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 30.82% is in line with its 5-year average of 32.40%, near the low end of its 5-year range (30.52%–35.01%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.41% below its 12-month average of 30.95%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 30.82%.
DEBT TO ASSETS RATIO
30.82%
DEBT TO ASSETS RATIO AVG TTM
30.95%
DEBT TO ASSETS RATIO AVG 3Y
32.08%
DEBT TO ASSETS RATIO AVG 5Y
32.40%
DEBT TO ASSETS RATIO AVG 10Y
29.99%
DEBT TO ASSETS RATIO AVG 15Y
29.74%
DEBT TO ASSETS RATIO AVG 20Y
31.03%
CURRENT VS TTM AVG
-0.41%
CURRENT VS 3Y AVG
-3.91%
CURRENT VS 5Y AVG
-4.86%
CURRENT VS 10Y AVG
+2.76%
CURRENT VS 15Y AVG
+3.64%
CURRENT VS 20Y AVG
-0.66%
SECTOR MEDIAN · UTILITIES
0.43%
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
+7067.90%
vs the sector median at left
Middlesex Water Company
Market Cap
$994.20M
Debt to Assets Ratio
30.82%
TTM Avg
30.95%
3Y Avg
32.08%
5Y Avg
32.40%
Market Cap
$975.25M
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$695.11M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$612.69M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.48B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$496.49M
Debt to Assets Ratio
0.27%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$489.65M
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$400.01M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Middlesex Water Company (MSEX) | $994.20M | 30.82% | 30.95% | 32.08% | 32.40% |
| XPLR Infrastructure, LP (XIFR)vs › | $975.25M | 0.32% | N/A | N/A | N/A |
| Hallador Energy Company (HNRG)vs › | $695.11M | 0.10% | N/A | N/A | N/A |
| General Fusion Group Ltd. (GFUZ)vs › | $612.69M | 0.01% | N/A | N/A | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | 0.15% | N/A | N/A | N/A |
| The York Water Company (YORW)vs › | $496.49M | 0.27% | N/A | N/A | N/A |
| Consolidated Water Co. Ltd. (CWCO)vs › | $489.65M | 0.01% | N/A | N/A | N/A |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $400.01M | 0.00% | N/A | N/A | N/A |
| Digi Power X Inc. (DGXX)vs › | $356.23M | 0.00% | N/A | N/A | N/A |
| Artesian Resources Corporation (ARTNA)vs › | $346.61M | 0.21% | N/A | N/A | N/A |
Debt/Assets
30.8%
Debt/Equity
0.84
Current Ratio
0.50
Interest Coverage
3.8x
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 | 30.82% |
| 2026-03-31 | 30.88% |
| 2025-12-31 | 30.52% |
| 2025-09-30 | 30.91% |
| 2025-06-30 | 31.62% |
| 2025-03-31 | 30.90% |
| 2024-12-31 | 30.75% |
| 2024-09-30 | 30.91% |
| 2024-06-30 | 34.48% |
| 2024-03-31 | 34.10% |
| 2023-12-31 | 33.36% |
| 2023-09-30 | 32.75% |
| 2023-06-30 | 35.01% |
| 2023-03-31 | 34.50% |
| 2022-12-31 | 34.15% |
| 2022-09-30 | 33.17% |
| 2022-06-30 | 33.21% |
| 2022-03-31 | 32.93% |
| 2021-12-31 | 32.41% |
| 2021-09-30 | 31.84% |
| 2021-06-30 | 31.12% |
| 2021-03-31 | 30.19% |
| 2020-12-31 | 29.45% |
| 2020-09-30 | 29.53% |
| 2020-06-30 | 30.30% |
| 2020-03-31 | 30.05% |
| 2019-12-31 | 28.98% |
| 2019-09-30 | 33.79% |
| 2019-06-30 | 29.27% |
| 2019-03-31 | 28.29% |
| 2018-12-31 | 27.18% |
| 2018-09-30 | 26.16% |
| 2018-06-30 | 25.81% |
| 2018-03-31 | 24.76% |
| 2017-12-31 | 26.30% |
| 2017-09-30 | 25.59% |
| 2017-06-30 | 24.99% |
| 2017-03-31 | 25.00% |
| 2016-12-31 | 24.62% |
| 2016-09-30 | 24.59% |
| 2016-06-30 | 24.54% |
| 2016-03-31 | 23.74% |
| 2015-12-31 | 24.80% |
| 2015-09-30 | 26.36% |
| 2015-06-30 | 27.24% |
| 2015-03-31 | 27.41% |
| 2014-12-31 | 27.95% |
| 2014-09-30 | 30.47% |
| 2014-06-30 | 30.77% |
| 2014-03-31 | 30.50% |
| 2013-12-31 | 30.85% |
| 2013-09-30 | 30.09% |
| 2013-06-30 | 30.18% |
| 2013-03-31 | 29.86% |
| 2012-12-31 | 30.36% |
| 2012-09-30 | 30.15% |
| 2012-06-30 | 30.33% |
| 2012-03-31 | 29.79% |
| 2011-12-31 | 29.95% |
| 2011-09-30 | 31.84% |
| 2011-06-30 | 31.75% |
| 2011-03-31 | 31.68% |
| 2010-12-31 | 31.74% |
| 2010-09-30 | 32.04% |
| 2010-06-30 | 31.83% |
| 2010-03-31 | 37.88% |
| 2009-12-31 | 37.43% |
| 2009-09-30 | 38.12% |
| 2009-06-30 | 38.11% |
| 2009-03-31 | 37.15% |
| 2008-12-31 | 36.84% |
| 2008-09-30 | 37.27% |
| 2008-06-30 | 37.12% |
| 2008-03-31 | 33.82% |
| 2007-12-31 | 34.21% |
| 2007-09-30 | 35.45% |
| 2007-06-30 | 34.90% |
| 2007-03-31 | 35.38% |
| 2006-12-31 | 35.98% |
| 2006-09-30 | 42.34% |
| 2006-06-30 | 42.13% |
| 2006-03-31 | 41.79% |
| 2005-12-31 | 41.34% |
| 2005-09-30 | 42.34% |
| 2005-06-30 | 42.92% |
| 2005-03-31 | 42.35% |
| 2004-12-31 | 42.58% |
| 2004-09-30 | 38.35% |
| 2004-06-30 | 38.32% |
| 2004-03-31 | 42.50% |
| 2003-12-31 | 42.15% |
| 2003-09-30 | 43.53% |
| 2003-06-30 | 42.83% |
| 2003-03-31 | 42.99% |
| 2002-12-31 | 43.24% |
| 2002-09-30 | 43.36% |
