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 35.35% is 11% below its 5-year average of 39.77%, near the low end of its 5-year range (33.75%–43.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.94% below its 12-month average of 35.68%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
35.35%
DEBT TO ASSETS RATIO AVG TTM
35.68%
DEBT TO ASSETS RATIO AVG 3Y
38.49%
DEBT TO ASSETS RATIO AVG 5Y
39.77%
DEBT TO ASSETS RATIO AVG 10Y
42.89%
DEBT TO ASSETS RATIO AVG 15Y
41.15%
DEBT TO ASSETS RATIO AVG 20Y
37.07%
CURRENT VS TTM AVG
-0.94%
CURRENT VS 3Y AVG
-8.17%
CURRENT VS 5Y AVG
-11.13%
CURRENT VS 10Y AVG
-17.58%
CURRENT VS 15Y AVG
-14.10%
CURRENT VS 20Y AVG
-4.64%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+14628.58%
vs the sector median at left
Southern Copper Corporation
Market Cap
$166.08B
Debt to Assets Ratio
35.35%
TTM Avg
35.68%
3Y Avg
38.49%
5Y Avg
39.77%
Market Cap
$119.05B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$100.08B
Debt to Assets Ratio
0.17%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$92.20B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$89.75B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southern Copper Corporation (SCCO) | $166.08B | 35.35% | 35.68% | 38.49% | 39.77% |
| Rio Tinto Group (RIO)vs › | $164.29B | 0.17% | N/A | N/A | N/A |
| Newmont Corporation (NEM)vs › | $119.05B | 0.09% | N/A | N/A | N/A |
| Linde plc (LIN)vs › | $226.66B | 0.32% | N/A | N/A | N/A |
| BHP Group Limited (BHP)vs › | $229.67B | 0.27% | N/A | N/A | N/A |
| Freeport-McMoRan Inc. (FCX)vs › | $100.08B | 0.17% | N/A | N/A | N/A |
| Johnson Controls International plc (JCI)vs › | $92.20B | 0.24% | N/A | N/A | N/A |
| The Sherwin-Williams Company (SHW)vs › | $89.75B | 0.53% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $80.26B | 0.46% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $73.20B | 0.09% | N/A | N/A | N/A |
Debt/Assets
35.3%
Debt/Equity
0.68
Current Ratio
5.06
Interest Coverage
18.9x
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 | 35.35% |
| 2026-03-31 | 33.75% |
| 2025-12-31 | 34.67% |
| 2025-09-30 | 36.56% |
| 2025-06-30 | 38.09% |
| 2025-03-31 | 40.26% |
| 2024-12-31 | 37.39% |
| 2024-09-30 | 37.92% |
| 2024-06-30 | 39.39% |
| 2024-03-31 | 41.77% |
| 2023-12-31 | 42.03% |
| 2023-09-30 | 41.50% |
| 2023-06-30 | 41.72% |
| 2023-03-31 | 40.90% |
| 2022-12-31 | 41.11% |
| 2022-09-30 | 43.43% |
| 2022-06-30 | 43.41% |
| 2022-03-31 | 41.62% |
| 2021-12-31 | 40.79% |
| 2021-09-30 | 41.27% |
| 2021-06-30 | 42.33% |
| 2021-03-31 | 43.60% |
| 2020-12-31 | 44.39% |
| 2020-09-30 | 46.39% |
| 2020-06-30 | 47.79% |
| 2020-03-31 | 49.17% |
| 2019-12-31 | 48.68% |
| 2019-09-30 | 48.51% |
| 2019-06-30 | 45.87% |
| 2019-03-31 | 45.38% |
| 2018-12-31 | 41.15% |
| 2018-09-30 | 41.62% |
| 2018-06-30 | 42.42% |
| 2018-03-31 | 42.44% |
| 2017-12-31 | 43.26% |
| 2017-09-30 | 42.60% |
| 2017-06-30 | 44.07% |
| 2017-03-31 | 44.04% |
| 2016-12-31 | 44.85% |
| 2016-09-30 | 45.58% |
| 2016-06-30 | 46.55% |
| 2016-03-31 | 46.47% |
| 2015-12-31 | 47.51% |
| 2015-09-30 | 45.87% |
| 2015-06-30 | 46.09% |
| 2015-03-31 | 37.84% |
| 2014-12-31 | 36.97% |
| 2014-09-30 | 36.45% |
| 2014-06-30 | 36.54% |
| 2014-03-31 | 37.33% |
| 2013-12-31 | 37.78% |
| 2013-09-30 | 38.49% |
| 2013-06-30 | 39.51% |
| 2013-03-31 | 39.10% |
| 2012-12-31 | 40.58% |
| 2012-09-30 | 25.28% |
| 2012-06-30 | 32.74% |
| 2012-03-31 | 32.33% |
| 2011-12-31 | 34.05% |
| 2011-09-30 | 34.38% |
| 2011-06-30 | 35.29% |
| 2011-03-31 | 33.91% |
| 2010-12-31 | 33.96% |
| 2010-09-30 | 36.33% |
| 2010-06-30 | 37.12% |
| 2010-03-31 | 21.34% |
| 2009-12-31 | 21.12% |
| 2009-09-30 | 22.64% |
| 2009-06-30 | 23.62% |
| 2009-03-31 | 24.05% |
| 2008-12-31 | 22.38% |
| 2008-09-30 | 20.40% |
| 2008-06-30 | 20.22% |
| 2008-03-31 | 21.39% |
| 2007-12-31 | 22.03% |
| 2007-09-30 | 22.57% |
| 2007-06-30 | 23.33% |
| 2007-03-31 | 24.32% |
| 2006-12-31 | 23.97% |
| 2006-09-30 | 26.17% |
| 2006-06-30 | 27.38% |
| 2006-03-31 | 21.64% |
| 2005-12-31 | 20.61% |
| 2005-09-30 | 22.70% |
| 2005-06-30 | 22.12% |
| 2005-03-31 | 10.75% |
| 2004-12-31 | 51.22% |
| 2004-09-30 | 13.03% |
| 2004-06-30 | 14.01% |
| 2004-03-31 | 17.29% |
| 2003-12-31 | 18.08% |
| 2003-09-30 | 18.62% |
| 2003-06-30 | 19.01% |
| 2003-03-31 | 16.95% |
| 2002-12-31 | 17.07% |
| 2002-09-30 | 17.22% |
