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 46.26% is in line with its 5-year average of 43.57%, near the high end of its 5-year range (42.23%–46.26%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.11% above its 12-month average of 44.87%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
46.26%
DEBT TO ASSETS RATIO AVG TTM
44.87%
DEBT TO ASSETS RATIO AVG 3Y
44.08%
DEBT TO ASSETS RATIO AVG 5Y
43.57%
DEBT TO ASSETS RATIO AVG 10Y
41.24%
DEBT TO ASSETS RATIO AVG 15Y
39.27%
DEBT TO ASSETS RATIO AVG 20Y
38.19%
CURRENT VS TTM AVG
+3.11%
CURRENT VS 3Y AVG
+4.94%
CURRENT VS 5Y AVG
+6.17%
CURRENT VS 10Y AVG
+12.17%
CURRENT VS 15Y AVG
+17.81%
CURRENT VS 20Y AVG
+21.13%
SECTOR MEDIAN · UTILITIES
0.44%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+10413.76%
vs the sector median at left
Xcel Energy Inc.
Market Cap
$48.02B
Debt to Assets Ratio
46.26%
TTM Avg
44.87%
3Y Avg
44.08%
5Y Avg
43.57%
Market Cap
$39.90B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.00B
Debt to Assets Ratio
0.42%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xcel Energy Inc. (XEL) | $48.02B | 46.26% | 44.87% | 44.08% | 43.57% |
| Entergy Corporation (ETR)vs › | $50.64B | 0.44% | N/A | N/A | N/A |
| Exelon Corporation (EXC)vs › | $45.28B | 0.43% | N/A | N/A | N/A |
| Vistra Corp. (VST)vs › | $51.16B | 0.47% | N/A | N/A | N/A |
| Sempra (SRE)vs › | $55.90B | 0.32% | N/A | N/A | N/A |
| Consolidated Edison, Inc. (ED)vs › | $39.90B | 0.37% | N/A | N/A | N/A |
| PG&E Corporation (PCG)vs › | $39.72B | 0.45% | N/A | N/A | N/A |
| Dominion Energy, Inc. (D)vs › | $58.24B | 0.44% | N/A | N/A | N/A |
| Public Service Enterprise Group Incorporated (PEG)vs › | $37.00B | 0.42% | N/A | N/A | N/A |
| WEC Energy Group, Inc. (WEC)vs › | $34.87B | 0.44% | N/A | N/A | N/A |
Debt/Assets
46.3%
Debt/Equity
1.68
Current Ratio
0.70
Interest Coverage
2.1x
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 | 46.26% |
| 2026-03-31 | 46.21% |
| 2025-12-31 | 42.74% |
| 2025-09-30 | 44.88% |
| 2025-06-30 | 44.24% |
| 2025-03-31 | 44.43% |
| 2024-12-31 | 43.13% |
| 2024-09-30 | 43.02% |
| 2024-06-30 | 44.99% |
| 2024-03-31 | 43.64% |
| 2023-12-31 | 42.94% |
| 2023-09-30 | 43.14% |
| 2023-06-30 | 43.47% |
| 2023-03-31 | 42.73% |
| 2022-12-31 | 42.54% |
| 2022-09-30 | 42.23% |
| 2022-06-30 | 42.57% |
| 2022-03-31 | 42.56% |
| 2021-12-31 | 42.76% |
| 2021-09-30 | 43.03% |
| 2021-06-30 | 43.50% |
| 2021-03-31 | 43.31% |
| 2020-12-31 | 41.16% |
| 2020-09-30 | 41.83% |
| 2020-06-30 | 43.49% |
| 2020-03-31 | 41.43% |
| 2019-12-31 | 40.53% |
| 2019-09-30 | 40.21% |
| 2019-06-30 | 40.74% |
| 2019-03-31 | 39.50% |
| 2018-12-31 | 37.50% |
| 2018-09-30 | 36.80% |
| 2018-06-30 | 38.09% |
| 2018-03-31 | 37.08% |
| 2017-12-31 | 36.70% |
| 2017-09-30 | 36.24% |
| 2017-06-30 | 36.74% |
| 2017-03-31 | 36.47% |
| 2016-12-31 | 36.06% |
| 2016-09-30 | 35.90% |
| 2016-06-30 | 36.12% |
| 2016-03-31 | 35.80% |
| 2015-12-31 | 35.60% |
| 2015-09-30 | 34.74% |
| 2015-06-30 | 35.03% |
| 2015-03-31 | 34.51% |
| 2014-12-31 | 34.57% |
| 2014-09-30 | 35.22% |
| 2014-06-30 | 36.11% |
| 2014-03-31 | 35.83% |
| 2013-12-31 | 35.24% |
| 2013-09-30 | 34.71% |
| 2013-06-30 | 35.49% |
| 2013-03-31 | 35.06% |
| 2012-12-31 | 35.34% |
| 2012-09-30 | 36.29% |
| 2012-06-30 | 35.21% |
| 2012-03-31 | 34.79% |
| 2011-12-31 | 34.33% |
| 2011-09-30 | 34.91% |
| 2011-06-30 | 35.62% |
| 2011-03-31 | 35.86% |
| 2010-12-31 | 35.73% |
| 2010-09-30 | 35.43% |
| 2010-06-30 | 35.54% |
| 2010-03-31 | 35.02% |
| 2009-12-31 | 34.88% |
| 2009-09-30 | 34.38% |
| 2009-06-30 | 35.56% |
| 2009-03-31 | 34.77% |
| 2008-12-31 | 35.04% |
| 2008-09-30 | 35.69% |
| 2008-06-30 | 36.06% |
| 2008-03-31 | 35.36% |
| 2007-12-31 | 34.80% |
| 2007-09-30 | 34.96% |
| 2007-06-30 | 33.79% |
| 2007-03-31 | 33.77% |
| 2006-12-31 | 33.76% |
| 2006-09-30 | 33.93% |
| 2006-06-30 | 33.80% |
| 2006-03-31 | 33.73% |
| 2005-12-31 | 34.55% |
| 2005-09-30 | 32.53% |
| 2005-06-30 | 34.25% |
| 2005-03-31 | 33.99% |
| 2004-12-31 | 34.62% |
| 2004-09-30 | 33.85% |
| 2004-06-30 | 33.94% |
| 2004-03-31 | 33.68% |
| 2003-12-31 | 33.22% |
| 2003-09-30 | 37.24% |
| 2003-06-30 | 37.77% |
| 2003-03-31 | 56.30% |
| 2002-12-31 | 23.41% |
| 2002-09-30 | 57.79% |
