• Suncor Energy average debt/equity ratio for 2024 was 0.24, a 4% decline from 2023.
• Suncor Energy average debt/equity ratio for 2023 was 0.25, a 21.88% decline from 2022.
• Suncor Energy average debt/equity ratio for 2022 was 0.32, a 20% decline from 2021.

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.