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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
0.17
↓ 39% below average
Average (9y)
0.28
Historical baseline
Range
High:0.51
Low:0.17
CAGR
-11.1%
Structural decline
PeriodValueChange
20240.17-66.5%
20230.51+49.8%
20220.34+59.7%
20210.21+21.9%
20200.18-15.9%
20190.21-23.1%
20180.27+20.4%
20170.23+27.8%
20160.18-64.4%
20150.50-