• Sasol average debt/equity ratio for 2023 was 0.54, a 1.82% increase from 2022.
• Sasol average debt/equity ratio for 2022 was 0.55, a 15.38% decline from 2021.
• Sasol average debt/equity ratio for 2021 was 0.65, a 27.78% 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.