• Rogers Communication average debt/equity ratio for 2023 was 3.44, a 16.61% increase from 2022.
• Rogers Communication average debt/equity ratio for 2022 was 2.95, a 92.81% increase from 2021.
• Rogers Communication average debt/equity ratio for 2021 was 1.53, a 13.07% 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.