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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
0.48
↓ 78% below average
Average (9y)
2.24
Historical baseline
Range
High:4.44
Low:0.48
CAGR
-16.2%
Structural decline
PeriodValueChange
20240.48-28.0%
20230.67-68.1%
20222.10+0.4%
20212.09+18.6%
20201.76-19.8%
20192.20-17.7%
20182.67-26.2%
20173.62-18.5%
20164.44+87.9%
20152.36-