• Henderson Land Development average debt/equity ratio for 2022 was 0.19, a 0% decline from 2021.
• Henderson Land Development average debt/equity ratio for 2021 was 0.19, a 17.39% decline from 2020.
• Henderson Land Development average debt/equity ratio for 2020 was 0.23, a 4.17% decline from 2019.

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.