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NWNNorthwest Natural Holding Company

Debt to Assets Ratio: 41.79%

Is the debt to assets ratio high or low?

The debt to assets ratio of 41.79% is 11% above its 5-year average of 37.52%, near the high end of its 5-year range (32.89%–44.22%).

As of Monday, June 29, 2026. 2.14% below its 12-month average of 42.70%.

Debt to Assets

NWN Debt to Assets Ratio

41.79%

Reported quarterly debt to assets ratio; no daily interpolation.

+21.90% 5Y
NWN Debt to Assets Ratio

NWN Average Debt to Assets Ratio Chart

NWN Debt to Assets Ratio

NWN Current vs Average Debt to Assets Ratio Chart

NWN Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

41.79%

DEBT TO ASSETS RATIO AVG TTM

42.70%

DEBT TO ASSETS RATIO AVG 3Y

38.97%

DEBT TO ASSETS RATIO AVG 5Y

36.10%

DEBT TO ASSETS RATIO AVG 10Y

33.29%

DEBT TO ASSETS RATIO AVG 15Y

32.05%

DEBT TO ASSETS RATIO AVG 20Y

31.72%

CURRENT VS TTM AVG

-2.14%

CURRENT VS 3Y AVG

+7.24%

CURRENT VS 5Y AVG

+15.75%

CURRENT VS 10Y AVG

+25.56%

CURRENT VS 15Y AVG

+30.38%

CURRENT VS 20Y AVG

+31.76%

NWN Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Northwest Natural Holding Company (NWN)$2.10B41.79%42.70%38.97%36.10%
NuScale Power Corporation (SMR)vs ›$3.06B0.00%N/AN/AN/A
Avista Corporation (AVA)vs ›$3.41B0.39%N/AN/AN/A
Fluence Energy, Inc. (FLNC)vs ›$3.53B0.17%N/AN/AN/A
Black Hills Corporation (BKH)vs ›$5.73B0.43%N/AN/AN/A
UGI Corporation (UGI)vs ›$7.48B0.49%N/AN/AN/A
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.61%N/AN/AN/A
The AES Corporation (AES)vs ›$10.43B0.59%N/AN/AN/A
Brookfield Renewable Partners L.P. (BEP)vs ›$10.58B0.36%N/AN/AN/A
Pinnacle West Capital Corporation (PNW)vs ›$13.07B0.56%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

41.8%

Debt/Equity

1.87

Current Ratio

0.72

Interest Coverage

3.6x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

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

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Northwest Natural Holding Company (NWN)?
The debt to assets ratio for NWN stock is 41.79%.
Is Northwest Natural Holding Company's debt to assets ratio high or low?
The debt to assets ratio of 41.79% is 11% above its 5-year average of 37.52%, near the high end of its 5-year range (32.89%–44.22%).
What is the TTM average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The TTM average debt to assets ratio for NWN stock is 42.70%.
What is the 3Y average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The 3Y average debt to assets ratio for NWN stock is 38.97%.
What is the 5Y average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The 5Y average debt to assets ratio for NWN stock is 36.10%.
What is the 10Y average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The 10Y average debt to assets ratio for NWN stock is 33.29%.
What is the 15Y average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The 15Y average debt to assets ratio for NWN stock is 32.05%.
What is the 20Y average debt to assets ratio for Northwest Natural Holding Company (NWN)?
The 20Y average debt to assets ratio for NWN stock is 31.72%.

NWN Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3141.79%
2025-12-3144.22%
2025-09-3043.02%
2025-06-3042.60%
2025-03-3141.89%
2024-12-3137.41%
2024-09-3036.69%
2024-06-3035.94%
2024-03-3136.08%
2023-12-3135.86%
2023-09-3037.85%
2023-06-3036.50%
2023-03-3136.75%
2022-12-3135.29%
2022-09-3036.24%
2022-06-3032.89%
2022-03-3135.96%
2021-12-3137.28%
2021-09-3035.55%
2021-06-3034.28%
2021-03-3133.89%
2020-12-3135.72%
2020-09-3034.83%
2020-06-3034.83%
2020-03-3139.59%
2019-12-3129.64%
2019-09-3029.84%
2019-06-3028.89%
2019-03-3128.80%
2018-12-3129.42%
2018-09-3029.54%
2018-06-3026.98%
2018-03-3126.68%
2017-12-3127.44%
2017-09-3025.10%
2017-06-3023.49%
2017-03-3123.44%
2016-12-3125.09%
2016-09-3026.69%
2016-06-3025.41%
2016-03-3125.30%
2015-12-3128.33%
2015-09-3028.44%
2015-06-3027.70%
2015-03-3127.42%
2014-12-3129.25%
2014-09-3030.06%
2014-06-3028.56%
2014-03-3127.36%
2013-12-3131.30%
2013-09-3031.47%
2013-06-3029.85%
2013-03-3129.31%
2012-12-3131.29%
2012-09-3030.39%
2012-06-3028.65%
2012-03-3127.70%
2011-12-3129.98%
2011-09-3032.05%
2011-06-3030.81%
2011-03-3130.65%
2010-12-3132.83%
2010-09-3032.10%
2010-06-3031.04%
2010-03-3130.16%
2009-12-3130.79%
2009-09-303.14%
2009-06-3030.74%
2009-03-3128.72%
2008-12-3131.96%
2008-09-3033.09%
2008-06-3029.89%
2008-03-3128.75%
2007-12-3132.77%
2007-09-3032.49%
2007-06-3029.93%
2007-03-3128.32%
2006-12-3133.04%
2006-09-3034.12%
2006-06-3032.35%
2006-03-3131.52%
2005-12-3132.13%
2005-09-3029.00%
2005-06-3031.82%
2005-03-3129.16%
2004-12-3134.73%
2004-09-3033.89%
2004-06-3031.95%
2004-03-3132.99%
2003-12-3136.79%
2003-09-3040.68%
2003-06-3037.90%
2003-03-3137.20%
2002-12-3139.90%
2002-09-3038.19%
2002-06-3036.29%

About Northwest Natural Holding Company

Northwest Natural Holding Company (NWN) operates primarily through its subsidiary, Northwest Natural Gas Company, delivering regulated natural gas to a diverse clientele including residential, commercial, industrial, and transportation customers across Oregon and Southwest Washington. Beyond its core distribution business, the company manages the Mist gas storage facility, which holds 5.7 billion cubic feet and is leased to other utilities and third-party energy marketers. It also provides natural gas asset management solutions and maintains an appliance retail outlet. NWN's strategic investments extend to broader gas storage activities, water services, non-regulated renewable natural gas ventures, and other diversified interests. The company currently supplies natural gas to approximately 786,000 meters within its service territories in Oregon and southwest Washington. Additionally, its water operations cater to about 80,000 individuals through roughly 33,000 water and wastewater connections located in the Pacific Northwest and Texas. Founded in 1859, Northwest Natural Holding Company is headquartered in Portland, Oregon.

Portland, OR
1,452 employees
Utilities / Regulated Gas
Sector
Utilities
Industry
Regulated Gas
CEO
Justin Palfreyman