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 Data

USD in millions

Total debt 23,802 21,931 20,411 18,018
Stockholders' equity 74,891 77,122 70,844 74,472

Ratio

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