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

Latest
0.02
↓ 21% below average
Average (5y)
0.03
Historical baseline
Range
High:0.04
Low:0.01
CAGR
-10.2%
Structural decline
PeriodValueChange
20240.02+2.5%
20230.02+40.7%
20220.01-47.3%
20210.03-29.8%
20200.04+9.3%
20190.04-