TIM S.A Debt/Equity Ratio 2010-2024 | TIMB
- TIM S.A average debt/equity ratio for 2023 was 0.53, a 5.36% decline from 2022.
- TIM S.A average debt/equity ratio for 2022 was 0.56, a 40% decline from 2021.
- TIM S.A average debt/equity ratio for 2021 was 0.4, a 14.29% 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.