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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio

Latest
0.13
↓ 64% below average
Average (9y)
0.38
Historical baseline
Range
High:0.63
Low:0.13
CAGR
-9.4%
Structural decline
PeriodValueChange
20240.13-43.4%
20230.24-31.6%
20220.35-6.7%
20210.37-11.0%
20200.42+0.2%
20190.42-5.1%
20180.44-3.6%
20170.45-28.1%
20160.63+94.9%
20150.32-