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Debt to Equity Over Time
Trending higher, below historical average, structural decline.
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Debt-to-equity ratio

Latest
0.03
↓ 40% below average
Average (9y)
0.05
Historical baseline
Range
High:0.10
Low:0.02
CAGR
-12.1%
Structural decline
PeriodValueChange
20250.03+26.8%
20240.02-9.1%
20230.03-12.5%
20220.03-0.5%
20210.03+21.3%
20200.03-65.5%
20190.07-9.8%
20180.08-8.6%
20170.09-9.7%
20160.10-