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 29.62% is 47% above its 5-year average of 20.17%, near the high end of its 5-year range (11.06%–34.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.00% below its 12-month average of 31.85%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
29.62%
DEBT TO ASSETS RATIO AVG TTM
31.85%
DEBT TO ASSETS RATIO AVG 3Y
24.31%
DEBT TO ASSETS RATIO AVG 5Y
20.17%
DEBT TO ASSETS RATIO AVG 10Y
9.99%
DEBT TO ASSETS RATIO AVG 15Y
7.72%
DEBT TO ASSETS RATIO AVG 20Y
8.87%
CURRENT VS TTM AVG
-7.00%
CURRENT VS 3Y AVG
+21.84%
CURRENT VS 5Y AVG
+46.86%
CURRENT VS 10Y AVG
+196.48%
CURRENT VS 15Y AVG
+283.70%
CURRENT VS 20Y AVG
+233.87%
SECTOR MEDIAN · ENERGY
0.22%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+13363.45%
vs the sector median at left
Helmerich & Payne, Inc.
Market Cap
$4.44B
Debt to Assets Ratio
29.62%
TTM Avg
31.85%
3Y Avg
24.31%
5Y Avg
20.17%
Market Cap
$4.91B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.06B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.23B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.79B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.51B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.42B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Helmerich & Payne, Inc. (HP) | $4.44B | 29.62% | 31.85% | 24.31% | 20.17% |
| California Resources Corp (CRC)vs › | $4.91B | 0.19% | N/A | N/A | N/A |
| Oceaneering International, Inc. (OII)vs › | $5.06B | 0.31% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $5.07B | 0.21% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $3.60B | 0.47% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.23B | 0.17% | N/A | N/A | N/A |
| Weatherford International plc (WFRD)vs › | $6.79B | 0.32% | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.51B | 0.04% | N/A | N/A | N/A |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.42B | 0.01% | N/A | N/A | N/A |
| Array Technologies, Inc. (ARRY)vs › | $754.52M | 0.49% | N/A | N/A | N/A |
Debt/Assets
29.6%
Debt/Equity
0.72
Current Ratio
1.96
Interest Coverage
2.1x
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 | 29.62% |
| 2026-03-31 | 31.60% |
| 2025-12-31 | 31.48% |
| 2025-09-30 | 34.60% |
| 2025-06-30 | 31.94% |
| 2025-03-31 | 30.93% |
| 2024-12-31 | 30.63% |
| 2024-09-30 | 32.15% |
| 2024-06-30 | 12.16% |
| 2024-03-31 | 12.33% |
| 2023-12-31 | 12.33% |
| 2023-09-30 | 13.69% |
| 2023-06-30 | 12.56% |
| 2023-03-31 | 12.43% |
| 2022-12-31 | 12.31% |
| 2022-09-30 | 13.20% |
| 2022-06-30 | 12.55% |
| 2022-03-31 | 12.50% |
| 2021-12-31 | 12.35% |
| 2021-09-30 | 21.11% |
| 2021-06-30 | 11.06% |
| 2021-03-31 | 10.84% |
| 2020-12-31 | 10.18% |
| 2020-09-30 | 10.89% |
| 2020-06-30 | 10.64% |
| 2020-03-31 | 10.21% |
| 2019-12-31 | 9.10% |
| 2019-09-30 | 8.21% |
| 2019-06-30 | 8.34% |
| 2019-03-31 | 7.99% |
| 2018-12-31 | 7.99% |
| 2018-09-30 | 7.95% |
| 2018-06-30 | 7.88% |
| 2018-03-31 | 7.88% |
| 2017-12-31 | 7.75% |
| 2017-09-30 | 7.65% |
| 2017-06-30 | 7.56% |
| 2017-03-31 | 7.53% |
| 2016-12-31 | 7.37% |
| 2016-09-30 | 7.20% |
| 2016-06-30 | 7.07% |
| 2016-03-31 | 7.02% |
| 2015-12-31 | 6.91% |
| 2015-09-30 | 6.89% |
| 2015-06-30 | 7.26% |
| 2015-03-31 | 7.26% |
| 2014-12-31 | 0.59% |
| 2014-09-30 | 0.60% |
| 2014-06-30 | 1.20% |
| 2014-03-31 | 1.23% |
| 2013-12-31 | 1.25% |
| 2013-09-30 | 1.28% |
| 2013-06-30 | 3.15% |
| 2013-03-31 | 3.24% |
| 2012-12-31 | 3.29% |
| 2012-09-30 | 3.41% |
| 2012-06-30 | 4.26% |
| 2012-03-31 | 4.32% |
| 2011-12-31 | 4.47% |
| 2011-09-30 | 6.99% |
| 2011-06-30 | 7.13% |
| 2011-03-31 | 7.41% |
| 2010-12-31 | 7.84% |
| 2010-09-30 | 8.44% |
| 2010-06-30 | 9.57% |
| 2010-03-31 | 10.46% |
| 2009-12-31 | 8.97% |
| 2009-09-30 | 12.62% |
| 2009-06-30 | 10.54% |
| 2009-03-31 | 14.07% |
| 2008-12-31 | 13.60% |
| 2008-09-30 | 13.98% |
| 2008-06-30 | 13.53% |
| 2008-03-31 | 15.21% |
| 2007-12-31 | 15.86% |
| 2007-09-30 | 15.42% |
| 2007-06-30 | 15.07% |
| 2007-03-31 | 14.29% |
| 2006-12-31 | 10.73% |
| 2006-09-30 | 9.54% |
| 2006-06-30 | 10.19% |
| 2006-03-31 | 10.62% |
| 2005-12-31 | 11.35% |
| 2005-09-30 | 12.02% |
| 2005-06-30 | 12.76% |
| 2005-03-31 | 13.24% |
| 2004-12-31 | 13.58% |
| 2004-09-30 | 14.22% |
| 2004-06-30 | 14.01% |
| 2004-03-31 | 15.51% |
| 2003-12-31 | 15.97% |
| 2003-09-30 | 16.24% |
| 2003-06-30 | 14.99% |
| 2003-03-31 | 14.90% |
| 2002-12-31 | 14.84% |
| 2002-09-30 | 8.15% |
