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Debt to Equity Over Time
Trending lower, below historical average, structural decline.
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Debt-to-equity ratio

Latest
0.38
↓ 35% below average
Average (9y)
0.59
Historical baseline
Range
High:1.03
Low:0.38
CAGR
-10.4%
Structural decline
PeriodValueChange
20240.38-24.1%
20230.51+21.2%
20220.42-9.9%
20210.46-12.7%
20200.53-1.7%
20190.54-4.9%
20180.57-17.4%
20170.69-14.4%
20160.80-22.3%
20151.03-