• Comstock Resources average debt/equity ratio for 2023 was 1.02, a 43.02% increase from 2022.
• Comstock Resources average debt/equity ratio for 2022 was 1.79, a 42.07% decline from 2021.
• Comstock Resources average debt/equity ratio for 2021 was 3.09, a 51.47% 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.