• British Land average debt/equity ratio for 2023 was 0.35, a 12.9% increase from 2022.
• British Land average debt/equity ratio for 2022 was 0.31, a 20.51% increase from 2021.
• British Land average debt/equity ratio for 2021 was 0.39, a 13.33% 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.