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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
↓ 84% below average
Average (7y)
0.25
Historical baseline
Range
High:0.65
Low:0.03
CAGR
-32.8%
Structural decline
PeriodValueChange
20240.04-68.2%
20230.13+37.2%
20220.09+263.0%
20210.03-90.9%
20200.28-19.2%
20190.34-29.4%
20180.49-24.6%
20170.65-