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 23.77% is in line with its 5-year average of 25.06%, around the middle of its 5-year range (21.19%–28.69%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.70% below its 12-month average of 25.47%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 23.77%.
DEBT TO ASSETS RATIO
23.77%
DEBT TO ASSETS RATIO AVG TTM
25.47%
DEBT TO ASSETS RATIO AVG 3Y
25.90%
DEBT TO ASSETS RATIO AVG 5Y
25.06%
DEBT TO ASSETS RATIO AVG 10Y
25.42%
DEBT TO ASSETS RATIO AVG 15Y
25.02%
DEBT TO ASSETS RATIO AVG 20Y
25.83%
CURRENT VS TTM AVG
-6.70%
CURRENT VS 3Y AVG
-8.24%
CURRENT VS 5Y AVG
-5.15%
CURRENT VS 10Y AVG
-6.52%
CURRENT VS 15Y AVG
-5.00%
CURRENT VS 20Y AVG
-8.00%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+9802.59%
vs the sector median at left
Nutrien Ltd.
Market Cap
$37.36B
Debt to Assets Ratio
23.77%
TTM Avg
25.47%
3Y Avg
25.90%
5Y Avg
25.06%
Market Cap
$34.25B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.75B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$30.89B
Debt to Assets Ratio
0.20%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.99B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.50B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nutrien Ltd. (NTR) | $37.36B | 23.77% | 25.47% | 25.90% | 25.06% |
| Steel Dynamics, Inc. (STLD)vs › | $34.25B | 0.24% | N/A | N/A | N/A |
| Vulcan Materials Company (VMC)vs › | $31.75B | 0.30% | N/A | N/A | N/A |
| Teck Resources Limited (TECK)vs › | $30.89B | 0.20% | N/A | N/A | N/A |
| Martin Marietta Materials, Inc. (MLM)vs › | $29.99B | 0.28% | N/A | N/A | N/A |
| AngloGold Ashanti plc (AU)vs › | $50.17B | 0.12% | N/A | N/A | N/A |
| PPG Industries, Inc. (PPG)vs › | $23.24B | 0.33% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $21.68B | 0.34% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.50B | 0.25% | N/A | N/A | N/A |
| LyondellBasell Industries N.V. (LYB)vs › | $20.87B | 0.41% | N/A | N/A | N/A |
Debt/Assets
23.8%
Debt/Equity
0.49
Current Ratio
1.39
Interest Coverage
5.3x
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 | 23.77% |
| 2026-03-31 | 25.86% |
| 2025-12-31 | 24.77% |
| 2025-09-30 | 27.36% |
| 2025-06-30 | 25.61% |
| 2025-03-31 | 27.71% |
| 2024-12-31 | 24.70% |
| 2024-09-30 | 28.43% |
| 2024-06-30 | 25.23% |
| 2024-03-31 | 25.48% |
| 2023-12-31 | 23.82% |
| 2023-09-30 | 28.69% |
| 2023-06-30 | 25.27% |
| 2023-03-31 | 26.95% |
| 2022-12-31 | 21.85% |
| 2022-09-30 | 25.41% |
| 2022-06-30 | 21.19% |
| 2022-03-31 | 23.14% |
| 2021-12-31 | 21.71% |
| 2021-09-30 | 26.02% |
| 2021-06-30 | 23.19% |
| 2021-03-31 | 23.89% |
| 2020-12-31 | 24.07% |
| 2020-09-30 | 28.19% |
| 2020-06-30 | 25.83% |
| 2020-03-31 | 30.30% |
| 2019-12-31 | 23.73% |
| 2019-09-30 | 27.20% |
| 2019-06-30 | 25.48% |
| 2019-03-31 | 23.27% |
| 2018-12-31 | 20.27% |
| 2018-09-30 | 29.55% |
| 2018-06-30 | 25.63% |
| 2018-03-31 | 23.25% |
| 2017-12-31 | 26.13% |
| 2017-09-30 | 25.90% |
| 2017-06-30 | 26.17% |
| 2017-03-31 | 26.64% |
| 2016-12-31 | 26.58% |
| 2016-09-30 | 27.38% |
| 2016-06-30 | 26.75% |
| 2016-03-31 | 26.07% |
| 2015-12-31 | 24.20% |
| 2015-09-30 | 23.61% |
| 2015-06-30 | 23.29% |
| 2015-03-31 | 23.66% |
| 2014-12-31 | 23.96% |
| 2014-09-30 | 24.15% |
| 2014-06-30 | 23.68% |
| 2014-03-31 | 23.39% |
| 2013-12-31 | 21.92% |
| 2013-09-30 | 20.04% |
| 2013-06-30 | 19.21% |
| 2013-03-31 | 21.69% |
| 2012-12-31 | 22.42% |
| 2012-09-30 | 22.83% |
| 2012-06-30 | 24.69% |
| 2012-03-31 | 28.28% |
| 2011-12-31 | 27.91% |
| 2011-09-30 | 28.98% |
| 2011-06-30 | 29.73% |
| 2011-03-31 | 33.83% |
| 2010-12-31 | 35.71% |
| 2010-09-30 | 25.56% |
| 2010-06-30 | 29.06% |
| 2010-03-31 | 30.66% |
| 2009-12-31 | 31.33% |
| 2009-09-30 | 33.72% |
| 2009-06-30 | 34.64% |
| 2009-03-31 | 32.83% |
| 2008-12-31 | 29.89% |
| 2008-09-30 | 26.86% |
| 2008-06-30 | 18.96% |
| 2008-03-31 | 14.11% |
| 2007-12-31 | 14.72% |
| 2007-09-30 | 16.58% |
| 2007-06-30 | 17.79% |
| 2007-03-31 | 23.78% |
| 2006-12-31 | 30.81% |
| 2006-09-30 | 30.98% |
| 2006-06-30 | 32.25% |
| 2006-03-31 | 33.32% |
| 2005-12-31 | 28.20% |
| 2005-09-30 | 25.34% |
| 2005-06-30 | 26.15% |
| 2005-03-31 | 26.15% |
| 2004-12-31 | 26.57% |
| 2004-09-30 | 28.04% |
| 2004-06-30 | 29.15% |
| 2004-03-31 | 29.25% |
| 2003-12-31 | 31.66% |
| 2003-09-30 | 31.85% |
| 2003-06-30 | 31.66% |
| 2003-03-31 | 32.13% |
| 2002-12-31 | 31.93% |
| 2002-09-30 | 32.44% |
