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Debt to Equity Over Time
Below historical average, structural decline.
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Debt-to-equity ratio

Latest
0.23
↓ 49% below average
Average (9y)
0.45
Historical baseline
Range
High:0.96
Low:0.23
CAGR
-14.7%
Structural decline
PeriodValueChange
20240.23-5.0%
20230.24-3.1%
20220.25+1.1%
20210.25-19.8%
20200.31-39.9%
20190.51-9.8%
20180.57+2.2%
20170.56-9.3%
20160.61-36.3%
20150.96-