• Entegris average debt/equity ratio for 2023 was 1.6, a 9.59% decline from 2022.
• Entegris average debt/equity ratio for 2022 was 1.46, a 131.75% increase from 2021.
• Entegris average debt/equity ratio for 2021 was 0.63, a 28.41% 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.