Packaging Of America Debt/Equity Ratio 2010-2024 | PKG
- Packaging Of America average debt/equity ratio for 2023 was 0.62, a 4.62% decline from 2022.
- Packaging Of America average debt/equity ratio for 2022 was 0.65, a 8.45% decline from 2021.
- Packaging Of America average debt/equity ratio for 2021 was 0.71, a 10.13% 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.