JAPAN TOB Debt/Equity Ratio 2016-2024 | JAPAY
- JAPAN TOB average debt/equity ratio for 2023 was 0.23, a 14.81% decline from 2022.
- JAPAN TOB average debt/equity ratio for 2022 was 0.27, a 12.9% decline from 2021.
- JAPAN TOB average debt/equity ratio for 2021 was 0.31, a 0% 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.