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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
0.15
↓ 70% below average
Average (9y)
0.48
Historical baseline
Range
High:0.96
Low:0.15
CAGR
-18.8%
Structural decline
PeriodValueChange
20250.15-45.0%
20240.27-23.8%
20230.35-20.1%
20220.44-15.2%
20210.52-12.8%
20200.59+35.6%
20190.44-11.8%
20180.49-21.5%
20170.63-34.1%
20160.96-