Table Data - Financial Soundness Indicator, Nonfinancial Corporations; Total Debt as a Percent of Equity, Level
| Title | Financial Soundness Indicator, Nonfinancial Corporations; Total Debt as a Percent of Equity, Level |
|---|---|
| Series ID | BOGZ1FL010000286Q |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Z.1 Financial Accounts of the United States |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Quarterly, End of Period |
| Units | Percent |
| Date Range | 1945-10-01 to 2026-01-01 |
| Last Updated | 2026-06-11 7:35 PM CDT |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1945-10-01 | 43.727716653516590 |
| 1946-01-01 | . |
| 1946-04-01 | . |
| 1946-07-01 | . |
| 1946-10-01 | 46.742428162203610 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 46.088820457084200 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 46.281125815910485 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 45.463164033013385 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 50.160017403805510 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 59.180095446662530 |
| 1952-01-01 | 57.568303150842670 |
| 1952-04-01 | 58.776965524912406 |
| 1952-07-01 | 60.107956225968650 |
| 1952-10-01 | 56.197495476875055 |
| 1953-01-01 | 53.370450001012806 |
| 1953-04-01 | 48.815720185138990 |
| 1953-07-01 | 47.510805013957600 |
| 1953-10-01 | 54.416550049737820 |
| 1954-01-01 | 57.479783398687175 |
| 1954-04-01 | 63.616389972409856 |
| 1954-07-01 | 74.834202097594670 |
| 1954-10-01 | 78.387948625615170 |
| 1955-01-01 | 80.404655088171280 |
| 1955-04-01 | 93.161740684192620 |
| 1955-07-01 | 102.671430311396200 |
| 1955-10-01 | 104.851487107774910 |
| 1956-01-01 | 110.039150535961880 |
| 1956-04-01 | 102.231520661937040 |
| 1956-07-01 | 96.323006331365150 |
| 1956-10-01 | 108.935794547473520 |
| 1957-01-01 | 96.774414992663270 |
| 1957-04-01 | 105.673658310367540 |
| 1957-07-01 | 90.086180288842170 |
| 1957-10-01 | 91.912158686613270 |
| 1958-01-01 | 97.611844543136670 |
| 1958-04-01 | 105.868849358175200 |
| 1958-07-01 | 126.308844441408600 |
| 1958-10-01 | 137.845532630605870 |
| 1959-01-01 | 140.737929037861480 |
| 1959-04-01 | 150.475714064747100 |
| 1959-07-01 | 142.974503177645520 |
| 1959-10-01 | 161.882003844788440 |
| 1960-01-01 | 142.299386048807550 |
| 1960-04-01 | 148.465319428797980 |
| 1960-07-01 | 128.455095593488800 |
| 1960-10-01 | 164.221400846450900 |
| 1961-01-01 | 204.279697356635130 |
| 1961-04-01 | 200.335514362466970 |
| 1961-07-01 | 209.795980223152530 |
| 1961-10-01 | 227.028339697293970 |
| 1962-01-01 | 220.764985288744470 |
| 1962-04-01 | 223.649676537025330 |
| 1962-07-01 | 219.289993526345570 |
| 1962-10-01 | 216.296122484894700 |
| 1963-01-01 | 211.040427209519040 |
| 1963-04-01 | 207.421772446118470 |
| 1963-07-01 | 203.182598974806400 |
| 1963-10-01 | 204.900617903996560 |
| 1964-01-01 | 197.356875825259600 |
| 1964-04-01 | 191.675986125064000 |
| 1964-07-01 | 187.933793425413200 |
| 1964-10-01 | 189.328900830335270 |
| 1965-01-01 | 185.089762795031760 |
| 1965-04-01 | 183.278623382457100 |
| 1965-07-01 | 178.852682263890330 |
| 1965-10-01 | 172.192556846494800 |
| 1966-01-01 | 170.081594483637400 |
| 1966-04-01 | 165.637830218616470 |
| 1966-07-01 | 166.240389997116700 |
| 1966-10-01 | 164.426029757317370 |
