• Bank Of New York Mellon average debt/equity ratio for 2023 was 0.79, a 14.49% decline from 2022.
• Bank Of New York Mellon average debt/equity ratio for 2022 was 0.69, a 16.95% increase from 2021.
• Bank Of New York Mellon average debt/equity ratio for 2021 was 0.59, a 6.35% 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.