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 60.26% is in line with its 5-year average of 58.19%, near the high end of its 5-year range (52.56%–60.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.54% above its 12-month average of 59.94%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
60.26%
DEBT TO ASSETS RATIO AVG TTM
59.94%
DEBT TO ASSETS RATIO AVG 3Y
58.77%
DEBT TO ASSETS RATIO AVG 5Y
58.19%
DEBT TO ASSETS RATIO AVG 10Y
57.18%
DEBT TO ASSETS RATIO AVG 15Y
42.83%
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.54%
CURRENT VS 3Y AVG
+2.55%
CURRENT VS 5Y AVG
+3.56%
CURRENT VS 10Y AVG
+5.39%
CURRENT VS 15Y AVG
+40.70%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.21%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+28597.32%
vs the sector median at left
Market Cap
$59.28B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.97B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$61.88B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$64.20B
Debt to Assets Ratio
0.71%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$54.01B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MPLX Lp (MPLX) | $59.27B | 60.26% | 59.94% | 58.77% | 58.19% |
| Diamondback Energy, Inc. (FANG)vs › | $59.28B | 0.18% | N/A | N/A | N/A |
| ONEOK, Inc. (OKE)vs › | $58.81B | 0.48% | N/A | N/A | N/A |
| Occidental Petroleum Corporation (OXY)vs › | $60.97B | 0.18% | N/A | N/A | N/A |
| Baker Hughes Company (BKR)vs › | $61.88B | 0.31% | N/A | N/A | N/A |
| Targa Resources Corp. (TRGP)vs › | $64.20B | 0.71% | N/A | N/A | N/A |
| Devon Energy Corporation (DVN)vs › | $54.01B | 0.17% | N/A | N/A | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $68.99B | 0.44% | N/A | N/A | N/A |
| Energy Transfer LP (ET)vs › | $72.92B | 0.47% | N/A | N/A | N/A |
| Cameco Corporation (CCJ)vs › | $44.65B | 0.10% | N/A | N/A | N/A |
Debt/Assets
60.3%
Debt/Equity
1.85
Current Ratio
0.89
Interest Coverage
4.8x
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 | 60.26% |
| 2026-03-31 | 60.87% |
| 2025-12-31 | 60.83% |
| 2025-09-30 | 60.35% |
| 2025-06-30 | 57.38% |
| 2025-03-31 | 58.80% |
| 2024-12-31 | 57.15% |
| 2024-09-30 | 58.62% |
| 2024-06-30 | 58.78% |
| 2024-03-31 | 57.46% |
| 2023-12-31 | 57.25% |
| 2023-09-30 | 57.90% |
| 2023-06-30 | 58.29% |
| 2023-03-31 | 58.56% |
| 2022-12-31 | 56.92% |
| 2022-09-30 | 56.66% |
| 2022-06-30 | 56.72% |
| 2022-03-31 | 57.61% |
| 2021-12-31 | 53.70% |
| 2021-09-30 | 52.56% |
| 2021-06-30 | 55.24% |
| 2021-03-31 | 57.11% |
| 2020-12-31 | 56.79% |
| 2020-09-30 | 57.02% |
| 2020-06-30 | 57.07% |
| 2020-03-31 | 56.88% |
| 2019-12-31 | 50.24% |
| 2019-09-30 | 47.97% |
| 2019-06-30 | 61.16% |
| 2019-03-31 | 59.76% |
| 2018-12-31 | 58.79% |
| 2018-09-30 | 57.59% |
| 2018-06-30 | 55.45% |
| 2018-03-31 | 56.46% |
| 2017-12-31 | 37.59% |
| 2017-09-30 | 35.60% |
| 2017-06-30 | 35.84% |
| 2017-03-31 | 36.39% |
| 2016-12-31 | 26.56% |
| 2016-09-30 | 26.87% |
| 2016-06-30 | 27.36% |
| 2016-03-31 | 29.51% |
| 2015-12-31 | 33.52% |
| 2015-09-30 | 54.15% |
| 2015-06-30 | 54.49% |
| 2015-03-31 | 55.97% |
| 2014-12-31 | 53.09% |
| 2014-09-30 | 22.19% |
| 2014-06-30 | 22.45% |
| 2014-03-31 | 23.49% |
| 2013-12-31 | 0.87% |
| 2013-09-30 | 0.88% |
| 2013-06-30 | 0.90% |
| 2013-03-31 | 0.85% |
| 2012-12-31 | 0.87% |
| 2012-09-30 | 0.91% |
| 2012-06-30 | 0.77% |
| 2012-03-31 | 0.88% |
| 2011-12-31 | 0.91% |
