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

Latest
0.45
↓ 65% below average
Average (9y)
1.28
Historical baseline
Range
High:1.78
Low:0.45
CAGR
-14.1%
Structural decline
PeriodValueChange
20240.45-9.0%
20230.50-46.0%
20220.92-29.3%
20211.30-8.6%
20201.42-3.6%
20191.48-3.4%
20181.53-8.6%
20171.67-5.9%
20161.77-0.2%
20151.78-