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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
0.03
↓ 71% below average
Average (9y)
0.10
Historical baseline
Range
High:0.26
Low:0.03
CAGR
-17.8%
Structural decline
PeriodValueChange
20240.03-42.8%
20230.05+83.5%
20220.03-9.9%
20210.03-2.8%
20200.03-11.8%
20190.04-78.6%
20180.17-20.8%
20170.21-20.1%
20160.26+56.6%
20150.17-