Legal & General Group Debt/Equity Ratio 2010-2024 | LGGNY
- Legal & General Group average debt/equity ratio for 2023 was 1.19, a 153.19% increase from 2022.
- Legal & General Group average debt/equity ratio for 2022 was 0.47, a 7.84% increase from 2021.
- Legal & General Group average debt/equity ratio for 2021 was 0.51, a 13.56% 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.