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

Latest
0.39
↓ 41% below average
Average (8y)
0.66
Historical baseline
Range
High:1.68
Low:0.39
CAGR
-16.7%
Structural decline
PeriodValueChange
20240.39-4.8%
20230.41-5.7%
20220.43-10.9%
20210.49-15.6%
20200.58+17.6%
20190.49-3.2%
20180.51-46.1%
20170.94-43.9%
20161.68-