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Debt to Equity Over Time
Below historical average, structural decline.
Left:
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Debt-to-equity ratio

Latest
0.18
↓ 51% below average
Average (9y)
0.38
Historical baseline
Range
High:0.62
Low:0.18
CAGR
-11.6%
Structural decline
PeriodValueChange
20240.18-3.6%
20230.19-27.5%
20220.26+16.9%
20210.22-18.6%
20200.28-5.4%
20190.29-48.7%
20180.57-8.9%
20170.62+8.9%
20160.57+2.4%
20150.56-