• DaVita average debt/equity ratio for 2023 was 7.01, a 34.49% increase from 2022.
• DaVita average debt/equity ratio for 2022 was 10.7, a 52.2% decline from 2021.
• DaVita average debt/equity ratio for 2021 was 7.03, a 66.59% increase 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.