• Ameriprise Financial average debt/equity ratio for 2023 was 1.39, a 11.2% decline from 2022.
• Ameriprise Financial average debt/equity ratio for 2022 was 1.25, a 35.87% increase from 2021.
• Ameriprise Financial average debt/equity ratio for 2021 was 0.92, a 29.58% increase 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.