SSAB Debt/Equity Ratio 2017-2024 | SSAAY
- SSAB average debt/equity ratio for 2023 was 0.09, a 0% decline from 2022.
- SSAB average debt/equity ratio for 2022 was 0.09, a 40% decline from 2021.
- SSAB average debt/equity ratio for 2021 was 0.15, a 11.76% 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.