Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
June 30, 2024 0.0358
December 31, 2023 0.0292
June 30, 2023 0.025
December 31, 2022 0.0018
June 30, 2022 0.0019
Date Value
December 31, 2021 0.0024
June 30, 2021 0.0093
December 31, 2017 0.2651
June 30, 2017 0.2801

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

0.0018
Minimum
Dec 2022
0.0358
Maximum
Jun 2024
0.0151
Average
0.0093
Median
Jun 2021