• Boston Scientific average debt/equity ratio for 2023 was 0.45, a 11.76% decline from 2022.
• Boston Scientific average debt/equity ratio for 2022 was 0.51, a 7.27% decline from 2021.
• Boston Scientific average debt/equity ratio for 2021 was 0.55, a 11.29% 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.