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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
0.04
↓ 38% below average
Average (9y)
0.07
Historical baseline
Range
High:0.15
Low:0.03
CAGR
-12.4%
Structural decline
PeriodValueChange
20240.04-16.7%
20230.05-17.2%
20220.06+12.0%
20210.06-7.3%
20200.06-18.5%
20190.08-18.1%
20180.09+221.5%
20170.03-66.7%
20160.09-40.3%
20150.15-