Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
June 30, 2024 14.04
March 31, 2024 0.5659
December 31, 2023 0.2483
Date Value
September 30, 2023 0.3012
June 30, 2023 0.00
March 31, 2023 0.00

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

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Minimum
Mar 2023
14.04
Maximum
Jun 2024
2.526
Average
0.2747
Median

Debt to Equity Ratio Benchmarks