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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
0.28
↓ 17% below average
Average (9y)
0.34
Historical baseline
Range
High:0.66
Low:0.19
CAGR
-9.0%
Structural decline
PeriodValueChange
20240.28-20.5%
20230.35-0.2%
20220.36+42.1%
20210.25+30.9%
20200.19-20.4%
20190.24+4.4%
20180.23-38.8%
20170.38-19.7%
20160.47-29.0%
20150.66-