• Hongkong Land Holdings average debt/equity ratio for 2023 was 0.18, a 10% decline from 2022.
• Hongkong Land Holdings average debt/equity ratio for 2022 was 0.2, a 17.65% decline from 2021.
• Hongkong Land Holdings average debt/equity ratio for 2021 was 0.17, a 0% 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.