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 47.58% is in line with its 5-year average of 45.38%, near the high end of its 5-year range (42.27%–48.40%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.57% below its 12-month average of 47.85%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
47.58%
DEBT TO ASSETS RATIO AVG TTM
47.85%
DEBT TO ASSETS RATIO AVG 3Y
46.64%
DEBT TO ASSETS RATIO AVG 5Y
45.38%
DEBT TO ASSETS RATIO AVG 10Y
44.11%
DEBT TO ASSETS RATIO AVG 15Y
41.56%
DEBT TO ASSETS RATIO AVG 20Y
40.47%
CURRENT VS TTM AVG
-0.57%
CURRENT VS 3Y AVG
+2.01%
CURRENT VS 5Y AVG
+4.84%
CURRENT VS 10Y AVG
+7.85%
CURRENT VS 15Y AVG
+14.47%
CURRENT VS 20Y AVG
+17.56%
SECTOR MEDIAN · UTILITIES
0.44%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+10712.87%
vs the sector median at left
The Southern Company
Market Cap
$102.67B
Debt to Assets Ratio
47.58%
TTM Avg
47.85%
3Y Avg
46.64%
5Y Avg
45.38%
Market Cap
$107.91B
Debt to Assets Ratio
0.25%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.71B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$68.57B
Debt to Assets Ratio
0.44%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Southern Company (SO) | $102.67B | 47.58% | 47.85% | 46.64% | 45.38% |
| Constellation Energy Corporation (CEG)vs › | $107.91B | 0.25% | N/A | N/A | N/A |
| Duke Energy Corporation (DUK)vs › | $94.71B | 0.45% | N/A | N/A | N/A |
| American Electric Power Company, Inc. (AEP)vs › | $68.57B | 0.44% | N/A | N/A | N/A |
| Dominion Energy, Inc. (D)vs › | $58.55B | 0.44% | N/A | N/A | N/A |
| Sempra (SRE)vs › | $56.13B | 0.32% | N/A | N/A | N/A |
| Vistra Corp. (VST)vs › | $51.76B | 0.47% | N/A | N/A | N/A |
| Entergy Corporation (ETR)vs › | $50.76B | 0.44% | N/A | N/A | N/A |
| Xcel Energy Inc. (XEL)vs › | $47.99B | 0.46% | N/A | N/A | N/A |
| Exelon Corporation (EXC)vs › | $45.58B | 0.43% | N/A | N/A | N/A |
Debt/Assets
47.6%
Debt/Equity
1.95
Current Ratio
0.79
Interest Coverage
2.2x
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 | 47.58% |
| 2026-03-31 | 48.40% |
| 2025-12-31 | 47.57% |
| 2025-09-30 | 48.12% |
| 2025-06-30 | 47.58% |
| 2025-03-31 | 47.34% |
| 2024-12-31 | 45.65% |
| 2024-09-30 | 45.21% |
| 2024-06-30 | 46.16% |
| 2024-03-31 | 46.56% |
| 2023-12-31 | 45.57% |
| 2023-09-30 | 45.04% |
| 2023-06-30 | 45.51% |
| 2023-03-31 | 44.93% |
| 2022-12-31 | 43.84% |
| 2022-09-30 | 42.27% |
| 2022-06-30 | 43.18% |
| 2022-03-31 | 43.47% |
| 2021-12-31 | 43.49% |
| 2021-09-30 | 42.68% |
| 2021-06-30 | 42.82% |
| 2021-03-31 | 42.47% |
| 2020-12-31 | 41.52% |
| 2020-09-30 | 42.17% |
| 2020-06-30 | 41.56% |
| 2020-03-31 | 41.73% |
| 2019-12-31 | 41.02% |
| 2019-09-30 | 40.63% |
| 2019-06-30 | 40.18% |
| 2019-03-31 | 40.29% |
| 2018-12-31 | 40.07% |
| 2018-09-30 | 42.07% |
| 2018-06-30 | 44.07% |
| 2018-03-31 | 46.57% |
| 2017-12-31 | 45.76% |
| 2017-09-30 | 45.44% |
| 2017-06-30 | 46.18% |
| 2017-03-31 | 44.53% |
| 2016-12-31 | 43.26% |
| 2016-09-30 | 42.75% |
| 2016-06-30 | 43.43% |
| 2016-03-31 | 37.69% |
| 2015-12-31 | 36.69% |
| 2015-09-30 | 36.07% |
| 2015-06-30 | 36.90% |
| 2015-03-31 | 36.42% |
| 2014-12-31 | 35.28% |
| 2014-09-30 | 36.15% |
| 2014-06-30 | 36.93% |
| 2014-03-31 | 36.48% |
| 2013-12-31 | 36.09% |
| 2013-09-30 | 35.72% |
| 2013-06-30 | 36.92% |
| 2013-03-31 | 36.80% |
| 2012-12-31 | 35.53% |
| 2012-09-30 | 35.06% |
| 2012-06-30 | 36.11% |
| 2012-03-31 | 36.68% |
| 2011-12-31 | 35.81% |
| 2011-09-30 | 36.20% |
| 2011-06-30 | 37.07% |
| 2011-03-31 | 37.83% |
| 2010-12-31 | 37.71% |
| 2010-09-30 | 33.78% |
| 2010-06-30 | 35.63% |
| 2010-03-31 | 38.25% |
| 2009-12-31 | 38.20% |
| 2009-09-30 | 38.57% |
| 2009-06-30 | 39.89% |
| 2009-03-31 | 39.48% |
| 2008-12-31 | 38.03% |
| 2008-09-30 | 37.12% |
| 2008-06-30 | 36.88% |
| 2008-03-31 | 37.13% |
| 2007-12-31 | 36.24% |
| 2007-09-30 | 35.54% |
| 2007-06-30 | 36.26% |
| 2007-03-31 | 38.29% |
| 2006-12-31 | 37.01% |
| 2006-09-30 | 34.08% |
| 2006-06-30 | 36.87% |
| 2006-03-31 | 40.14% |
| 2005-12-31 | 37.63% |
| 2005-09-30 | 37.14% |
| 2005-06-30 | 38.86% |
| 2005-03-31 | 38.77% |
| 2004-12-31 | 37.50% |
| 2004-09-30 | 37.04% |
| 2004-06-30 | 38.67% |
| 2004-03-31 | 39.07% |
| 2003-12-31 | 32.61% |
| 2003-09-30 | 33.69% |
| 2003-06-30 | 35.05% |
| 2003-03-31 | 35.57% |
| 2002-12-31 | 33.70% |
| 2002-09-30 | 35.21% |
