Lloyds Banking Group Debt/Equity Ratio 2010-2024 | LYG
- Lloyds Banking Group average debt/equity ratio for 2023 was 1.83, a 7.02% decline from 2022.
- Lloyds Banking Group average debt/equity ratio for 2022 was 1.71, a 12.76% increase from 2021.
- Lloyds Banking Group average debt/equity ratio for 2021 was 1.96, a 12.11% 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.