-31 | 28.49% |
| 2010-12-31 | 34.00% |
| 2010-09-30 | 33.34% |
| 2010-06-30 | 32.64% |
| 2010-03-31 | 40.29% |
| 2009-12-31 | 41.10% |
| 2009-09-30 | 40.62% |
| 2009-06-30 | 44.53% |
| 2009-03-31 | 43.60% |
| 2008-12-31 | 34.14% |
| 2008-09-30 | 35.85% |
| 2008-06-30 | 36.04% |
| 2008-03-31 | 36.61% |
| 2007-12-31 | 35.63% |
| 2007-09-30 | 36.37% |
| 2007-06-30 | 34.00% |
| 2007-03-31 | 32.53% |
| 2006-12-31 | 30.21% |
| 2006-09-30 | 33.60% |
| 2006-06-30 | 31.55% |
| 2006-03-31 | 36.08% |
| 2005-12-31 | 34.06% |
| 2005-09-30 | 34.37% |
| 2005-06-30 | 39.95% |
| 2005-03-31 | 43.06% |
| 2004-12-31 | 37.30% |
| 2004-09-30 | 37.20% |
| 2004-06-30 | 41.91% |
| 2004-03-31 | 39.85% |
| 2003-12-31 | 45.00% |
| 2003-09-30 | 47.55% |
| 2003-06-30 | 49.05% |
| 2003-03-31 | 51.70% |
| 2002-12-31 | 57.42% |
| 2002-09-30 | 58.72% |
