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 69.30% is 86% above its 5-year average of 37.32%, near the high end of its 5-year range (0.20%–71.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.24% above its 12-month average of 69.13%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 69.30%.
DEBT TO ASSETS RATIO
69.30%
DEBT TO ASSETS RATIO AVG TTM
69.13%
DEBT TO ASSETS RATIO AVG 3Y
65.03%
DEBT TO ASSETS RATIO AVG 5Y
37.32%
DEBT TO ASSETS RATIO AVG 10Y
19.28%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+0.24%
CURRENT VS 3Y AVG
+6.56%
CURRENT VS 5Y AVG
+85.72%
CURRENT VS 10Y AVG
+259.52%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.22%
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
+31399.86%
vs the sector median at left
Nextdecade Corp
Market Cap
$1.82B
Debt to Assets Ratio
69.30%
TTM Avg
69.13%
3Y Avg
65.03%
5Y Avg
37.32%
Market Cap
$2.08B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.47B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.41B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.41B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.51B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.03B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$881.97M
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextdecade Corp (NEXT) | $1.82B | 69.30% | 69.13% | 65.03% | 37.32% |
| Sunrun Inc. (RUN)vs › | $1.85B | 0.65% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.08B | 0.17% | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 0.04% | N/A | N/A | N/A |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | 0.01% | N/A | N/A | N/A |
| Shoals Technologies Group, Inc. (SHLS)vs › | $1.41B | 0.23% | N/A | N/A | N/A |
| National Energy Services Reunited Corp. (NESR)vs › | $2.51B | 0.14% | N/A | N/A | N/A |
| HighPeak Energy, Inc. (HPK)vs › | $1.03B | 0.37% | N/A | N/A | N/A |
| ProFrac Holding Corp. (ACDC)vs › | $881.97M | 0.49% | N/A | N/A | N/A |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $851.76M | 0.18% | N/A | N/A | N/A |
Debt/Assets
69.3%
Debt/Equity
N/A
Current Ratio
0.37
Interest Coverage
-1.3x
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 | 69.30% |
| 2026-03-31 | 71.60% |
| 2025-12-31 | 69.67% |
| 2025-09-30 | 67.50% |
| 2025-06-30 | 67.60% |
| 2025-03-31 | 68.12% |
| 2024-12-31 | 63.51% |
| 2024-09-30 | 67.58% |
| 2024-06-30 | 62.68% |
| 2024-03-31 | 60.88% |
| 2023-12-31 | 59.13% |
| 2023-09-30 | 52.84% |
| 2023-06-30 | 0.27% |
| 2023-03-31 | 0.39% |
| 2022-12-31 | 0.50% |
| 2022-09-30 | 0.35% |
| 2022-06-30 | 0.54% |
| 2022-03-31 | 0.20% |
| 2021-12-31 | 0.27% |
| 2021-09-30 | 0.33% |
| 2021-06-30 | 0.37% |
| 2021-03-31 | 0.12% |
| 2020-12-31 | 0.21% |
| 2020-09-30 | 0.29% |
| 2020-06-30 | 0.40% |
| 2020-03-31 | 0.20% |
| 2019-12-31 | 0.32% |
| 2019-09-30 | 0.90% |
| 2019-06-30 | 1.25% |
| 2019-03-31 | 1.04% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 1.35% |
| 2017-03-31 | 0.56% |
| 2016-12-31 | 0.05% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.04% |
| 2014-09-30 | 47.75% |
| 2014-05-31 | 51.29% |
