Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.8689
June 30, 2024 1.062
March 31, 2024 1.035
December 31, 2023 2.022
Date Value
September 30, 2023 1.93
June 30, 2023 1.921
March 31, 2023 1.903
December 31, 2022 1.828

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

0.8689
Minimum
Sep 2024
2.022
Maximum
Dec 2023
1.571
Average
1.866
Median