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 9.48% is 40% below its 5-year average of 15.78%, near the low end of its 5-year range (9.48%–17.11%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.87% below its 12-month average of 10.64%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
9.48%
DEBT TO ASSETS RATIO AVG TTM
10.64%
DEBT TO ASSETS RATIO AVG 3Y
14.03%
DEBT TO ASSETS RATIO AVG 5Y
15.78%
DEBT TO ASSETS RATIO AVG 10Y
17.38%
DEBT TO ASSETS RATIO AVG 15Y
19.09%
DEBT TO ASSETS RATIO AVG 20Y
18.90%
CURRENT VS TTM AVG
-10.87%
CURRENT VS 3Y AVG
-32.41%
CURRENT VS 5Y AVG
-39.90%
CURRENT VS 10Y AVG
-45.44%
CURRENT VS 15Y AVG
-50.31%
CURRENT VS 20Y AVG
-49.81%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+3851.18%
vs the sector median at left
Newmont Corporation
Market Cap
$136.61B
Debt to Assets Ratio
9.48%
TTM Avg
10.64%
3Y Avg
14.03%
5Y Avg
15.78%
Market Cap
$112.56B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$176.91B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$88.09B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$79.75B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.98B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$70.78B
Debt to Assets Ratio
0.16%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $136.61B | 9.48% | 10.64% | 14.03% | 15.78% |
| Freeport-McMoRan Inc. (FCX)vs › | $112.56B | 0.17% | N/A | N/A | N/A |
| Rio Tinto Group (RIO)vs › | $171.47B | 0.17% | N/A | N/A | N/A |
| Southern Copper Corporation (SCCO)vs › | $176.91B | 0.35% | N/A | N/A | N/A |
| Johnson Controls International plc (JCI)vs › | $88.09B | 0.24% | N/A | N/A | N/A |
| The Sherwin-Williams Company (SHW)vs › | $79.75B | 0.53% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $78.31B | 0.46% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $74.98B | 0.09% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.78B | 0.16% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $67.24B | 0.45% | N/A | N/A | N/A |
Debt/Assets
9.5%
Debt/Equity
0.15
Current Ratio
2.55
Interest Coverage
34.4x
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 | 9.48% |
| 2026-03-31 | 9.59% |
| 2025-12-31 | 10.00% |
| 2025-09-30 | 10.33% |
| 2025-06-30 | 13.79% |
| 2025-03-31 | 14.38% |
| 2024-12-31 | 15.92% |
| 2024-09-30 | 16.20% |
| 2024-06-30 | 16.57% |
| 2024-03-31 | 17.11% |
| 2023-12-31 | 17.00% |
| 2023-09-30 | 15.98% |
| 2023-06-30 | 16.03% |
| 2023-03-31 | 15.95% |
| 2022-12-31 | 15.93% |
| 2022-09-30 | 15.65% |
| 2022-06-30 | 15.55% |
| 2022-03-31 | 15.56% |
| 2021-12-31 | 15.54% |
| 2021-09-30 | 15.66% |
| 2021-06-30 | 15.39% |
| 2021-03-31 | 16.58% |
| 2020-12-31 | 16.20% |
| 2020-09-30 | 16.74% |
| 2020-06-30 | 17.06% |
| 2020-03-31 | 17.31% |
| 2019-12-31 | 17.28% |
| 2019-09-30 | 18.56% |
| 2019-06-30 | 18.70% |
| 2019-03-31 | 21.17% |
| 2018-12-31 | 20.57% |
| 2018-09-30 | 20.38% |
| 2018-06-30 | 19.95% |
| 2018-03-31 | 19.99% |
| 2017-12-31 | 19.69% |
| 2017-09-30 | 19.44% |
| 2017-06-30 | 21.87% |
| 2017-03-31 | 22.04% |
| 2016-12-31 | 21.94% |
| 2016-09-30 | 21.24% |
| 2016-06-30 | 22.55% |
| 2016-03-31 | 23.23% |
| 2015-12-31 | 23.84% |
| 2015-09-30 | 24.85% |
| 2015-06-30 | 24.59% |
| 2015-03-31 | 25.20% |
| 2014-12-31 | 26.67% |
| 2014-09-30 | 26.96% |
| 2014-06-30 | 27.17% |
| 2014-03-31 | 27.26% |
| 2013-12-31 | 27.22% |
| 2013-09-30 | 24.39% |
| 2013-06-30 | 25.59% |
| 2013-03-31 | 21.69% |
| 2012-12-31 | 21.24% |
| 2012-09-30 | 20.74% |
| 2012-06-30 | 25.81% |
| 2012-03-31 | 25.60% |
| 2011-12-31 | 15.70% |
| 2011-09-30 | 14.54% |
| 2011-06-30 | 15.05% |
| 2011-03-31 | 16.50% |
| 2010-12-31 | 17.31% |
| 2010-09-30 | 23.08% |
| 2010-06-30 | 20.09% |
| 2010-03-31 | 20.20% |
| 2009-12-31 | 21.57% |
| 2009-09-30 | 23.28% |
| 2009-06-30 | 16.74% |
| 2009-03-31 | 17.46% |
| 2008-12-31 | 22.36% |
| 2008-09-30 | 20.94% |
| 2008-06-30 | 19.40% |
| 2008-03-31 | 19.65% |
| 2007-12-31 | 18.84% |
| 2007-09-30 | 20.24% |
| 2007-06-30 | 19.15% |
| 2007-03-31 | 12.45% |
| 2006-12-31 | 12.25% |
| 2006-09-30 | 11.90% |
| 2006-06-30 | 12.91% |
| 2006-03-31 | 13.22% |
| 2005-12-31 | 13.71% |
| 2005-09-30 | 14.38% |
| 2005-06-30 | 15.50% |
| 2005-03-31 | 16.18% |
| 2004-12-31 | 12.54% |
| 2004-09-30 | 13.61% |
| 2004-06-30 | 13.93% |
| 2004-03-31 | 14.89% |
| 2003-12-31 | 9.76% |
| 2003-09-30 | 13.53% |
| 2003-06-30 | 14.32% |
| 2003-03-31 | 16.32% |
| 2002-12-31 | 17.88% |
| 2002-09-30 | 18.88% |
