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 41.94% is 11% above its 5-year average of 37.91%, near the high end of its 5-year range (32.89%–44.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.81% below its 12-month average of 42.71%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
41.94%
DEBT TO ASSETS RATIO AVG TTM
42.71%
DEBT TO ASSETS RATIO AVG 3Y
39.37%
DEBT TO ASSETS RATIO AVG 5Y
37.91%
DEBT TO ASSETS RATIO AVG 10Y
33.69%
DEBT TO ASSETS RATIO AVG 15Y
32.24%
DEBT TO ASSETS RATIO AVG 20Y
32.00%
CURRENT VS TTM AVG
-1.81%
CURRENT VS 3Y AVG
+6.54%
CURRENT VS 5Y AVG
+10.65%
CURRENT VS 10Y AVG
+24.49%
CURRENT VS 15Y AVG
+30.10%
CURRENT VS 20Y AVG
+31.06%
SECTOR MEDIAN · UTILITIES
0.43%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+9542.07%
vs the sector median at left
Northwest Natural Holding Company
Market Cap
$2.14B
Debt to Assets Ratio
41.94%
TTM Avg
42.71%
3Y Avg
39.37%
5Y Avg
37.91%
Market Cap
$2.90B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.09B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.13B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.63B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwest Natural Holding Company (NWN) | $2.14B | 41.94% | 42.71% | 39.37% | 37.91% |
| Fluence Energy, Inc. (FLNC)vs › | $2.42B | 0.15% | N/A | N/A | N/A |
| NuScale Power Corporation (SMR)vs › | $2.90B | 0.00% | N/A | N/A | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $1.09B | 0.32% | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $3.24B | 0.39% | N/A | N/A | N/A |
| Deep Fission, Inc. (FISN)vs › | $505.24M | 0.00% | N/A | N/A | N/A |
| Fermi Inc. Common Stock (FRMI)vs › | $4.13B | N/A | N/A | N/A | N/A |
| Black Hills Corporation (BKH)vs › | $5.63B | 0.41% | N/A | N/A | N/A |
| UGI Corporation (UGI)vs › | $7.62B | 0.43% | N/A | N/A | N/A |
| Oklo Inc. (OKLO)vs › | $8.10B | 0.00% | N/A | N/A | N/A |
Debt/Assets
41.9%
Debt/Equity
1.73
Current Ratio
0.77
Interest Coverage
3.6x
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 | 41.94% |
| 2026-03-31 | 41.79% |
| 2025-12-31 | 44.22% |
| 2025-09-30 | 43.02% |
| 2025-06-30 | 42.60% |
| 2025-03-31 | 41.89% |
| 2024-12-31 | 37.41% |
| 2024-09-30 | 36.69% |
| 2024-06-30 | 35.94% |
| 2024-03-31 | 36.08% |
| 2023-12-31 | 35.86% |
| 2023-09-30 | 37.85% |
| 2023-06-30 | 36.50% |
| 2023-03-31 | 36.75% |
| 2022-12-31 | 35.29% |
| 2022-09-30 | 36.24% |
| 2022-06-30 | 32.89% |
| 2022-03-31 | 35.96% |
| 2021-12-31 | 37.28% |
| 2021-09-30 | 35.55% |
| 2021-06-30 | 34.28% |
| 2021-03-31 | 33.89% |
| 2020-12-31 | 35.72% |
| 2020-09-30 | 34.83% |
| 2020-06-30 | 34.83% |
| 2020-03-31 | 39.59% |
| 2019-12-31 | 29.64% |
| 2019-09-30 | 29.84% |
| 2019-06-30 | 28.89% |
| 2019-03-31 | 28.80% |
| 2018-12-31 | 29.42% |
| 2018-09-30 | 29.54% |
| 2018-06-30 | 26.98% |
| 2018-03-31 | 26.68% |
| 2017-12-31 | 27.44% |
| 2017-09-30 | 25.10% |
| 2017-06-30 | 23.49% |
| 2017-03-31 | 23.44% |
| 2016-12-31 | 25.09% |
| 2016-09-30 | 26.69% |
| 2016-06-30 | 25.41% |
| 2016-03-31 | 25.30% |
| 2015-12-31 | 28.33% |
| 2015-09-30 | 28.44% |
| 2015-06-30 | 27.70% |
| 2015-03-31 | 27.42% |
| 2014-12-31 | 29.25% |
| 2014-09-30 | 30.06% |
| 2014-06-30 | 28.56% |
| 2014-03-31 | 27.36% |
| 2013-12-31 | 31.30% |
| 2013-09-30 | 31.47% |
| 2013-06-30 | 29.85% |
| 2013-03-31 | 29.31% |
| 2012-12-31 | 31.29% |
| 2012-09-30 | 30.39% |
| 2012-06-30 | 28.65% |
| 2012-03-31 | 27.70% |
| 2011-12-31 | 29.98% |
| 2011-09-30 | 32.05% |
| 2011-06-30 | 30.81% |
| 2011-03-31 | 30.65% |
| 2010-12-31 | 32.83% |
| 2010-09-30 | 32.10% |
| 2010-06-30 | 31.04% |
| 2010-03-31 | 30.16% |
| 2009-12-31 | 30.79% |
| 2009-09-30 | 3.14% |
| 2009-06-30 | 30.74% |
| 2009-03-31 | 28.72% |
| 2008-12-31 | 31.96% |
| 2008-09-30 | 33.09% |
| 2008-06-30 | 29.89% |
| 2008-03-31 | 28.75% |
| 2007-12-31 | 32.77% |
| 2007-09-30 | 32.49% |
| 2007-06-30 | 29.93% |
| 2007-03-31 | 28.32% |
| 2006-12-31 | 33.04% |
| 2006-09-30 | 34.12% |
| 2006-06-30 | 32.35% |
| 2006-03-31 | 31.52% |
| 2005-12-31 | 32.13% |
| 2005-09-30 | 29.00% |
| 2005-06-30 | 31.82% |
| 2005-03-31 | 29.16% |
| 2004-12-31 | 34.73% |
| 2004-09-30 | 33.89% |
| 2004-06-30 | 31.95% |
| 2004-03-31 | 32.99% |
| 2003-12-31 | 36.79% |
| 2003-09-30 | 40.68% |
| 2003-06-30 | 37.90% |
| 2003-03-31 | 37.20% |
| 2002-12-31 | 39.90% |
| 2002-09-30 | 38.19% |