Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
June 30, 2024 0.3372
December 31, 2023 0.0328
Date Value
June 30, 2023 0.144
December 31, 2022 0.0181

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

0.0181
Minimum
Dec 2022
0.3372
Maximum
Jun 2024
0.133
Average
0.0884
Median

Debt to Equity Ratio Benchmarks