• Levi Strauss average debt/equity ratio for 2023 was 0.51, a 8.93% increase from 2022.
• Levi Strauss average debt/equity ratio for 2022 was 0.56, a 29.11% decline from 2021.
• Levi Strauss average debt/equity ratio for 2021 was 0.79, a 28.18% 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.