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 21.21% is in line with its 5-year average of 19.82%, near the high end of its 5-year range (17.77%–22.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.64% below its 12-month average of 21.57%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
21.21%
DEBT TO ASSETS RATIO AVG TTM
21.57%
DEBT TO ASSETS RATIO AVG 3Y
20.34%
DEBT TO ASSETS RATIO AVG 5Y
19.82%
DEBT TO ASSETS RATIO AVG 10Y
21.17%
DEBT TO ASSETS RATIO AVG 15Y
23.17%
DEBT TO ASSETS RATIO AVG 20Y
22.86%
CURRENT VS TTM AVG
-1.64%
CURRENT VS 3Y AVG
+4.30%
CURRENT VS 5Y AVG
+7.02%
CURRENT VS 10Y AVG
+0.20%
CURRENT VS 15Y AVG
-8.47%
CURRENT VS 20Y AVG
-7.22%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+8738.37%
vs the sector median at left
Vale S.A.
Market Cap
$62.73B
Debt to Assets Ratio
21.21%
TTM Avg
21.57%
3Y Avg
20.34%
5Y Avg
19.82%
Market Cap
$60.94B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$67.57B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.20B
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.62B
Debt to Assets Ratio
0.24%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vale S.A. (VALE) | $62.73B | 21.21% | 21.57% | 20.34% | 19.82% |
| Nucor Corporation (NUE)vs › | $62.09B | 0.19% | N/A | N/A | N/A |
| Wheaton Precious Metals Corp. (WPM)vs › | $60.94B | 0.00% | N/A | N/A | N/A |
| CRH plc (CRH)vs › | $67.14B | 0.34% | N/A | N/A | N/A |
| Air Products and Chemicals, Inc. (APD)vs › | $67.57B | 0.45% | N/A | N/A | N/A |
| Barrick Mining Corporation (B)vs › | $73.20B | 0.09% | N/A | N/A | N/A |
| Corteva, Inc. (CTVA)vs › | $51.39B | 0.12% | N/A | N/A | N/A |
| Ecolab Inc. (ECL)vs › | $80.26B | 0.46% | N/A | N/A | N/A |
| Steel Dynamics, Inc. (STLD)vs › | $37.62B | 0.24% | N/A | N/A | N/A |
| Vulcan Materials Company (VMC)vs › | $36.89B | 0.30% | N/A | N/A | N/A |
Debt/Assets
21.2%
Debt/Equity
0.50
Current Ratio
1.19
Interest Coverage
7.1x
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 | 21.21% |
| 2026-03-31 | 21.51% |
| 2025-12-31 | 22.32% |
| 2025-09-30 | 20.34% |
| 2025-06-30 | 22.46% |
| 2025-03-31 | 22.23% |
| 2024-12-31 | 22.11% |
| 2024-09-30 | 18.67% |
| 2024-06-30 | 20.30% |
| 2024-03-31 | 18.90% |
| 2023-12-31 | 17.89% |
| 2023-09-30 | 18.48% |
| 2023-06-30 | 17.99% |
| 2023-03-31 | 18.08% |
| 2022-12-31 | 17.77% |
| 2022-09-30 | 18.44% |
| 2022-06-30 | 18.76% |
| 2022-03-31 | 19.66% |
| 2021-12-31 | 19.23% |
| 2021-09-30 | 20.54% |
| 2021-06-30 | 19.37% |
| 2021-03-31 | 22.44% |
| 2020-12-31 | 23.36% |
| 2020-09-30 | 24.11% |
| 2020-06-30 | 22.32% |
| 2020-03-31 | 26.77% |
| 2019-12-31 | 23.07% |
| 2019-09-30 | 17.68% |
| 2019-06-30 | 18.42% |
| 2019-03-31 | 24.00% |
| 2018-12-31 | 21.51% |
| 2018-09-30 | 22.97% |
| 2018-06-30 | 23.64% |
| 2018-03-31 | 24.90% |
| 2017-12-31 | 22.67% |
| 2017-09-30 | 28.00% |
| 2017-06-30 | 31.06% |
| 2017-03-31 | 31.81% |
| 2016-12-31 | 31.20% |
| 2016-09-30 | 32.13% |
| 2016-06-30 | 32.86% |
| 2016-03-31 | 34.46% |
| 2015-12-31 | 33.77% |
| 2015-09-30 | 29.79% |
| 2015-06-30 | 28.80% |
| 2015-03-31 | 28.70% |
| 2014-12-31 | 26.57% |
| 2014-09-30 | 25.68% |
| 2014-06-30 | 25.20% |
| 2014-03-31 | 25.23% |
| 2013-12-31 | 25.23% |
| 2013-09-30 | 24.03% |
| 2013-06-30 | 24.98% |
| 2013-03-31 | 24.05% |
| 2012-12-31 | 24.49% |
| 2012-09-30 | 22.67% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 19.65% |
| 2011-12-31 | 19.04% |
| 2011-09-30 | 20.20% |
| 2011-06-30 | 18.06% |
| 2011-03-31 | 18.73% |
| 2010-12-31 | 20.01% |
| 2010-09-30 | 20.34% |
| 2010-06-30 | 21.62% |
| 2010-03-31 | 23.38% |
| 2009-12-31 | 23.11% |
| 2009-09-30 | 21.01% |
| 2009-06-30 | 21.89% |
| 2009-03-31 | 22.53% |
| 2008-12-31 | 22.83% |
| 2008-09-30 | 22.65% |
| 2008-06-30 | 23.71% |
| 2008-03-31 | 26.04% |
| 2007-12-31 | 24.81% |
| 2007-09-30 | 24.88% |
| 2007-06-30 | 27.92% |
| 2007-03-31 | 36.25% |
| 2006-12-31 | 37.05% |
| 2006-09-30 | 18.61% |
| 2006-06-30 | 19.95% |
| 2006-03-31 | 21.70% |
| 2005-12-31 | 23.37% |
| 2005-09-30 | 17.83% |
| 2005-06-30 | 21.30% |
| 2005-03-31 | 25.23% |
| 2004-12-31 | 27.80% |
| 2004-09-30 | 38.32% |
| 2004-06-30 | 36.30% |
| 2004-03-31 | 34.90% |
| 2003-12-31 | 35.23% |
| 2003-09-30 | 36.50% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 38.59% |
| 2002-12-31 | 41.87% |
| 2002-09-30 | 47.77% |
