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 27.61% is in line with its 5-year average of 30.13%, near the low end of its 5-year range (27.61%–32.92%).
As of the fiscal period ended Sunday, July 5, 2026. 3.05% below its 12-month average of 28.48%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
27.61%
DEBT TO ASSETS RATIO AVG TTM
28.48%
DEBT TO ASSETS RATIO AVG 3Y
29.43%
DEBT TO ASSETS RATIO AVG 5Y
30.13%
DEBT TO ASSETS RATIO AVG 10Y
31.19%
DEBT TO ASSETS RATIO AVG 15Y
31.96%
DEBT TO ASSETS RATIO AVG 20Y
24.58%
CURRENT VS TTM AVG
-3.05%
CURRENT VS 3Y AVG
-6.19%
CURRENT VS 5Y AVG
-8.38%
CURRENT VS 10Y AVG
-11.48%
CURRENT VS 15Y AVG
-13.63%
CURRENT VS 20Y AVG
+12.30%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 47 covered companies
CURRENT VS SECTOR MEDIAN
+11402.68%
vs the sector median at left
Minerals Technologies Inc.
Market Cap
$2.24B
Debt to Assets Ratio
27.61%
TTM Avg
28.48%
3Y Avg
29.43%
5Y Avg
30.13%
Market Cap
$3.44B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$845.90M
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.29B
Debt to Assets Ratio
0.46%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Minerals Technologies Inc. (MTX) | $2.24B | 27.61% | 28.48% | 29.43% | 30.13% |
| WD-40 Company (WDFC)vs › | $2.91B | 0.23% | N/A | N/A | N/A |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.44B | 0.00% | N/A | N/A | N/A |
| Lightwave Logic, Inc. (LWLG)vs › | $845.90M | 0.02% | N/A | N/A | N/A |
| Griffon Corporation (GFF)vs › | $4.54B | 0.73% | N/A | N/A | N/A |
| Arcosa, Inc. (ACA)vs › | $7.13B | 0.27% | N/A | N/A | N/A |
| Builders FirstSource, Inc. (BLDR)vs › | $7.29B | 0.46% | N/A | N/A | N/A |
| The Mosaic Company (MOS)vs › | $7.50B | 0.24% | N/A | N/A | N/A |
| MP Materials Corp. (MP)vs › | $9.99B | 0.25% | N/A | N/A | N/A |
| Solstice Advanced Materials Inc. (SOLS)vs › | $10.09B | 0.41% | N/A | N/A | N/A |
Debt/Assets
27.6%
Debt/Equity
0.62
Current Ratio
1.43
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 |
|---|---|
| 2026-07-05 | 27.61% |
| 2026-04-05 | 27.88% |
| 2025-12-31 | 30.15% |
| 2025-09-28 | 28.27% |
| 2025-06-29 | 28.46% |
| 2025-03-30 | 29.00% |
| 2024-12-31 | 30.18% |
| 2024-09-29 | 28.96% |
| 2024-06-30 | 29.63% |
| 2024-03-31 | 29.99% |
| 2023-12-31 | 31.85% |
| 2023-10-01 | 31.14% |
| 2023-07-02 | 30.60% |
| 2023-04-02 | 30.65% |
| 2022-12-31 | 32.92% |
| 2022-10-02 | 31.41% |
| 2022-07-03 | 30.86% |
| 2022-04-03 | 30.58% |
| 2021-12-31 | 31.89% |
| 2021-10-03 | 30.63% |
| 2021-07-04 | 28.76% |
| 2021-04-04 | 29.08% |
| 2020-12-31 | 31.01% |
| 2020-09-27 | 31.52% |
| 2020-06-28 | 29.35% |
| 2020-03-29 | 30.22% |
| 2019-12-31 | 31.57% |
| 2019-09-29 | 32.14% |
| 2019-06-30 | 32.98% |
| 2019-03-31 | 33.48% |
| 2018-12-31 | 32.92% |
| 2018-09-30 | 33.97% |
| 2018-07-01 | 34.76% |
| 2018-04-01 | 32.31% |
| 2017-12-31 | 32.65% |
| 2017-10-01 | 33.62% |
| 2017-07-02 | 35.38% |
| 2017-04-02 | 36.71% |
| 2016-12-31 | 37.82% |
| 2016-10-02 | 38.39% |
| 2016-07-03 | 39.97% |
| 2016-04-03 | 41.15% |
| 2015-12-31 | 42.45% |
| 2015-09-27 | 42.37% |
| 2015-06-28 | 43.18% |
| 2015-03-29 | 45.10% |
| 2014-12-31 | 45.29% |
| 2014-09-28 | 46.46% |
| 2014-06-29 | 47.20% |
| 2014-03-30 | 7.11% |
| 2013-12-31 | 7.29% |
| 2013-09-29 | 7.39% |
| 2013-06-30 | 7.48% |
| 2013-03-31 | 7.65% |
| 2012-12-31 | 7.64% |
| 2012-09-30 | 7.51% |
| 2012-07-01 | 8.28% |
| 2012-04-01 | 8.38% |
| 2011-12-31 | 8.57% |
| 2011-10-02 | 8.71% |
| 2011-07-03 | 8.40% |
| 2011-04-03 | 8.62% |
| 2010-12-31 | 8.71% |
| 2010-10-03 | 8.63% |
| 2010-07-04 | 9.37% |
| 2010-04-04 | 9.52% |
| 2009-12-31 | 9.71% |
| 2009-09-27 | 10.26% |
| 2009-06-28 | 10.91% |
| 2009-03-29 | 10.79% |
| 2008-12-31 | 10.88% |
| 2008-09-28 | 10.05% |
| 2008-06-29 | 10.22% |
| 2008-03-30 | 11.68% |
| 2007-12-31 | 11.31% |
| 2007-09-30 | 13.28% |
| 2007-07-01 | 14.08% |
| 2007-04-01 | 16.38% |
| 2006-12-31 | 17.02% |
| 2006-10-01 | 16.36% |
| 2006-07-02 | 13.04% |
| 2006-04-02 | 11.80% |
| 2005-12-31 | 13.56% |
| 2005-10-02 | 13.36% |
| 2005-07-03 | 13.38% |
| 2005-04-03 | 11.60% |
| 2004-12-31 | 11.15% |
| 2004-09-26 | 11.76% |
| 2004-06-27 | 12.22% |
| 2004-03-28 | 12.72% |
| 2003-12-31 | 12.72% |
| 2003-09-28 | 13.22% |
| 2003-06-29 | 13.59% |
| 2003-03-30 | 13.03% |
| 2002-12-31 | 13.37% |
| 2002-09-29 | 14.93% |
