# Novartis AG

Published by Stock Analysis on Net

Last updated: 2018-02-11 07:56:36

## Debt to Equity Ratio

2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|

## Selected Financial DataUSD in millions |
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Total debt | 23,802 | 21,931 | 20,411 | 18,018 |

Stockholders' equity | 74,891 | 77,122 | 70,844 | 74,472 |

## Ratio |
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Debt to equity ratio | 0.32 | 0.28 | 0.29 | 0.24 |

#### 2016 calculation:

Debt to equity ratio = Total debt ÷ Stockholders' equity

= 23,802 ÷ 74,891 = 0.32