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 73.87% is in line with its 5-year average of 72.08%, near the high end of its 5-year range (60.12%–76.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.04% below its 12-month average of 74.65%.
Reported quarterly debt to assets ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 73.87%.
DEBT TO ASSETS RATIO
73.87%
DEBT TO ASSETS RATIO AVG TTM
74.65%
DEBT TO ASSETS RATIO AVG 3Y
74.74%
DEBT TO ASSETS RATIO AVG 5Y
72.08%
DEBT TO ASSETS RATIO AVG 10Y
70.13%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1.04%
CURRENT VS 3Y AVG
-1.16%
CURRENT VS 5Y AVG
+2.49%
CURRENT VS 10Y AVG
+5.35%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
0.43%
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
+17080.20%
vs the sector median at left
ReNew Energy Global Plc
Market Cap
$2.50B
Debt to Assets Ratio
73.87%
TTM Avg
74.65%
3Y Avg
74.74%
5Y Avg
72.08%
Market Cap
$2.30B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.99B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.25B
Debt to Assets Ratio
0.04%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.00B
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ReNew Energy Global Plc (RNW) | $2.50B | 73.87% | 74.65% | 74.74% | 72.08% |
| H2O America (HTO)vs › | $2.44B | 0.35% | N/A | N/A | N/A |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 0.27% | N/A | N/A | N/A |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.30B | N/A | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $2.94B | 0.39% | N/A | N/A | N/A |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 0.42% | N/A | N/A | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 0.04% | N/A | N/A | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | 0.15% | N/A | N/A | N/A |
| Middlesex Water Company (MSEX)vs › | $1.00B | 0.31% | N/A | N/A | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $971.48M | 0.32% | N/A | N/A | N/A |
Debt/Assets
73.9%
Debt/Equity
6.15
Current Ratio
0.43
Interest Coverage
0.9x
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 | 73.87% |
| 2026-03-31 | 73.88% |
| 2025-12-31 | 75.11% |
| 2025-09-30 | 74.93% |
| 2025-06-30 | 75.46% |
| 2025-03-31 | 76.29% |
| 2024-12-31 | 76.38% |
| 2024-09-30 | 76.06% |
| 2024-06-30 | 76.58% |
| 2024-03-31 | 75.02% |
| 2023-12-31 | 74.22% |
| 2023-09-30 | 72.99% |
| 2023-06-30 | 70.82% |
| 2023-03-31 | 71.88% |
| 2022-12-31 | 67.62% |
| 2022-09-30 | 66.51% |
| 2022-06-30 | 61.48% |
| 2022-03-31 | 69.81% |
| 2021-12-31 | 60.56% |
| 2021-09-30 | 60.12% |
| 2021-03-31 | 71.47% |
| 2020-12-31 | 71.49% |
| 2020-03-31 | 74.46% |
| 2019-09-30 | 75.04% |
| 2019-06-30 | 75.04% |
| 2019-03-31 | 72.86% |
| 2018-12-31 | 72.86% |
| 2018-09-30 | 67.04% |
| 2018-06-30 | 67.04% |
| 2018-03-31 | 68.96% |
| 2017-12-31 | 66.48% |
| 2017-09-30 | 61.04% |
| 2017-06-30 | 61.04% |
| 2017-03-31 | 60.00% |
| 2016-12-31 | 60.00% |