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 84.95% is 22% above its 5-year average of 69.86%, near the high end of its 5-year range (57.11%–84.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.75% above its 12-month average of 81.09%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 84.95%.
DEBT TO ASSETS RATIO
84.95%
DEBT TO ASSETS RATIO AVG TTM
81.09%
DEBT TO ASSETS RATIO AVG 3Y
74.72%
DEBT TO ASSETS RATIO AVG 5Y
69.86%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+4.75%
CURRENT VS 3Y AVG
+13.68%
CURRENT VS 5Y AVG
+21.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.23%
median of 114 covered companies
CURRENT VS SECTOR MEDIAN
+37653.63%
vs the sector median at left
New Fortress Energy Inc.
Market Cap
$31.48M
Debt to Assets Ratio
84.95%
TTM Avg
81.09%
3Y Avg
74.72%
5Y Avg
69.86%
Market Cap
$27.83M
Debt to Assets Ratio
0.92%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$38.61M
Debt to Assets Ratio
0.48%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.18M
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.22M
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Fortress Energy Inc. (NFE) | $31.48M | 84.95% | 81.09% | 74.72% | 69.86% |
| FTC Solar, Inc. (FTCI)vs › | $31.53M | 0.25% | N/A | N/A | N/A |
| KLX Energy Services Holdings, Inc. (KLXE)vs › | $27.83M | 0.92% | N/A | N/A | N/A |
| Beam Global (BEEM)vs › | $24.64M | 0.05% | N/A | N/A | N/A |
| Prairie Operating Co. (PROP)vs › | $38.61M | 0.48% | N/A | N/A | N/A |
| Ascent Solar Technologies, Inc. Common Stock (ASTI)vs › | $23.18M | 0.06% | N/A | N/A | N/A |
| Solarmax Technology Inc. Common Stock (SMXT)vs › | $16.22M | 0.34% | N/A | N/A | N/A |
| Sky Quarry Inc. (SKYQ)vs › | $12.23M | 0.37% | N/A | N/A | N/A |
| SunPower Inc. (SPWR)vs › | $50.89M | 0.53% | N/A | N/A | N/A |
| STAK Inc. Ordinary Shares (STAK)vs › | $11.31M | 0.27% | N/A | N/A | N/A |
Debt/Assets
84.9%
Debt/Equity
N/A
Current Ratio
0.16
Interest Coverage
-0.2x
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 | 84.95% |
| 2026-03-31 | 82.49% |
| 2025-12-31 | 81.19% |
| 2025-09-30 | 78.17% |
| 2025-06-30 | 78.67% |
| 2025-03-31 | 73.92% |
| 2024-12-31 | 73.82% |
| 2024-09-30 | 72.05% |
| 2024-06-30 | 72.50% |
| 2024-03-31 | 71.02% |
| 2023-12-31 | 70.22% |
| 2023-09-30 | 67.66% |
| 2023-06-30 | 64.74% |
| 2023-03-31 | 69.13% |
| 2022-12-31 | 63.50% |
| 2022-09-30 | 64.83% |
| 2022-06-30 | 62.55% |
| 2022-03-31 | 58.84% |
| 2021-12-31 | 60.15% |
| 2021-09-30 | 59.61% |
| 2021-06-30 | 57.11% |
| 2021-03-31 | 73.63% |
| 2020-12-31 | 71.24% |
| 2020-09-30 | 78.61% |
| 2020-06-30 | 72.76% |
| 2020-03-31 | 69.83% |
| 2019-12-31 | 55.09% |
| 2019-09-30 | 52.79% |
| 2019-06-30 | 46.41% |
| 2019-03-31 | 43.73% |
| 2018-12-31 | 38.92% |
| 2018-09-30 | 25.14% |
| 2017-12-31 | 19.74% |
