• Fairfax Financial Holdings average debt/equity ratio for 2023 was 0.35, a 12.5% increase from 2022.
• Fairfax Financial Holdings average debt/equity ratio for 2022 was 0.4, a 4.76% decline from 2021.
• Fairfax Financial Holdings average debt/equity ratio for 2021 was 0.42, a 22.22% 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.