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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
↓ 67% below average
Average (9y)
0.10
Historical baseline
Range
High:0.23
Low:0.00
CAGR
-11.0%
Structural decline
PeriodValueChange
20240.03-29.4%
20230.04-61.2%
20220.12+84.3%
20210.06+17.2%
20200.05-55.1%
20190.12-45.4%
20180.22+38878.7%
20170.00-99.8%
20160.23+160.3%
20150.09-