STERIS Debt/Equity Ratio 2010-2024 | STE
- STERIS average debt/equity ratio for 2023 was 0.5, a 6.38% decline from 2022.
- STERIS average debt/equity ratio for 2022 was 0.47, a 2.08% increase from 2021.
- STERIS average debt/equity ratio for 2021 was 0.48, a 41.18% 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.