Tecnoglass Inc.TGLSNYSE
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Debt to Equity Over Time
Trending lower, below historical average, structural decline.
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Debt-to-equity ratio
Latest
0.17
↓ 86% below average
Average (9y)
1.20
Historical baseline
Range
High:2.11
Low:0.17
CAGR
-24.0%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.17 | -44.2% |
| 2023 | 0.31 | -36.2% |
| 2022 | 0.49 | -40.5% |
| 2021 | 0.82 | -24.4% |
| 2020 | 1.08 | -22.5% |
| 2019 | 1.39 | -23.9% |
| 2018 | 1.83 | -13.1% |
| 2017 | 2.11 | +20.5% |
| 2016 | 1.75 | -14.4% |
| 2015 | 2.04 | - |