ICON Debt/Equity Ratio 2010-2024 | ICLR
- ICON average debt/equity ratio for 2023 was 0.46, a 22.03% decline from 2022.
- ICON average debt/equity ratio for 2022 was 0.59, a 34.09% decline from 2021.
- ICON average debt/equity ratio for 2021 was 0.44, a 780% 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.