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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
0.02
↓ 45% below average
Average (9y)
0.03
Historical baseline
Range
High:0.05
Low:0.02
CAGR
-11.2%
Structural decline
PeriodValueChange
20240.02-13.1%
20230.02-19.4%
20220.03-10.8%
20210.03-7.6%
20200.03+2.9%
20190.03-5.3%
20180.03-21.1%
20170.04-12.2%
20160.05-12.0%
20150.05-