ConocoPhillips (XSWX:COP) Debt-to-Asset : 0.19 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:COP ConocoPhillips XSWX:COP
76 GF Score
Price CHF95.99
GF Value CHF90.90
! 3 Warning Signs
View Full Analysis

What is ConocoPhillips Debt-to-Asset?

ConocoPhillips XSWX:COP +0.38% 76 Debt-to-Asset is 0.19 as of Mar. 2026. GuruFocus rates XSWX:COP with a GF Score™ of 76/100 and a GF Value™ of CHF90.90. The stock has 3 warning signs investors should review.

ConocoPhillips's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF838 Mil. ConocoPhillips's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF17,527 Mil. ConocoPhillips's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was CHF96,621 Mil. ConocoPhillips's debt to asset for the quarter that ended in Mar. 2026 was 0.19.


ConocoPhillips  (XSWX:COP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


ConocoPhillips Debt-to-Asset Related Terms


ConocoPhillips Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for ConocoPhillips's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ConocoPhillips Debt-to-Asset Chart

ConocoPhillips Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.18 0.20 0.20 0.19

ConocoPhillips Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.19 0.19 0.19 0.19

XSWX:COP vs EOG, FANG, OXY: Debt-to-Asset Comparison

For the Oil & Gas E&P subindustry, ConocoPhillips's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ConocoPhillips Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ConocoPhillips's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where ConocoPhillips's Debt-to-Asset falls into.


XSWX:COP
76GF Score
ConocoPhillips XSWX:COP
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ConocoPhillips Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ConocoPhillips's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(812.838 + 17869.686) / 97173.189
=0.19

ConocoPhillips's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(838.475 + 17526.873) / 96621.393
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.19 mean?
ConocoPhillips (XSWX:COP) has a Debt-to-Asset of 0.19 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on ConocoPhillips and its competitors.
Is ConocoPhillips' Debt-to-Asset too high?
ConocoPhillips' current Debt-to-Asset is 0.19. Overall, ConocoPhillips has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does ConocoPhillips' Debt-to-Asset compare to EOG and FANG?
ConocoPhillips' Debt-to-Asset of 0.19 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on ConocoPhillips and its competitors. ConocoPhillips's current Debt-to-Asset is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ConocoPhillips stock overvalued right now?
ConocoPhillips (XSWX:COP) has a current Debt-to-Asset of 0.19. The stock's GF Value™ is CHF90.90, compared to a current price of CHF95.99 — trading 5.6% above its estimated fair value. The current Debt-to-Asset is 0.19. ConocoPhillips' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For ConocoPhillips (XSWX:COP), the current Debt-to-Asset is 0.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ConocoPhillips (XSWX:COP) Overvalued in 2026?

Based on GuruFocus' analysis, ConocoPhillips stock appears to be overvalued. The current stock price of CHF95.99 is trading 5.6% above its estimated GF Value™ of CHF90.90.

Key valuation signals for XSWX:COP:

  • Debt-to-Asset: 0.19
  • GF Value™: CHF90.90 vs. price of CHF95.99 (5.6% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the XSWX:COP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ConocoPhillips Business Description

Industry EnergyOil & Gas
Address 925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a US-based independent exploration and production firm. Its operations are primarily in Alaska and the Lower 48, with footprints in Canada, Europe, Asia-Pacific, the Middle East, and Africa. It also has substantial integrated LNG production and marketing activities across geographies.
76GF Score

Get the complete analysis for XSWX:COP

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF95.99
Price
CHF90.90
GF Value