Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
March 31, 2024 0.2329
September 30, 2023 0.7239
Date Value
March 31, 2023 0.5023
September 30, 2022 1.222

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

0.2329
Minimum
Mar 2024
1.222
Maximum
Sep 2022
0.6704
Average
0.6131
Median

Debt to Equity Ratio Benchmarks