Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.4706
June 30, 2024 0.5881
March 31, 2024 0.5381
December 31, 2023 0.4687
Date Value
September 30, 2023 0.617
June 30, 2023 0.5327
March 31, 2023 0.4872
December 31, 2022 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
Dec 2022
0.617
Maximum
Sep 2023
0.4628
Average
0.51
Median