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

Latest
1.04
↓ 27% below average
Average (9y)
1.42
Historical baseline
Range
High:2.84
Low:0.66
CAGR
-10.6%
Structural decline
PeriodValueChange
20251.04+9.9%
20240.95+14.9%
20230.82+24.7%
20220.66-44.6%
20211.19-24.6%
20201.58+8.1%
20191.46-3.4%
20181.51-30.2%
20172.17-23.6%
20162.84-