• Genpact average debt/equity ratio for 2023 was 0.57, a 9.52% decline from 2022.
• Genpact average debt/equity ratio for 2022 was 0.63, a 14.86% decline from 2021.
• Genpact average debt/equity ratio for 2021 was 0.74, a 5.13% 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.