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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
0.03
↓ 83% below average
Average (7y)
0.16
Historical baseline
Range
High:0.37
Low:0.03
CAGR
-22.6%
Structural decline
PeriodValueChange
20240.03-50.9%
20230.06-12.9%
20220.06-65.7%
20210.19-28.5%
20200.26-30.0%
20190.37+185.7%
20180.13-20.7%
20170.16-