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 28.56% is in line with its 5-year average of 30.40%, near the low end of its 5-year range (28.06%–39.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.41% below its 12-month average of 32.98%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 28.56%.
DEBT TO ASSETS RATIO
28.56%
DEBT TO ASSETS RATIO AVG TTM
32.98%
DEBT TO ASSETS RATIO AVG 3Y
30.08%
DEBT TO ASSETS RATIO AVG 5Y
30.40%
DEBT TO ASSETS RATIO AVG 10Y
34.13%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-13.41%
CURRENT VS 3Y AVG
-5.04%
CURRENT VS 5Y AVG
-6.06%
CURRENT VS 10Y AVG
-16.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.23%
median of 107 covered companies
CURRENT VS SECTOR MEDIAN
+12318.05%
vs the sector median at left
Plains GP Holdings LP
Market Cap
$5.21B
Debt to Assets Ratio
28.56%
TTM Avg
32.98%
3Y Avg
30.08%
5Y Avg
30.40%
Market Cap
$4.70B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.82B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.48B
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.45B
Debt to Assets Ratio
0.61%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.43B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.33B
Debt to Assets Ratio
0.23%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.98B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Plains GP Holdings LP (PAGP) | $5.21B | 28.56% | 32.98% | 30.08% | 30.40% |
| Golar LNG Limited (GLNG)vs › | $5.10B | 0.50% | N/A | N/A | N/A |
| California Resources Corp (CRC)vs › | $4.70B | 0.19% | N/A | N/A | N/A |
| Weatherford International plc (WFRD)vs › | $5.82B | 0.32% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 0.21% | N/A | N/A | N/A |
| Icahn Enterprises L.P. (IEP)vs › | $4.45B | 0.61% | N/A | N/A | N/A |
| Oceaneering International, Inc. (OII)vs › | $4.43B | 0.31% | N/A | N/A | N/A |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.33B | 0.23% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $3.98B | 0.30% | N/A | N/A | N/A |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.93B | 0.40% | N/A | N/A | N/A |
Debt/Assets
28.6%
Debt/Equity
5.47
Current Ratio
1.12
Interest Coverage
3.1x
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 | 28.56% |
| 2026-03-31 | 35.34% |
| 2025-12-31 | 36.73% |
| 2025-09-30 | 32.94% |
| 2025-06-30 | 31.34% |
| 2025-03-31 | 31.80% |
| 2024-12-31 | 28.58% |
| 2024-09-30 | 29.08% |
| 2024-06-30 | 28.80% |
| 2024-03-31 | 28.41% |
| 2023-12-31 | 28.06% |
| 2023-09-30 | 28.58% |
| 2023-06-30 | 29.45% |
| 2023-03-31 | 28.89% |
| 2022-12-31 | 30.22% |
| 2022-09-30 | 30.38% |
| 2022-06-30 | 29.55% |
| 2022-03-31 | 28.81% |
| 2021-12-31 | 32.14% |
| 2021-09-30 | 38.55% |
| 2021-06-30 | 39.13% |
| 2021-03-31 | 38.36% |
| 2020-12-31 | 40.88% |
| 2020-09-30 | 42.44% |
| 2020-06-30 | 42.71% |
| 2020-03-31 | 40.34% |
| 2019-12-31 | 34.09% |
| 2019-09-30 | 33.55% |
| 2019-06-30 | 32.88% |
| 2019-03-31 | 33.37% |
| 2018-12-31 | 35.84% |
| 2018-09-30 | 33.49% |
| 2018-06-30 | 33.09% |
| 2018-03-31 | 33.75% |
| 2017-12-31 | 34.33% |
| 2017-09-30 | 37.85% |
| 2017-06-30 | 36.86% |
| 2017-03-31 | 40.79% |
| 2016-12-31 | 38.78% |
| 2016-09-30 | 40.28% |
| 2016-06-30 | 40.19% |
| 2016-03-31 | 40.22% |
| 2015-12-31 | 49.42% |
| 2015-09-30 | 46.54% |
| 2015-06-30 | 42.87% |
| 2015-03-31 | 41.85% |
| 2014-12-31 | 44.14% |
| 2014-09-30 | 39.78% |
| 2014-06-30 | 38.52% |
| 2014-03-31 | 37.68% |
| 2013-12-31 | 38.89% |
| 2013-09-30 | 40.10% |
| 2013-06-30 | 38.51% |
| 2013-03-31 | 37.10% |
| 2012-12-31 | 39.49% |
