Essential Utilities Debt/Equity Ratio 2010-2024 | WTRG
- Essential Utilities average debt/equity ratio for 2023 was 1.15, a 0% increase from 2022.
- Essential Utilities average debt/equity ratio for 2022 was 1.15, a 1.77% decline from 2021.
- Essential Utilities average debt/equity ratio for 2021 was 1.13, a 1.8% 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.