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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
0.21
↓ 64% below average
Average (5y)
0.58
Historical baseline
Range
High:0.85
Low:0.21
CAGR
-21.5%
Structural decline
PeriodValueChange
20240.21-65.9%
20230.61+21.5%
20220.50-19.6%
20210.62-26.8%
20200.85+22.4%
20190.70-