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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
0.34
↓ 37% below average
Average (9y)
0.54
Historical baseline
Range
High:0.86
Low:0.34
CAGR
-9.9%
Structural decline
PeriodValueChange
20240.34-18.3%
20230.41+0.4%
20220.41-7.0%
20210.44-15.3%
20200.52+2.6%
20190.51+5.2%
20180.48-22.8%
20170.62-20.4%
20160.78-8.9%
20150.86-