Sumitomo Mitsui Financial Group Inc Debt/Equity Ratio 2010-2024 | SMFG
- Sumitomo Mitsui Financial Group Inc average debt/equity ratio for 2023 was 2.08, a 16.13% decline from 2022.
- Sumitomo Mitsui Financial Group Inc average debt/equity ratio for 2022 was 2.48, a 2.06% decline from 2021.
- Sumitomo Mitsui Financial Group Inc average debt/equity ratio for 2021 was 2.43, a 1.22% 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.