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 19.75% is 25% above its 5-year average of 15.86%, around the middle of its 5-year range (9.50%–39.26%).
As of the fiscal period ended Tuesday, September 30, 2025. 18.67% above its 12-month average of 16.64%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
19.75%
DEBT TO ASSETS RATIO AVG TTM
16.64%
DEBT TO ASSETS RATIO AVG 3Y
13.47%
DEBT TO ASSETS RATIO AVG 5Y
13.22%
DEBT TO ASSETS RATIO AVG 10Y
31.28%
DEBT TO ASSETS RATIO AVG 15Y
34.95%
DEBT TO ASSETS RATIO AVG 20Y
36.26%
CURRENT VS TTM AVG
+18.67%
CURRENT VS 3Y AVG
+46.64%
CURRENT VS 5Y AVG
+49.41%
CURRENT VS 10Y AVG
-36.86%
CURRENT VS 15Y AVG
-43.50%
CURRENT VS 20Y AVG
-45.54%
SECTOR MEDIAN · ENERGY
0.26%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+7644.67%
vs the sector median at left
Emeren Group, Ltd.
Market Cap
$995.64M
Debt to Assets Ratio
19.75%
TTM Avg
16.64%
3Y Avg
13.47%
5Y Avg
13.22%
Market Cap
$759.13M
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.30B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.43B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.37B
Debt to Assets Ratio
0.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.48B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emeren Group, Ltd. (SOL) | $995.64M | 19.75% | 16.64% | 13.47% | 13.22% |
| Array Technologies, Inc. (ARRY)vs › | $759.13M | 0.53% | N/A | N/A | N/A |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.30B | 0.00% | N/A | N/A | N/A |
| Star Group, L.P. (SGU)vs › | $412.39M | 0.30% | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $214.62M | 0.26% | N/A | N/A | N/A |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.43B | 0.19% | N/A | N/A | N/A |
| Centrus Energy Corp. (LEU)vs › | $3.04B | 0.50% | N/A | N/A | N/A |
| Helmerich & Payne, Inc. (HP)vs › | $3.37B | 0.35% | N/A | N/A | N/A |
| California Resources Corp (CRC)vs › | $4.48B | 0.18% | N/A | N/A | N/A |
| Enphase Energy, Inc. (ENPH)vs › | $4.86B | 0.35% | N/A | N/A | N/A |
Debt/Assets
19.7%
Debt/Equity
0.21
Current Ratio
3.87
Interest Coverage
-0.3x
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 |
|---|---|
| 2025-09-30 | 19.75% |
| 2025-06-30 | 18.79% |
| 2025-03-31 | 16.77% |
| 2024-12-31 | 14.16% |
| 2024-09-30 | 13.75% |
| 2024-06-30 | 13.70% |
| 2024-03-31 | 12.87% |
| 2023-12-31 | 12.72% |
| 2023-09-30 | 12.79% |
| 2023-06-30 | 12.84% |
| 2023-03-31 | 14.32% |
| 2022-12-31 | 13.90% |
| 2022-09-30 | 13.64% |
| 2022-06-30 | 9.50% |
| 2022-03-31 | 10.57% |
| 2021-12-31 | 10.75% |
| 2021-09-30 | 11.52% |
| 2021-06-30 | 12.53% |
| 2021-03-31 | 14.68% |
| 2020-12-31 | 34.30% |
| 2020-09-30 | 39.26% |
| 2020-06-30 | 39.07% |
| 2020-03-31 | 40.25% |
| 2019-12-31 | 37.91% |
| 2019-09-30 | 44.56% |
| 2019-06-30 | 55.20% |
| 2019-03-31 | 54.24% |
| 2018-12-31 | 43.36% |
| 2018-09-30 | 42.71% |
| 2018-06-30 | 42.42% |
| 2018-03-31 | 37.37% |
| 2017-12-31 | 31.76% |
| 2017-09-30 | 28.27% |
| 2017-06-30 | 60.76% |
| 2017-03-31 | 60.25% |
| 2016-12-31 | 57.36% |
| 2016-09-30 | 56.07% |
| 2016-06-30 | 55.60% |
| 2016-03-31 | 55.06% |
| 2015-12-31 | 54.50% |
| 2015-09-30 | 52.63% |
| 2015-06-30 | 49.63% |
| 2015-03-31 | 48.30% |
| 2014-12-31 | 47.35% |
| 2014-09-30 | 47.92% |
| 2014-06-30 | 47.80% |
| 2014-03-31 | 45.53% |
| 2013-12-31 | 39.92% |
| 2013-09-30 | 41.59% |
| 2013-06-30 | 42.53% |
| 2013-03-31 | 45.99% |
| 2012-12-31 | 42.97% |
| 2012-09-30 | 47.05% |
| 2012-06-30 | 44.02% |
| 2012-03-31 | 44.56% |
| 2011-12-31 | 42.44% |
| 2011-09-30 | 35.31% |
| 2011-06-30 | 29.93% |
| 2011-03-31 | 38.94% |
| 2010-12-31 | 32.85% |
| 2010-09-30 | 34.98% |
| 2010-06-30 | 46.22% |
| 2010-03-31 | 49.14% |
| 2009-12-31 | 45.17% |
| 2009-09-30 | 45.85% |
| 2009-06-30 | 48.47% |
| 2009-03-31 | 46.95% |
| 2008-12-31 | 22.31% |
| 2008-09-30 | 32.71% |
| 2008-06-30 | 34.03% |
| 2008-03-31 | 39.85% |
| 2007-12-31 | 49.42% |
| 2007-09-30 | 55.64% |
| 2007-06-30 | 60.33% |
| 2006-12-31 | 11.41% |
