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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
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Debt-to-equity ratio

Latest
0.48
↓ 43% below average
Average (9y)
0.85
Historical baseline
Range
High:1.41
Low:0.48
CAGR
-6.0%
Structural decline
PeriodValueChange
20240.48-24.7%
20230.64+7.3%
20220.60-11.2%
20210.67-38.7%
20201.09+23.4%
20190.89-23.1%
20181.15+67.2%
20170.69-51.2%
20161.41+67.4%
20150.84-