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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
0.38
↓ 64% below average
Average (9y)
1.08
Historical baseline
Range
High:1.42
Low:0.38
CAGR
-9.7%
Structural decline
PeriodValueChange
20240.38-71.1%
20231.33+9.1%
20221.22-14.4%
20211.42+15.7%
20201.23+16.1%
20191.06+16.0%
20180.91-28.0%
20171.27+26.6%
20161.00+4.4%
20150.96-