• Autoliv average debt/equity ratio for 2023 was 0.54, a 17.39% increase from 2022.
• Autoliv average debt/equity ratio for 2022 was 0.46, a 33.33% increase from 2021.
• Autoliv average debt/equity ratio for 2021 was 0.69, a 34.29% 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.