• Maximus average debt/equity ratio for 2023 was 0.73, a 18.89% decline from 2022.
• Maximus average debt/equity ratio for 2022 was 0.9, a 9.76% decline from 2021.
• Maximus average debt/equity ratio for 2021 was 0.82, a 1071.43% increase 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.