Reliance Debt/Equity Ratio 2010-2025 | RS
- Reliance average debt/equity ratio for 2024 was 0.13, a 13.33% increase from 2023.
- Reliance average debt/equity ratio for 2023 was 0.15, a 21.05% decline from 2022.
- Reliance average debt/equity ratio for 2022 was 0.19, a 34.48% decline from 2021.
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.