• Ford Motor average debt/equity ratio for 2023 was 2.19, a 10.61% increase from 2022.
• Ford Motor average debt/equity ratio for 2022 was 1.98, a 23.85% increase from 2021.
• Ford Motor average debt/equity ratio for 2021 was 2.6, a 28.37% 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.