Kone Oyj Debt/Equity Ratio 2019-2024 | KNYJY

Kone Oyj debt/equity ratio for the quarter ending March 31, 2024 was 0.22.

  • Kone Oyj average debt/equity ratio for 2023 was 0.18, a 5.88% increase from 2022.
  • Kone Oyj average debt/equity ratio for 2022 was 0.17, a 21.43% increase from 2021.
  • Kone Oyj average debt/equity ratio for 2021 was 0.14, a 7.69% 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.

Kone Oyj Debt/Equity Ratio 2019-2024 | KNYJY

  • Kone Oyj average debt/equity ratio for 2023 was 0.18, a 5.88% increase from 2022.
  • Kone Oyj average debt/equity ratio for 2022 was 0.17, a 21.43% increase from 2021.
  • Kone Oyj average debt/equity ratio for 2021 was 0.14, a 7.69% 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.