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 15.60% is 20% below its 5-year average of 19.48%, near the low end of its 5-year range (9.36%–30.83%).
As of the fiscal period ended Saturday, June 27, 2026. 15.45% below its 12-month average of 18.46%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-27): 15.60%.
DEBT TO ASSETS RATIO
15.60%
DEBT TO ASSETS RATIO AVG TTM
18.46%
DEBT TO ASSETS RATIO AVG 3Y
24.24%
DEBT TO ASSETS RATIO AVG 5Y
19.48%
DEBT TO ASSETS RATIO AVG 10Y
19.44%
DEBT TO ASSETS RATIO AVG 15Y
20.71%
DEBT TO ASSETS RATIO AVG 20Y
20.93%
CURRENT VS TTM AVG
-15.45%
CURRENT VS 3Y AVG
-35.62%
CURRENT VS 5Y AVG
-19.88%
CURRENT VS 10Y AVG
-19.71%
CURRENT VS 15Y AVG
-24.66%
CURRENT VS 20Y AVG
-25.46%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 59 covered companies
CURRENT VS SECTOR MEDIAN
+6401.79%
vs the sector median at left
SPX Technologies, Inc.
Market Cap
$8.67B
Debt to Assets Ratio
15.60%
TTM Avg
18.46%
3Y Avg
24.24%
5Y Avg
19.48%
Market Cap
$8.71B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.17B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SPX Technologies, Inc. (SPXC) | $8.67B | 15.60% | 18.46% | 24.24% | 19.48% |
| First Majestic Silver Corp. (AG)vs › | $8.71B | 0.07% | N/A | N/A | N/A |
| MP Materials Corp. (MP)vs › | $8.36B | 0.25% | N/A | N/A | N/A |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.17B | 0.41% | N/A | N/A | N/A |
| Corteva, Inc. (CTVA)vs › | $7.97B | 0.12% | N/A | N/A | N/A |
| Arcosa, Inc. (ACA)vs › | $7.19B | 0.27% | N/A | N/A | N/A |
| Suzano S.A. (SUZ)vs › | $10.51B | 0.57% | N/A | N/A | N/A |
| The Mosaic Company (MOS)vs › | $6.70B | 0.24% | N/A | N/A | N/A |
| Alcoa Corporation (AA)vs › | $11.07B | 0.13% | N/A | N/A | N/A |
| Builders FirstSource, Inc. (BLDR)vs › | $6.05B | 0.46% | N/A | N/A | N/A |
Debt/Assets
15.6%
Debt/Equity
0.26
Current Ratio
1.82
Interest Coverage
7.3x
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 |
|---|---|
| 2026-06-27 | 15.60% |
| 2026-03-28 | 17.37% |
| 2025-12-31 | 13.92% |
| 2025-09-27 | 14.56% |
| 2025-06-28 | 30.83% |
| 2025-03-29 | 30.61% |
| 2024-12-31 | 24.69% |
| 2024-09-28 | 28.03% |
| 2024-06-29 | 30.18% |
| 2024-03-30 | 30.52% |
| 2023-12-31 | 24.52% |
| 2023-09-30 | 27.25% |
| 2023-07-01 | 27.01% |
| 2023-04-01 | 15.53% |
| 2022-12-31 | 12.78% |
| 2022-10-01 | 9.95% |
| 2022-07-02 | 9.62% |
| 2022-04-02 | 9.45% |
| 2021-12-31 | 9.36% |
| 2021-10-02 | 9.94% |
| 2021-07-03 | 17.29% |
| 2021-04-03 | 17.04% |
| 2020-12-31 | 17.67% |
| 2020-09-26 | 20.62% |
| 2020-06-27 | 22.95% |
| 2020-03-28 | 23.02% |
| 2019-12-31 | 18.44% |
| 2019-09-28 | 18.57% |
| 2019-06-29 | 19.43% |
| 2019-03-30 | 20.06% |
| 2018-12-31 | 18.56% |
| 2018-09-29 | 21.98% |
| 2018-06-30 | 22.31% |
| 2018-03-31 | 17.72% |
| 2017-12-31 | 17.49% |
| 2017-09-30 | 19.04% |
| 2017-07-01 | 19.04% |
| 2017-04-01 | 18.67% |
| 2016-12-31 | 18.62% |
| 2016-10-01 | 18.30% |
| 2016-07-02 | 18.34% |
| 2016-04-02 | 18.98% |
| 2015-12-31 | 17.06% |
| 2015-09-26 | 18.52% |
| 2015-06-27 | 25.04% |
| 2015-03-28 | 25.71% |
| 2014-12-31 | 23.24% |
| 2014-09-27 | 22.94% |
| 2014-06-28 | 19.64% |
| 2014-03-29 | 17.16% |
| 2013-12-31 | 24.44% |
| 2013-09-28 | 25.76% |
| 2013-06-29 | 26.44% |
| 2013-03-30 | 24.85% |
| 2012-12-31 | 23.73% |
| 2012-09-29 | 28.77% |
| 2012-06-30 | 29.46% |
| 2012-03-31 | 28.39% |
| 2011-12-31 | 27.07% |
| 2011-10-01 | 19.43% |
| 2011-07-02 | 19.96% |
| 2011-04-02 | 20.02% |
| 2010-12-31 | 19.98% |
| 2010-10-02 | 22.16% |
| 2010-07-03 | 23.06% |
| 2010-04-03 | 23.19% |
| 2009-12-31 | 22.34% |
| 2009-09-26 | 21.59% |
| 2009-06-27 | 24.96% |
| 2009-03-28 | 25.41% |
| 2008-12-31 | 21.91% |
| 2008-09-27 | 23.32% |
| 2008-06-28 | 23.86% |
| 2008-03-29 | 24.84% |
| 2007-12-31 | 25.25% |
| 2007-09-30 | 23.35% |
| 2007-06-30 | 19.33% |
| 2007-03-31 | 17.43% |
| 2006-12-31 | 17.73% |
| 2006-09-30 | 16.04% |
| 2006-06-30 | 16.44% |
| 2006-03-31 | 16.50% |
| 2005-12-31 | 14.86% |
| 2005-09-30 | 13.80% |
| 2005-06-30 | 12.87% |
| 2005-03-31 | 20.23% |
| 2004-12-31 | 33.29% |
| 2004-09-30 | 33.72% |
| 2004-06-30 | 34.79% |
| 2004-03-31 | 34.73% |
| 2003-12-31 | 34.34% |
| 2003-09-30 | 38.71% |
| 2003-06-30 | 38.54% |
| 2003-03-31 | 38.34% |
| 2002-12-31 | 38.00% |
| 2002-09-30 | 33.84% |
