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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
0.23
↓ 55% below average
Average (9y)
0.52
Historical baseline
Range
High:0.80
Low:0.23
CAGR
-10.6%
Structural decline
PeriodValueChange
20240.23-14.1%
20230.27-9.1%
20220.30+3.5%
20210.29-55.9%
20200.66-12.8%
20190.76-5.4%
20180.80+28.3%
20170.62-5.3%
20160.66+2.4%
20150.64-