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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio

Latest
0.12
↓ 20% below average
Average (9y)
0.15
Historical baseline
Range
High:0.29
Low:0.07
CAGR
-9.2%
Structural decline
PeriodValueChange
20250.12-12.4%
20240.14+102.3%
20230.07-51.7%
20220.14-20.8%
20210.18+82.2%
20200.10-20.6%
20190.12-20.3%
20180.15-20.7%
20170.19-32.6%
20160.29-