• Host Hotels & Resorts average debt/equity ratio for 2023 was 0.61, a 3.17% increase from 2022.
• Host Hotels & Resorts average debt/equity ratio for 2022 was 0.63, a 27.59% decline from 2021.
• Host Hotels & Resorts average debt/equity ratio for 2021 was 0.87, a 8.75% 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.