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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
0.03
↓ 84% below average
Average (9y)
0.20
Historical baseline
Range
High:0.35
Low:0.03
CAGR
-23.1%
Structural decline
PeriodValueChange
20240.03-60.2%
20230.08-27.9%
20220.11-17.3%
20210.14-26.0%
20200.19-14.7%
20190.22-30.3%
20180.32+6.2%
20170.30+2.5%
20160.29-16.9%
20150.35-