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

Latest
0.14
↓ 55% below average
Average (9y)
0.32
Historical baseline
Range
High:0.59
Low:0.10
CAGR
-13.6%
Structural decline
PeriodValueChange
20250.14+5.0%
20240.14+41.9%
20230.10-16.0%
20220.11-66.0%
20210.34-33.9%
20200.51+75.2%
20190.29-35.7%
20180.45-23.5%
20170.59+11.2%
20160.53-