Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
March 31, 2024 0.1731
September 30, 2023 0.5693
March 31, 2023 0.2349
September 30, 2022 0.081
March 31, 2022 0.1246
September 30, 2021 0.0017
March 31, 2021 0.0027
Date Value
September 30, 2020 0.0033
March 31, 2020 0.7152
September 30, 2019 0.5185
March 31, 2019 0.0273
September 30, 2018 0.0486
March 31, 2018 0.1172

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

0.0017
Minimum
Sep 2021
0.7152
Maximum
Mar 2020
0.2118
Average
0.1246
Median
Mar 2022

Debt to Equity Ratio Benchmarks