Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
May 31, 2024 2.216
November 30, 2023 0.4506
May 31, 2023 0.7088
Date Value
November 30, 2022 0.521
May 31, 2022 0.9021

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

0.4506
Minimum
Nov 2023
2.216
Maximum
May 2024
0.9597
Average
0.7088
Median
May 2023

Debt to Equity Ratio Benchmarks

Debt to Equity Ratio Related Metrics