Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.3911
June 30, 2024 0.2429
Date Value
March 31, 2024 0.0661
December 31, 2023 1.378

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

0.0661
Minimum
Mar 2024
1.378
Maximum
Dec 2023
0.5196
Average
0.317
Median

Debt to Equity Ratio Benchmarks