Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
March 31, 2024 19.75
December 31, 2023 29.05
September 30, 2023 6.91
June 30, 2023 3.832
March 31, 2023 3.063
December 31, 2022 5.753
Date Value
September 30, 2022 5.659
June 30, 2022 4.524
March 31, 2022 5.031
December 31, 2021 4.661
September 30, 2021 2.509
June 30, 2021 2.652

Debt to Equity Ratio Definition

The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.

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Debt to Equity Ratio Range, Past 5 Years

2.509
Minimum
Sep 2021
29.05
Maximum
Dec 2023
7.783
Average
4.846
Median