IDEXX Laboratories Debt/Equity Ratio 2010-2024 | IDXX
- IDEXX Laboratories average debt/equity ratio for 2023 was 0.59, a 58.16% decline from 2022.
- IDEXX Laboratories average debt/equity ratio for 2022 was 1.41, a 30.56% decline from 2021.
- IDEXX Laboratories average debt/equity ratio for 2021 was 1.08, a 66.87% 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.