• Southwestern Energy average debt/equity ratio for 2023 was 0.64, a 72.53% increase from 2022.
• Southwestern Energy average debt/equity ratio for 2022 was 2.33, a 36.26% decline from 2021.
• Southwestern Energy average debt/equity ratio for 2021 was 1.71, a 59.86% 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.