Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
June 30, 2024 0.2948
March 31, 2024 0.2312
Date Value
June 30, 2023 0.2047

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

0.2047
Minimum
Jun 2023
0.2948
Maximum
Jun 2024
0.2436
Average
0.2312
Median
Mar 2024

Debt to Equity Ratio Benchmarks