Kone Oyj Debt/Equity Ratio 2019-2024 | KNYJY
- Kone Oyj average debt/equity ratio for 2023 was 0.18, a 5.88% decline 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.