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 3.61% is 83% below its 5-year average of 20.88%, near the low end of its 5-year range (3.61%–49.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 52.93% below its 12-month average of 7.67%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
3.61%
DEBT TO ASSETS RATIO AVG TTM
7.67%
DEBT TO ASSETS RATIO AVG 3Y
16.92%
DEBT TO ASSETS RATIO AVG 5Y
20.88%
DEBT TO ASSETS RATIO AVG 10Y
40.46%
DEBT TO ASSETS RATIO AVG 15Y
48.12%
DEBT TO ASSETS RATIO AVG 20Y
47.35%
CURRENT VS TTM AVG
-52.93%
CURRENT VS 3Y AVG
-78.66%
CURRENT VS 5Y AVG
-82.71%
CURRENT VS 10Y AVG
-91.08%
CURRENT VS 15Y AVG
-92.50%
CURRENT VS 20Y AVG
-92.37%
SECTOR MEDIAN · ENERGY
0.19%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+1800.55%
vs the sector median at left
Natural Resource Partners L.P.
Market Cap
$1.39B
Debt to Assets Ratio
3.61%
TTM Avg
7.67%
3Y Avg
16.92%
5Y Avg
20.88%
Market Cap
$1.34B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.97B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$776.82M
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.42B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.73B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Natural Resource Partners L.P. (NRP) | $1.39B | 3.61% | 7.67% | 16.92% | 20.88% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.34B | 0.01% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.97B | 0.17% | N/A | N/A | N/A |
| Array Technologies, Inc. (ARRY)vs › | $776.82M | 0.49% | N/A | N/A | N/A |
| Star Group, L.P. (SGU)vs › | $415.02M | 0.27% | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $235.01M | 0.25% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $3.60B | 0.47% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $4.42B | 0.30% | N/A | N/A | N/A |
| California Resources Corp (CRC)vs › | $4.73B | 0.19% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $5.35B | 0.21% | N/A | N/A | N/A |
Debt/Assets
3.6%
Debt/Equity
0.04
Current Ratio
2.12
Interest Coverage
17.5x
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 | 3.61% |
| 2026-03-31 | 7.82% |
| 2025-12-31 | 4.42% |
| 2025-09-30 | 9.21% |
| 2025-06-30 | 13.30% |
| 2025-03-31 | 18.41% |
| 2024-12-31 | 18.38% |
| 2024-09-30 | 25.43% |
| 2024-06-30 | 27.07% |
| 2024-03-31 | 24.71% |
| 2023-12-31 | 19.97% |
| 2023-09-30 | 25.46% |
| 2023-06-30 | 22.24% |
| 2023-03-31 | 20.69% |
| 2022-12-31 | 19.58% |
| 2022-09-30 | 27.16% |
| 2022-06-30 | 33.78% |
| 2022-03-31 | 43.36% |
| 2021-12-31 | 45.45% |
| 2021-09-30 | 48.20% |
| 2021-06-30 | 49.79% |
| 2021-03-31 | 50.06% |
| 2020-12-31 | 51.15% |
| 2020-09-30 | 52.51% |
| 2020-06-30 | 53.14% |
| 2020-03-31 | 61.65% |
| 2019-12-31 | 47.86% |
| 2019-09-30 | 43.10% |
| 2019-06-30 | 44.62% |
| 2019-03-31 | 46.20% |
| 2018-12-31 | 50.14% |
| 2018-09-30 | 56.07% |
| 2018-06-30 | 56.55% |
| 2018-03-31 | 58.42% |
| 2017-12-31 | 58.26% |
| 2017-09-30 | 62.63% |
| 2017-06-30 | 61.17% |
| 2017-03-31 | 64.33% |
| 2016-12-31 | 77.96% |
| 2016-09-30 | 78.91% |
| 2016-06-30 | 76.25% |
| 2016-03-31 | 81.32% |
| 2015-12-31 | 82.24% |
| 2015-09-30 | 80.65% |
| 2015-06-30 | 60.04% |
| 2015-03-31 | 60.96% |
| 2014-12-31 | 60.34% |
| 2014-09-30 | 83.51% |
| 2014-06-30 | 84.37% |
| 2014-03-31 | 84.59% |
| 2013-12-31 | 58.50% |
| 2013-09-30 | 58.70% |
| 2013-06-30 | 58.09% |
| 2013-03-31 | 57.81% |
| 2012-12-31 | 55.78% |
| 2012-09-30 | 54.81% |
| 2012-06-30 | 54.12% |
| 2012-03-31 | 53.76% |
| 2011-12-31 | 52.06% |
| 2011-09-30 | 48.74% |
| 2011-06-30 | 46.01% |
| 2011-03-31 | 44.37% |
| 2010-12-31 | 41.62% |
| 2010-09-30 | 39.77% |
| 2010-06-30 | 39.91% |
| 2010-03-31 | 44.64% |
| 2009-12-31 | 43.24% |
| 2009-09-30 | 43.23% |
| 2009-06-30 | 42.34% |
| 2009-03-31 | 44.40% |
| 2008-12-31 | 38.12% |
| 2008-09-30 | 38.24% |
| 2008-06-30 | 38.57% |
| 2008-03-31 | 39.25% |
| 2007-12-31 | 38.88% |
| 2007-09-30 | 37.79% |
| 2007-06-30 | 37.24% |
| 2007-03-31 | 36.85% |
| 2006-12-31 | 49.37% |
| 2006-09-30 | 39.67% |
| 2006-06-30 | 35.50% |
| 2006-03-31 | 36.49% |
| 2005-12-31 | 33.77% |
| 2005-09-30 | 32.11% |
| 2005-06-30 | 28.19% |
| 2005-03-31 | 29.49% |
| 2004-12-31 | 27.61% |
| 2004-09-30 | 27.57% |
| 2004-06-30 | 27.89% |
| 2004-03-31 | 28.82% |
| 2003-12-31 | 37.99% |
| 2003-09-30 | 35.56% |
| 2003-06-30 | 35.65% |
| 2003-03-31 | 17.18% |
| 2002-12-31 | 14.64% |
| 2002-09-30 | 74.48% |
