• Amphenol average debt/equity ratio for 2023 was 0.53, a 26.39% decline from 2022.
• Amphenol average debt/equity ratio for 2022 was 0.72, a 7.69% decline from 2021.
• Amphenol average debt/equity ratio for 2021 was 0.78, a 2.5% 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.