• EBay average debt/equity ratio for 2023 was 1.29, a 2.38% decline from 2022.
• EBay average debt/equity ratio for 2022 was 1.26, a 36.96% increase from 2021.
• EBay average debt/equity ratio for 2021 was 0.92, a 67.38% 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.