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Debt to Equity Over Time
Trending lower, below historical average, strong compound growth.
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Debt-to-equity ratio

Latest
0.23
↓ 28% below average
Average (9y)
0.32
Historical baseline
Range
High:0.52
Low:0.04
CAGR
+13.6%
Consistent expansion
PeriodValueChange
20240.23-41.1%
20230.39-21.8%
20220.50+5.7%
20210.48-8.6%
20200.52+24.7%
20190.42+18.3%
20180.35+83.9%
20170.19+406.6%
20160.04-48.3%
20150.07-