SM Energy Debt/Equity Ratio 2010-2024 | SM
- SM Energy average debt/equity ratio for 2023 was 0.47, a 28.79% increase from 2022.
- SM Energy average debt/equity ratio for 2022 was 0.66, a 46.77% decline from 2021.
- SM Energy average debt/equity ratio for 2021 was 1.24, a 12.73% 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.