MONOTARO Debt/Equity Ratio 2017-2024 | MONOY
- MONOTARO average debt/equity ratio for 2023 was 0.03, a 75% decline from 2022.
- MONOTARO average debt/equity ratio for 2022 was 0.12, a 36.84% decline from 2021.
- MONOTARO average debt/equity ratio for 2021 was 0.19, a 1800% 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.