• Wolters Kluwer average debt/equity ratio for 2023 was 1.5, a 61.29% increase from 2022.
• Wolters Kluwer average debt/equity ratio for 2022 was 0.93, a 21.85% increase from 2021.
• Wolters Kluwer average debt/equity ratio for 2021 was 1.19, a 32.22% 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.