• Banco Bilbao Viscaya Argentaria S.A average debt/equity ratio for 2023 was 0.92, a 17.12% decline from 2022.
• Banco Bilbao Viscaya Argentaria S.A average debt/equity ratio for 2022 was 1.11, a 88.14% decline from 2021.
• Banco Bilbao Viscaya Argentaria S.A average debt/equity ratio for 2021 was 0.59, a 39.8% 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.