Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
December 31, 2023 0.1278
September 30, 2023
Date Value
December 31, 2022 0.1608

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

0.1278
Minimum
Dec 2023
0.1608
Maximum
Dec 2022
0.1443
Average
0.1443
Median

Debt to Equity Ratio Benchmarks