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Debt to Equity Over Time
Below historical average, slight contraction.
Left:
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Debt-to-equity ratio

Latest
0.38
↓ 52% below average
Average (9y)
0.79
Historical baseline
Range
High:1.40
Low:0.38
CAGR
-7.0%
Structural decline
PeriodValueChange
20240.38-4.4%
20230.40-29.1%
20220.56-9.6%
20210.62-12.3%
20200.70-41.3%
20191.20-14.3%
20181.40+18.5%
20171.18+49.8%
20160.79+8.1%
20150.73-