Applied Industrial Technologies Debt/Equity Ratio 2010-2024 | AIT
- Applied Industrial Technologies average debt/equity ratio for 2023 was 0.4, a 27.27% decline from 2022.
- Applied Industrial Technologies average debt/equity ratio for 2022 was 0.55, a 28.57% decline from 2021.
- Applied Industrial Technologies average debt/equity ratio for 2021 was 0.77, a 19.79% decline from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.