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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
0.28
↓ 37% below average
Average (9y)
0.44
Historical baseline
Range
High:0.85
Low:0.20
CAGR
-11.7%
Structural decline
PeriodValueChange
20240.28-55.9%
20230.63+2.1%
20220.61+7.2%
20210.57+6.1%
20200.54+137.2%
20190.23+11.7%
20180.20-4.2%
20170.21-9.7%
20160.24-72.3%
20150.85-