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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
0.41
↓ 24% below average
Average (9y)
0.54
Historical baseline
Range
High:1.25
Low:0.12
CAGR
-11.8%
Structural decline
PeriodValueChange
20240.41-45.4%
20230.75+28.6%
20220.58+11.1%
20210.52+340.2%
20200.12-11.3%
20190.13-78.0%
20180.61-6.7%
20170.65+83.9%
20160.35-71.7%
20151.25-