TORNTPHARM.NSTORNTPHARM.NS
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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
Left:
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Debt-to-equity ratio
Latest
0.42
↓ 51% below average
Average (9y)
0.86
Historical baseline
Range
High:1.40
Low:0.42
CAGR
-5.4%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2025 | 0.42 | -28.1% |
| 2024 | 0.59 | -32.3% |
| 2023 | 0.87 | +26.7% |
| 2022 | 0.68 | -18.1% |
| 2021 | 0.84 | -31.0% |
| 2020 | 1.21 | -5.3% |
| 2019 | 1.28 | -8.6% |
| 2018 | 1.40 | +142.3% |
| 2017 | 0.58 | -17.3% |
| 2016 | 0.70 | - |