• Lonza Group Ag average debt/equity ratio for 2023 was 0.26, a 52.94% increase from 2022.
• Lonza Group Ag average debt/equity ratio for 2022 was 0.17, a 45.16% increase from 2021.
• Lonza Group Ag average debt/equity ratio for 2021 was 0.31, a 34.04% 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.