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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
0.37
↓ 71% below average
Average (9y)
1.28
Historical baseline
Range
High:2.22
Low:0.37
CAGR
-16.4%
Structural decline
PeriodValueChange
20240.37-32.2%
20230.54-17.5%
20220.66-35.3%
20211.02-16.3%
20201.21-9.3%
20191.34-20.9%
20181.69-23.9%
20172.22+13.4%
20161.96+6.7%
20151.83-