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 20.38% is in line with its 5-year average of 20.30%, around the middle of its 5-year range (18.47%–22.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.45% below its 12-month average of 21.56%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
20.38%
DEBT TO ASSETS RATIO AVG TTM
21.56%
DEBT TO ASSETS RATIO AVG 3Y
20.75%
DEBT TO ASSETS RATIO AVG 5Y
20.30%
DEBT TO ASSETS RATIO AVG 10Y
19.01%
DEBT TO ASSETS RATIO AVG 15Y
20.17%
DEBT TO ASSETS RATIO AVG 20Y
19.55%
CURRENT VS TTM AVG
-5.45%
CURRENT VS 3Y AVG
-1.78%
CURRENT VS 5Y AVG
+0.42%
CURRENT VS 10Y AVG
+7.23%
CURRENT VS 15Y AVG
+1.05%
CURRENT VS 20Y AVG
+4.27%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+8392.91%
vs the sector median at left
Teck Resources Limited
Market Cap
$32.90B
Debt to Assets Ratio
20.38%
TTM Avg
21.56%
3Y Avg
20.75%
5Y Avg
20.30%
Market Cap
$33.34B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.16B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$34.93B
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$24.94B
Debt to Assets Ratio
0.33%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.67B
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 |
|---|---|---|---|---|---|
| Teck Resources Limited (TECK) | $32.90B | 20.38% | 21.56% | 20.75% | 20.30% |
| Steel Dynamics, Inc. (STLD)vs › | $33.34B | 0.24% | N/A | N/A | N/A |
| Martin Marietta Materials, Inc. (MLM)vs › | $31.16B | 0.28% | N/A | N/A | N/A |
| Vulcan Materials Company (VMC)vs › | $34.93B | 0.30% | N/A | N/A | N/A |
| Nutrien Ltd. (NTR)vs › | $36.26B | 0.24% | N/A | N/A | N/A |
| PPG Industries, Inc. (PPG)vs › | $24.94B | 0.33% | N/A | N/A | N/A |
| Carpenter Technology Corporation (CRS)vs › | $23.67B | 0.18% | N/A | N/A | N/A |
| Royal Gold, Inc. (RGLD)vs › | $22.19B | 0.04% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $22.05B | 0.34% | N/A | N/A | N/A |
| International Flavors & Fragrances Inc. (IFF)vs › | $22.04B | 0.25% | N/A | N/A | N/A |
Debt/Assets
20.4%
Debt/Equity
0.35
Current Ratio
3.12
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 | 20.38% |
| 2026-03-31 | 20.94% |
| 2025-12-31 | 22.88% |
| 2025-09-30 | 21.67% |
| 2025-06-30 | 21.92% |
| 2025-03-31 | 21.64% |
| 2024-12-31 | 21.19% |
| 2024-09-30 | 21.12% |
| 2024-06-30 | 19.90% |
| 2024-03-31 | 19.67% |
| 2023-12-31 | 19.74% |
| 2023-09-30 | 19.60% |
| 2023-06-30 | 19.14% |
| 2023-03-31 | 18.96% |
| 2022-12-31 | 19.13% |
| 2022-09-30 | 19.75% |
| 2022-06-30 | 18.47% |
| 2022-03-31 | 19.35% |
| 2021-12-31 | 19.70% |
| 2021-09-30 | 20.28% |
| 2021-06-30 | 20.84% |
| 2021-03-31 | 19.92% |
| 2020-12-31 | 19.09% |
| 2020-09-30 | 18.81% |
| 2020-06-30 | 18.19% |
| 2020-03-31 | 16.70% |
| 2019-12-31 | 14.60% |
| 2019-09-30 | 13.95% |
| 2019-06-30 | 13.97% |
| 2019-03-31 | 15.80% |
| 2018-12-31 | 13.93% |
| 2018-09-30 | 13.64% |
| 2018-06-30 | 17.13% |
| 2018-03-31 | 17.16% |
| 2017-12-31 | 17.20% |
| 2017-09-30 | 17.26% |
| 2017-06-30 | 18.30% |
| 2017-03-31 | 19.75% |
| 2016-12-31 | 23.42% |
| 2016-09-30 | 25.26% |
| 2016-06-30 | 26.55% |
| 2016-03-31 | 26.77% |
| 2015-12-31 | 27.77% |
| 2015-09-30 | 27.94% |
| 2015-06-30 | 24.36% |
| 2015-03-31 | 24.51% |
| 2014-12-31 | 22.91% |
| 2014-09-30 | 22.30% |
| 2014-06-30 | 21.37% |
| 2014-03-31 | 22.08% |
| 2013-12-31 | 21.34% |
| 2013-09-30 | 21.39% |
| 2013-06-30 | 21.76% |
| 2013-03-31 | 21.11% |
| 2012-12-31 | 20.52% |
| 2012-09-30 | 21.88% |
| 2012-06-30 | 20.44% |
| 2012-03-31 | 20.24% |
| 2011-12-31 | 20.56% |
| 2011-09-30 | 21.54% |
| 2011-06-30 | 15.95% |
| 2011-03-31 | 0.22% |
| 2010-12-31 | 17.03% |
| 2010-09-30 | 20.21% |
| 2010-06-30 | 19.87% |
| 2010-03-22 | 20.39% |
| 2009-12-31 | 26.79% |
| 2009-09-30 | 28.39% |
| 2009-06-30 | 37.19% |
| 2009-03-31 | 41.53% |
| 2008-12-31 | 65.47% |
| 2008-09-30 | 10.14% |
| 2008-06-30 | 10.85% |
| 2008-03-31 | 11.25% |
| 2007-12-31 | 11.22% |
| 2007-09-30 | 10.97% |
| 2007-06-30 | 12.96% |
| 2007-03-31 | 13.37% |
| 2006-12-31 | 14.10% |
| 2006-09-30 | 16.48% |
| 2006-06-30 | 18.09% |
| 2006-03-31 | 19.87% |
| 2005-12-31 | 22.35% |
| 2005-09-30 | 24.24% |
| 2005-06-30 | 9.70% |
| 2005-03-31 | 9.90% |
| 2004-12-31 | 10.98% |
| 2004-09-30 | 16.52% |
| 2004-06-30 | 18.42% |
| 2004-03-31 | 18.79% |
| 2003-12-31 | 20.94% |
| 2003-09-30 | 24.91% |
| 2003-06-30 | 19.80% |
| 2003-03-31 | 21.73% |
| 2002-12-31 | 19.34% |
| 2002-09-30 | 20.55% |
