Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.8221
June 30, 2024 2.644
Date Value
March 31, 2024 2.113
December 31, 2023 0.0289

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

0.0289
Minimum
Dec 2023
2.644
Maximum
Jun 2024
1.402
Average
1.468
Median