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

Latest
0.15
↓ 64% below average
Average (9y)
0.40
Historical baseline
Range
High:0.61
Low:0.14
CAGR
-14.4%
Structural decline
PeriodValueChange
20240.15+2.5%
20230.14-22.4%
20220.18-57.3%
20210.43+10.9%
20200.39-8.2%
20190.42-19.3%
20180.52-14.2%
20170.61+6.8%
20160.57-4.0%
20150.60-