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 22.85% is 16% below its 5-year average of 27.24%, near the low end of its 5-year range (22.71%–34.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.31% below its 12-month average of 25.19%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
22.85%
DEBT TO ASSETS RATIO AVG TTM
25.19%
DEBT TO ASSETS RATIO AVG 3Y
29.37%
DEBT TO ASSETS RATIO AVG 5Y
27.24%
DEBT TO ASSETS RATIO AVG 10Y
24.81%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-9.31%
CURRENT VS 3Y AVG
-22.19%
CURRENT VS 5Y AVG
-16.10%
CURRENT VS 10Y AVG
-7.90%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
+8060.57%
vs the sector median at left
nVent Electric plc
Market Cap
$26.63B
Debt to Assets Ratio
22.85%
TTM Avg
25.19%
3Y Avg
29.37%
5Y Avg
27.24%
Market Cap
$27.16B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.55B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.22B
Debt to Assets Ratio
0.14%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$28.17B
Debt to Assets Ratio
0.79%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $26.63B | 22.85% | 25.19% | 29.37% | 27.24% |
| Hubbell Incorporated (HUBB)vs › | $27.16B | 0.45% | N/A | N/A | N/A |
| Copart, Inc. (CPRT)vs › | $27.46B | 0.01% | N/A | N/A | N/A |
| Symbotic Inc. (SYM)vs › | $25.78B | N/A | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 0.22% | N/A | N/A | N/A |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 0.14% | N/A | N/A | N/A |
| Xylem Inc. (XYL)vs › | $28.09B | 0.17% | N/A | N/A | N/A |
| Otis Worldwide Corporation (OTIS)vs › | $28.17B | 0.79% | N/A | N/A | N/A |
| Dover Corporation (DOV)vs › | $28.43B | 0.24% | N/A | N/A | N/A |
| Veralto Corporation (VLTO)vs › | $23.97B | 0.39% | N/A | N/A | N/A |
Debt/Assets
22.8%
Debt/Equity
0.41
Current Ratio
1.80
Interest Coverage
8.2x
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 | 22.85% |
| 2026-03-31 | 24.38% |
| 2025-12-31 | 25.00% |
| 2025-09-30 | 25.58% |
| 2025-06-30 | 28.16% |
| 2025-03-31 | 27.88% |
| 2024-12-31 | 33.68% |
| 2024-09-30 | 34.27% |
| 2024-06-30 | 30.54% |
| 2024-03-31 | 30.81% |
| 2023-12-31 | 30.59% |
| 2023-09-30 | 33.07% |
| 2023-06-30 | 34.96% |
| 2023-03-31 | 23.75% |
| 2022-12-31 | 23.76% |
| 2022-09-30 | 23.91% |
| 2022-06-30 | 23.67% |
| 2022-03-31 | 24.02% |
| 2021-12-31 | 23.17% |
| 2021-09-30 | 22.71% |
| 2021-06-30 | 25.19% |
| 2021-03-31 | 22.66% |
| 2020-12-31 | 22.86% |
| 2020-09-30 | 25.03% |
| 2020-06-30 | 26.72% |
| 2020-03-31 | 26.62% |
| 2019-12-31 | 23.99% |
| 2019-09-30 | 25.91% |
| 2019-06-30 | 24.67% |
| 2019-03-31 | 22.02% |
| 2018-12-31 | 20.68% |
| 2018-09-30 | 20.60% |
| 2018-06-30 | 21.72% |
| 2018-03-31 | 8.46% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2016-12-31 | 0.00% |
