Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.0506
June 30, 2024 0.0621
March 31, 2024 0.0711
Date Value
December 31, 2023 -0.2909
September 30, 2023 0.1089

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

-0.2909
Minimum
Dec 2023
0.1089
Maximum
Sep 2023
0.0004
Average
0.0621
Median
Jun 2024