Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
December 31, 2023 2.02
September 30, 2023
June 30, 2023 1.942
March 31, 2023
Date Value
December 31, 2022 1.986
September 30, 2022
June 30, 2022 1.438

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

1.438
Minimum
Jun 2022
2.02
Maximum
Dec 2023
1.846
Average
1.964
Median