Drax Group Debt-to-Assets Ratio Growth & History (DRX)

Drax Group's debt-to-assets ratio was 0.24 for fiscal 2025.

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Drax Group annual debt-to-assets ratio history

Drax Group annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20252025-12-310.24−0.00−0.12%
20242024-12-310.24−0.02−7.17%
20232023-12-310.26−0.01−3.75%
20222022-12-310.270.01+5.22%
20212021-12-310.26−0.01−2.33%
20202020-12-310.26

Drax Group debt-to-assets ratio trends

Over the last five fiscal years, Drax Group's debt-to-assets ratio decreased from 0.26 to 0.24, a change of −0.02. The latest reported quarter, Q4 2025, shows 0.24.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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