Tennant CompanyTNCNYSE
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Debt to Equity Over Time
Below historical average, strong compound growth.
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Debt-to-equity ratio
Latest
0.41
↓ 40% below average
Average (9y)
0.68
Historical baseline
Range
High:1.27
Low:0.10
CAGR
+17.3%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | 0.41 | -2.5% |
| 2023 | 0.42 | -40.5% |
| 2022 | 0.71 | -1.0% |
| 2021 | 0.71 | -18.3% |
| 2020 | 0.87 | -18.5% |
| 2019 | 1.07 | -5.1% |
| 2018 | 1.13 | -11.1% |
| 2017 | 1.27 | +878.1% |
| 2016 | 0.13 | +32.9% |
| 2015 | 0.10 | - |