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 9.57% is 37% below its 1-year average of 15.23%, near the low end of its 1-year range (9.57%–20.90%).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to assets ratio; no daily interpolation.
Limited quarterly history available
Debt to Assets needs at least three reported quarters before a meaningful chart is shown.
DEBT TO ASSETS RATIO
9.57%
DEBT TO ASSETS RATIO AVG TTM
N/A
DEBT TO ASSETS RATIO AVG 3Y
N/A
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
0.43%
median of 58 covered companies
CURRENT VS SECTOR MEDIAN
+2125.43%
vs the sector median at left
Fervo Energy Company
Market Cap
$3.98B
Debt to Assets Ratio
9.57%
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Fervo Energy Company (FRVO) | $3.98B | 9.57% |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.22B | 0.04% |
| Avista Corporation (AVA)vs › | $2.97B | 0.39% |
| MGE Energy, Inc. (MGEE)vs › | $2.67B | 0.27% |
| Black Hills Corporation (BKH)vs › | $5.39B | 0.41% |
| H2O America (HTO)vs › | $2.46B | 0.35% |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 0.42% |
| Clearway Energy, Inc. (CWEN)vs › | $6.22B | 0.59% |
| Fluence Energy, Inc. (FLNC)vs › | $1.47B | 0.15% |
| Oklo Inc. (OKLO)vs › | $6.77B | 0.00% |
Debt/Assets
9.6%
Debt/Equity
0.12
Current Ratio
8.62
Interest Coverage
-5.8x
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 | 9.57% |
| 2026-03-31 | 20.90% |
