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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio

Latest
0.29
↓ 57% below average
Average (9y)
0.67
Historical baseline
Range
High:1.19
Low:0.29
CAGR
-9.2%
Structural decline
PeriodValueChange
20240.29-40.7%
20230.49+45.0%
20220.34-55.8%
20210.76-25.4%
20201.02+13.2%
20190.90-24.7%
20181.19+58.3%
20170.75+157.6%
20160.29-57.3%
20150.69-