• Viatris average debt/equity ratio for 2023 was 0.91, a 9% decline from 2022.
• Viatris average debt/equity ratio for 2022 was 1, a 5.66% decline from 2021.
• Viatris average debt/equity ratio for 2021 was 1.06, a 11.58% 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.