• Howden Joinery average debt/equity ratio for 2023 was 0.66, a 3.13% decline from 2022.
• Howden Joinery average debt/equity ratio for 2022 was 0.64, a 4.92% increase from 2021.
• Howden Joinery average debt/equity ratio for 2021 was 0.61, a 20.78% 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.