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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
0.16
↓ 33% below average
Average (9y)
0.24
Historical baseline
Range
High:0.43
Low:0.16
CAGR
-10.6%
Structural decline
PeriodValueChange
20240.16-10.8%
20230.18-11.8%
20220.20-21.7%
20210.26+6.3%
20200.24+25.0%
20190.19-42.0%
20180.33+60.3%
20170.21+23.1%
20160.17-60.9%
20150.43-