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 23.05% is 17% below its 5-year average of 27.85%, near the low end of its 5-year range (21.21%–38.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.34% below its 12-month average of 23.36%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.05%
DEBT TO ASSETS RATIO AVG TTM
23.36%
DEBT TO ASSETS RATIO AVG 3Y
25.50%
DEBT TO ASSETS RATIO AVG 5Y
27.85%
DEBT TO ASSETS RATIO AVG 10Y
26.94%
DEBT TO ASSETS RATIO AVG 15Y
25.71%
DEBT TO ASSETS RATIO AVG 20Y
23.63%
CURRENT VS TTM AVG
-1.34%
CURRENT VS 3Y AVG
-9.64%
CURRENT VS 5Y AVG
-17.26%
CURRENT VS 10Y AVG
-14.45%
CURRENT VS 15Y AVG
-10.37%
CURRENT VS 20Y AVG
-2.49%
SECTOR MEDIAN · ENERGY
0.22%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+10375.53%
vs the sector median at left
Market Cap
$84.01B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$92.75B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.05B
Debt to Assets Ratio
0.51%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Slb N.V. (SLB) | $84.74B | 23.05% | 23.36% | 25.50% | 27.85% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.01B | 0.42% | N/A | N/A | N/A |
| Suncor Energy Inc. (SU)vs › | $80.16B | 0.15% | N/A | N/A | N/A |
| Eni S.p.A. (E)vs › | $79.59B | 0.25% | N/A | N/A | N/A |
| EOG Resources, Inc. (EOG)vs › | $77.42B | 0.15% | N/A | N/A | N/A |
| The Williams Companies, Inc. (WMB)vs › | $92.75B | 0.51% | N/A | N/A | N/A |
| Energy Transfer LP (ET)vs › | $74.02B | 0.47% | N/A | N/A | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $71.21B | 0.44% | N/A | N/A | N/A |
| TC Energy Corporation (TRP)vs › | $66.05B | 0.51% | N/A | N/A | N/A |
| Phillips 66 (PSX)vs › | $103.90B | 0.25% | N/A | N/A | N/A |
Debt/Assets
23.0%
Debt/Equity
0.49
Current Ratio
1.44
Interest Coverage
9.8x
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 | 23.05% |
| 2026-03-31 | 21.29% |
| 2025-12-31 | 21.21% |
| 2025-09-30 | 23.17% |
| 2025-06-30 | 28.09% |
| 2025-03-31 | 28.57% |
| 2024-12-31 | 24.67% |
| 2024-09-30 | 25.96% |
| 2024-06-30 | 26.71% |
| 2024-03-31 | 25.43% |
| 2023-12-31 | 24.95% |
| 2023-09-30 | 28.69% |
| 2023-06-30 | 29.75% |
| 2023-03-31 | 29.27% |
| 2022-12-31 | 28.34% |
| 2022-09-30 | 30.28% |
| 2022-06-30 | 32.33% |
| 2022-03-31 | 33.56% |
| 2021-12-31 | 34.20% |
| 2021-09-30 | 37.51% |
| 2021-06-30 | 38.44% |
| 2021-03-31 | 39.45% |
| 2020-12-31 | 39.79% |
| 2020-09-30 | 40.31% |
| 2020-06-30 | 38.88% |
| 2020-03-31 | 34.25% |
| 2019-12-31 | 27.16% |
| 2019-09-30 | 28.75% |
| 2019-06-30 | 24.19% |
| 2019-03-31 | 23.53% |
| 2018-12-31 | 22.77% |
| 2018-09-30 | 24.80% |
| 2018-06-30 | 25.09% |
| 2018-03-31 | 25.34% |
| 2017-12-31 | 25.28% |
| 2017-09-30 | 23.33% |
| 2017-06-30 | 25.14% |
| 2017-03-31 | 24.93% |
| 2016-12-31 | 25.16% |
| 2016-09-30 | 26.40% |
| 2016-06-30 | 26.64% |
| 2016-03-31 | 31.08% |
| 2015-12-31 | 27.94% |
| 2015-09-30 | 19.34% |
| 2015-06-30 | 20.60% |
| 2015-03-31 | 19.46% |
| 2014-12-31 | 19.92% |
| 2014-09-30 | 19.14% |
| 2014-06-30 | 19.45% |
| 2014-03-31 | 18.72% |
| 2013-12-31 | 19.64% |
| 2013-09-30 | 19.06% |
| 2013-06-30 | 18.90% |
| 2013-03-31 | 18.07% |
| 2012-12-31 | 18.90% |
| 2012-09-30 | 18.82% |
| 2012-06-30 | 18.37% |
| 2012-03-31 | 18.04% |
| 2011-12-31 | 17.99% |
| 2011-09-30 | 20.66% |
| 2011-06-30 | 17.70% |
| 2011-03-31 | 16.44% |
| 2010-12-31 | 15.69% |
| 2010-09-30 | 13.51% |
| 2010-06-30 | 13.62% |
| 2010-03-31 | 15.16% |
| 2009-12-31 | 16.38% |
| 2009-09-30 | 16.67% |
| 2009-06-30 | 17.79% |
| 2009-03-31 | 18.69% |
| 2008-12-31 | 16.54% |
| 2008-09-30 | 18.16% |
| 2008-06-30 | 17.89% |
| 2008-03-31 | 19.80% |
| 2007-12-31 | 19.62% |
| 2007-09-30 | 20.16% |
| 2007-06-30 | 21.36% |
| 2007-03-31 | 23.73% |
| 2006-12-31 | 26.22% |
| 2006-09-30 | 24.91% |
| 2006-06-30 | 26.45% |
| 2006-03-31 | 23.93% |
| 2005-12-31 | 24.27% |
| 2005-09-30 | 25.63% |
| 2005-06-30 | 26.46% |
| 2005-03-31 | 27.85% |
| 2004-12-31 | 29.12% |
| 2004-09-30 | 28.00% |
| 2004-06-30 | 28.21% |
| 2004-03-31 | 34.47% |
| 2003-12-31 | 39.45% |
| 2003-09-30 | 37.52% |
| 2003-06-30 | 41.33% |
| 2003-03-31 | 37.25% |
| 2002-12-31 | 36.86% |
| 2002-09-30 | 33.55% |
