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 18.20% is 39% below its 5-year average of 29.69%, near the low end of its 5-year range (18.20%–46.18%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.00% below its 12-month average of 24.27%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
18.20%
DEBT TO ASSETS RATIO AVG TTM
24.27%
DEBT TO ASSETS RATIO AVG 3Y
28.42%
DEBT TO ASSETS RATIO AVG 5Y
29.69%
DEBT TO ASSETS RATIO AVG 10Y
30.33%
DEBT TO ASSETS RATIO AVG 15Y
24.35%
DEBT TO ASSETS RATIO AVG 20Y
19.97%
CURRENT VS TTM AVG
-25.00%
CURRENT VS 3Y AVG
-35.95%
CURRENT VS 5Y AVG
-38.69%
CURRENT VS 10Y AVG
-39.98%
CURRENT VS 15Y AVG
-25.26%
CURRENT VS 20Y AVG
-8.87%
SECTOR MEDIAN · ENERGY
0.22%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+8173.20%
vs the sector median at left
Occidental Petroleum Corporation
Market Cap
$60.50B
Debt to Assets Ratio
18.20%
TTM Avg
24.27%
3Y Avg
28.42%
5Y Avg
29.69%
Market Cap
$63.20B
Debt to Assets Ratio
0.71%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$56.34B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.04B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$53.45B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Occidental Petroleum Corporation (OXY) | $60.50B | 18.20% | 24.27% | 28.42% | 29.69% |
| MPLX Lp (MPLX)vs › | $60.98B | 0.60% | N/A | N/A | N/A |
| ONEOK, Inc. (OKE)vs › | $61.26B | 0.48% | N/A | N/A | N/A |
| Targa Resources Corp. (TRGP)vs › | $63.20B | 0.71% | N/A | N/A | N/A |
| Baker Hughes Company (BKR)vs › | $63.73B | 0.31% | N/A | N/A | N/A |
| Diamondback Energy, Inc. (FANG)vs › | $56.34B | 0.18% | N/A | N/A | N/A |
| TC Energy Corporation (TRP)vs › | $66.04B | 0.51% | N/A | N/A | N/A |
| Devon Energy Corporation (DVN)vs › | $53.45B | 0.17% | N/A | N/A | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $71.00B | 0.44% | N/A | N/A | N/A |
| Energy Transfer LP (ET)vs › | $74.02B | 0.47% | N/A | N/A | N/A |
Debt/Assets
18.2%
Debt/Equity
0.35
Current Ratio
1.41
Interest Coverage
4.1x
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 | 18.20% |
| 2026-03-31 | 19.48% |
| 2025-12-31 | 27.60% |
| 2025-09-30 | 27.41% |
| 2025-06-30 | 28.66% |
| 2025-03-31 | 30.58% |
| 2024-12-31 | 31.72% |
| 2024-09-30 | 32.22% |
| 2024-06-30 | 27.31% |
| 2024-03-31 | 28.05% |
| 2023-12-31 | 28.26% |
| 2023-09-30 | 28.83% |
| 2023-06-30 | 29.06% |
| 2023-03-31 | 28.86% |
| 2022-12-31 | 28.60% |
| 2022-09-30 | 30.34% |
| 2022-06-30 | 30.95% |
| 2022-03-31 | 36.52% |
| 2021-12-31 | 40.50% |
| 2021-09-30 | 42.97% |
| 2021-06-30 | 46.18% |
| 2021-03-31 | 46.65% |
| 2020-12-31 | 46.59% |
| 2020-09-30 | 47.02% |
| 2020-06-30 | 44.33% |
| 2020-03-31 | 39.10% |
| 2019-12-31 | 37.33% |
| 2019-09-30 | 39.18% |
| 2019-06-30 | 26.06% |
| 2019-03-31 | 24.84% |
| 2018-12-31 | 23.53% |
| 2018-09-30 | 22.94% |
| 2018-06-30 | 23.40% |
| 2018-03-31 | 24.08% |
| 2017-12-31 | 23.39% |
| 2017-09-30 | 23.71% |
| 2017-06-30 | 23.40% |
| 2017-03-31 | 23.13% |
| 2016-12-31 | 22.78% |
| 2016-09-30 | 20.02% |
| 2016-06-30 | 19.65% |
| 2016-03-31 | 18.11% |
| 2015-12-31 | 19.13% |
| 2015-09-30 | 16.63% |
| 2015-06-30 | 15.32% |
| 2015-03-31 | 12.81% |
| 2014-12-31 | 12.15% |
| 2014-09-30 | 11.80% |
| 2014-06-30 | 9.72% |
| 2014-03-31 | 9.93% |
| 2013-12-31 | 9.99% |
| 2013-09-30 | 10.89% |
| 2013-06-30 | 11.31% |
| 2013-03-31 | 11.58% |
| 2012-12-31 | 11.87% |
| 2012-09-30 | 11.61% |
| 2012-06-30 | 11.85% |
| 2012-03-31 | 9.53% |
| 2011-12-31 | 9.78% |
| 2011-09-30 | 10.25% |
| 2011-06-30 | 7.78% |
| 2011-03-31 | 8.78% |
| 2010-12-31 | 9.75% |
| 2010-09-30 | 5.29% |
| 2010-06-30 | 5.45% |
| 2010-03-31 | 5.70% |
| 2009-12-31 | 6.32% |
| 2009-09-30 | 6.62% |
| 2009-06-30 | 8.33% |
| 2009-03-31 | 6.75% |
| 2008-12-31 | 6.61% |
| 2008-09-30 | 4.16% |
| 2008-06-30 | 4.28% |
| 2008-03-31 | 4.69% |
| 2007-12-31 | 4.90% |
| 2007-09-30 | 5.60% |
| 2007-06-30 | 5.58% |
| 2007-03-31 | 6.51% |
| 2006-12-31 | 8.62% |
| 2006-09-30 | 9.13% |
| 2006-06-30 | 9.26% |
| 2006-03-31 | 10.96% |
| 2005-12-31 | 11.18% |
| 2005-09-30 | 11.62% |
| 2005-06-30 | 14.02% |
| 2005-03-31 | 15.11% |
| 2004-12-31 | 17.78% |
| 2004-09-30 | 18.81% |
| 2004-06-30 | 20.52% |
| 2004-03-31 | 21.65% |
| 2003-12-31 | 22.10% |
| 2003-09-30 | 23.04% |
| 2003-06-30 | 23.83% |
| 2003-03-31 | 23.75% |
| 2002-12-31 | 25.40% |
| 2002-09-30 | 25.34% |
