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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
0.36
↓ 27% below average
Average (9y)
0.49
Historical baseline
Range
High:0.73
Low:0.15
CAGR
-6.1%
Structural decline
PeriodValueChange
20240.36-29.5%
20230.51+30.7%
20220.39-46.1%
20210.73+64.6%
20200.44+186.2%
20190.15-62.7%
20180.41-40.8%
20170.70+12.5%
20160.62-2.2%
20150.63-