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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
0.22
↓ 40% below average
Average (8y)
0.37
Historical baseline
Range
High:0.53
Low:0.22
CAGR
-7.8%
Structural decline
PeriodValueChange
20240.22-18.4%
20230.27-17.6%
20220.33-17.9%
20210.40-15.2%
20200.47-11.6%
20190.53+77.4%
20180.30-18.9%
20170.37-12.4%
20160.42-