Danone Debt/Equity Ratio 2010-2023 | DANOY
- Danone average debt/equity ratio for 2022 was 0.62, a 16.22% increase from 2021.
- Danone average debt/equity ratio for 2021 was 0.74, a 9.76% decline from 2020.
- Danone average debt/equity ratio for 2020 was 0.82, a 1.23% decline from 2019.
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.