PPG Industries Debt/Equity Ratio 2010-2024 | PPG
- PPG Industries average debt/equity ratio for 2023 was 0.8, a 23.81% decline from 2022.
- PPG Industries average debt/equity ratio for 2022 was 1.05, a 8.25% decline from 2021.
- PPG Industries average debt/equity ratio for 2021 was 0.97, a 5.43% 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.