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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
0.11
↓ 31% below average
Average (9y)
0.16
Historical baseline
Range
High:0.20
Low:0.11
CAGR
-6.1%
Structural decline
PeriodValueChange
20240.11-27.4%
20230.16-6.5%
20220.17-15.0%
20210.20+44.2%
20200.14-28.1%
20190.19+9.9%
20180.17-8.7%
20170.19+50.9%
20160.13-37.2%
20150.20-