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 2.31% is 38% below its 5-year average of 3.74%, near the low end of its 5-year range (2.24%–5.88%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.57% below its 12-month average of 2.32%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
2.31%
DEBT TO ASSETS RATIO AVG TTM
2.32%
DEBT TO ASSETS RATIO AVG 3Y
3.06%
DEBT TO ASSETS RATIO AVG 5Y
3.74%
DEBT TO ASSETS RATIO AVG 10Y
4.81%
DEBT TO ASSETS RATIO AVG 15Y
5.73%
DEBT TO ASSETS RATIO AVG 20Y
6.49%
CURRENT VS TTM AVG
-0.57%
CURRENT VS 3Y AVG
-24.59%
CURRENT VS 5Y AVG
-38.21%
CURRENT VS 10Y AVG
-52.02%
CURRENT VS 15Y AVG
-59.75%
CURRENT VS 20Y AVG
-64.44%
SECTOR MEDIAN · ENERGY
0.25%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+823.28%
vs the sector median at left
Market Cap
$27.69B
Debt to Assets Ratio
0.26%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$27.64B
Debt to Assets Ratio
0.01%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$21.91B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.51B | 2.31% | 2.32% | 3.06% | 3.74% |
| Venture Global, Inc. (VG)vs › | $32.24B | 0.67% | N/A | N/A | N/A |
| EQT Corporation (EQT)vs › | $33.30B | 0.14% | N/A | N/A | N/A |
| Devon Energy Corporation (DVN)vs › | $27.69B | 0.26% | N/A | N/A | N/A |
| Texas Pacific Land Corporation (TPL)vs › | $27.64B | 0.01% | N/A | N/A | N/A |
| Halliburton Company (HAL)vs › | $26.75B | 0.32% | N/A | N/A | N/A |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.14% | N/A | N/A | N/A |
| Cameco Corporation (CCJ)vs › | $38.88B | 0.10% | N/A | N/A | N/A |
| Expand Energy Corporation (EXE)vs › | $21.91B | N/A | N/A | N/A | N/A |
| APA Corporation (APA)vs › | $13.18B | 0.25% | N/A | N/A | N/A |
Debt/Assets
2.3%
Debt/Equity
0.03
Current Ratio
4.15
Interest Coverage
48.9x
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 |
|---|---|
| 2026-03-31 | 2.31% |
| 2025-12-31 | 2.24% |
| 2025-09-30 | 2.33% |
| 2025-06-30 | 2.31% |
| 2025-03-31 | 2.41% |
| 2024-12-31 | 2.85% |
| 2024-09-30 | 3.08% |
| 2024-06-30 | 3.49% |
| 2024-03-31 | 3.60% |
| 2023-12-31 | 3.41% |
| 2023-09-30 | 3.74% |
| 2023-06-30 | 4.21% |
| 2023-03-31 | 3.80% |
| 2022-12-31 | 4.79% |
| 2022-09-30 | 5.88% |
| 2022-06-30 | 5.30% |
| 2022-03-31 | 3.09% |
| 2021-12-31 | 3.10% |
| 2021-09-30 | 5.05% |
| 2021-06-30 | 5.85% |
| 2021-03-31 | 5.61% |
| 2020-12-31 | 6.39% |
| 2020-09-30 | 7.02% |
| 2020-06-30 | 6.94% |
| 2020-03-31 | 6.69% |
| 2019-12-31 | 1.83% |
| 2019-09-30 | 7.74% |
| 2019-06-30 | 7.49% |
| 2019-03-31 | 6.11% |
| 2018-12-31 | 3.78% |
| 2018-09-30 | 5.02% |
| 2018-06-30 | 5.80% |
| 2018-03-31 | 6.83% |
| 2017-12-31 | 6.71% |
| 2017-09-30 | 5.79% |
| 2017-06-30 | 6.00% |
| 2017-03-31 | 4.99% |
| 2016-12-31 | 6.00% |
| 2016-09-30 | 5.24% |
| 2016-06-30 | 5.71% |
| 2016-03-31 | 6.72% |
| 2015-12-31 | 6.53% |
| 2015-09-30 | 6.44% |
| 2015-06-30 | 7.74% |
| 2015-03-31 | 7.13% |
| 2014-12-31 | 6.05% |
| 2014-09-30 | 6.71% |
| 2014-06-30 | 6.48% |
| 2014-03-31 | 5.55% |
| 2013-12-31 | 5.84% |
| 2013-09-30 | 7.84% |
| 2013-06-30 | 9.52% |
| 2013-03-31 | 10.12% |
| 2012-12-31 | 10.93% |
| 2012-09-30 | 12.07% |
| 2012-06-30 | 10.96% |
| 2012-03-31 | 7.82% |
| 2011-12-31 | 6.26% |
| 2011-09-30 | 7.84% |
| 2011-06-30 | 8.13% |
| 2011-03-31 | 8.93% |
| 2010-12-31 | 8.66% |
| 2010-09-30 | 7.76% |
| 2010-06-30 | 8.97% |
| 2010-03-31 | 10.27% |
| 2009-12-31 | 10.73% |
| 2009-09-30 | 17.77% |
| 2009-06-30 | 14.62% |
| 2009-03-31 | 19.19% |
| 2008-12-31 | 27.20% |
| 2008-09-30 | 18.78% |
| 2008-06-30 | 19.38% |
| 2008-03-31 | 23.80% |
| 2007-12-31 | 26.37% |
| 2007-09-30 | 31.06% |
| 2007-06-30 | 32.08% |
| 2007-03-31 | 26.24% |
| 2006-12-31 | 28.99% |
| 2006-09-30 | 10.74% |
| 2006-06-30 | 13.21% |
| 2006-03-31 | 13.25% |
| 2005-12-31 | 15.07% |
| 2005-09-30 | 15.84% |
| 2005-06-30 | 18.80% |
| 2005-03-31 | 19.00% |
| 2004-12-31 | 22.24% |
| 2004-09-30 | 23.95% |
| 2004-06-30 | 24.09% |
| 2004-03-31 | 20.82% |
| 2003-12-31 | 19.34% |
| 2003-09-30 | 18.29% |
| 2003-06-30 | 19.22% |
| 2003-03-31 | 17.42% |
