Sonoco Products Debt/Equity Ratio 2010-2024 | SON
- Sonoco Products average debt/equity ratio for 2023 was 1.26, a 9.35% decline from 2022.
- Sonoco Products average debt/equity ratio for 2022 was 1.39, a 113.85% decline from 2021.
- Sonoco Products average debt/equity ratio for 2021 was 0.65, a 15.58% 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.