• DANSKE BANK average debt/equity ratio for 2023 was 7.35, a 0.41% decline from 2022.
• DANSKE BANK average debt/equity ratio for 2022 was 7.32, a 6.39% increase from 2021.
• DANSKE BANK average debt/equity ratio for 2021 was 7.82, a 6.12% 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.