McCormick Debt/Equity Ratio 2010-2024 | MKC

McCormick debt/equity ratio for the quarter ending August 31, 2024 was 0.61.

  • McCormick average debt/equity ratio for 2023 was 0.73, a 13.1% decline from 2022.
  • McCormick average debt/equity ratio for 2022 was 0.84, a 16.83% decline from 2021.
  • McCormick average debt/equity ratio for 2021 was 1.01, a 0% 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.

McCormick Debt/Equity Ratio 2010-2024 | MKC

  • McCormick average debt/equity ratio for 2023 was 0.73, a 13.1% decline from 2022.
  • McCormick average debt/equity ratio for 2022 was 0.84, a 16.83% decline from 2021.
  • McCormick average debt/equity ratio for 2021 was 1.01, a 0% 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.
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