| 1967-01-01 | 158.792662894688800 |
| 1967-04-01 | 155.970694176680900 |
| 1967-07-01 | 151.590982217550800 |
| 1967-10-01 | 150.065563378968760 |
| 1968-01-01 | 149.829645878526070 |
| 1968-04-01 | 144.612035423021870 |
| 1968-07-01 | 143.434025214405950 |
| 1968-10-01 | 141.228164359430250 |
| 1969-01-01 | 139.528568401723300 |
| 1969-04-01 | 138.765009165706000 |
| 1969-07-01 | 138.057501044713750 |
| 1969-10-01 | 136.504235854437400 |
| 1970-01-01 | 135.299579055037580 |
| 1970-04-01 | 135.596285839533320 |
| 1970-07-01 | 132.875359638767830 |
| 1970-10-01 | 129.287954198912500 |
| 1971-01-01 | 123.947355400524440 |
| 1971-04-01 | 121.772506069770400 |
| 1971-07-01 | 119.155969013783800 |
| 1971-10-01 | 117.014600568737300 |
| 1972-01-01 | 112.492334139185990 |
| 1972-04-01 | 110.893818403735320 |
| 1972-07-01 | 109.684214772500640 |
| 1972-10-01 | 105.470497432504800 |
| 1973-01-01 | 104.693365562453080 |
| 1973-04-01 | 104.957015681270680 |
| 1973-07-01 | 102.592043214227810 |
| 1973-10-01 | 103.422293789167160 |
| 1974-01-01 | 100.204843581856120 |
| 1974-04-01 | 98.436508588805780 |
| 1974-07-01 | 96.264408560410760 |
| 1974-10-01 | 79.776070669369870 |
| 1975-01-01 | 101.976733039455970 |
| 1975-04-01 | 97.169831281947320 |
| 1975-07-01 | 98.566686947263200 |
| 1975-10-01 | 96.327984797157730 |
| 1976-01-01 | 93.843299842672560 |
| 1976-04-01 | 92.020351184562760 |
| 1976-07-01 | 91.822755341841500 |
| 1976-10-01 | 87.596488725714250 |
| 1977-01-01 | 87.570860057710970 |
| 1977-04-01 | 86.122512883383500 |
| 1977-07-01 | 86.087626730419740 |
| 1977-10-01 | 85.552991618555410 |
| 1978-01-01 | 85.920413721356040 |
| 1978-04-01 | 83.709918502022860 |
| 1978-07-01 | 81.622595171335870 |
| 1978-10-01 | 81.148807127759740 |
| 1979-01-01 | 80.567754471301950 |
| 1979-04-01 | 78.962129571248410 |
| 1979-07-01 | 77.885359457050630 |
| 1979-10-01 | 77.314490343015690 |
| 1980-01-01 | 78.514348799133770 |
| 1980-04-01 | 76.232643292933800 |
| 1980-07-01 | 75.269915947997960 |
| 1980-10-01 | 73.767239177577720 |
| 1981-01-01 | 75.884965678137180 |
| 1981-04-01 | 75.158938785159930 |
| 1981-07-01 | 76.903941607866780 |
| 1981-10-01 | 74.972574236586780 |
| 1982-01-01 | 75.200287148464720 |
| 1982-04-01 | 75.084091010034600 |
| 1982-07-01 | 74.352557182246390 |
| 1982-10-01 | 73.103966548148620 |
| 1983-01-01 | 72.020433146819980 |
| 1983-04-01 | 71.226039487348730 |
| 1983-07-01 | 72.659176784673900 |
| 1983-10-01 | 72.934667624048250 |
| 1984-01-01 | 77.527598508398980 |
| 1984-04-01 | 80.653483631410410 |
| 1984-07-01 | 80.131046337362820 |
| 1984-10-01 | 78.974929124935850 |
| 1985-01-01 | 81.092189501852670 |
| 1985-04-01 | 81.743590657837810 |
| 1985-07-01 | 84.790199135934840 |
| 1985-10-01 | 78.904479088844780 |
| 1986-01-01 | 76.712989670229480 |
| 1986-04-01 | 76.942308585329740 |
| 1986-07-01 | 80.820427025400690 |
| 1986-10-01 | 79.860338998078490 |
| 1987-01-01 | 76.663730555833030 |
| 1987-04-01 | 76.447404486202970 |
| 1987-07-01 | 75.823713969576090 |
| 1987-10-01 | 83.727566161611390 |
| 1988-01-01 | 84.852828385950970 |
| 1988-04-01 | 84.758164383978650 |
| 1988-07-01 | 85.734540404427690 |
| 1988-10-01 | 87.322624502177150 |
| 1989-01-01 | 86.572250501078330 |
| 1989-04-01 | 86.822962601288210 |
| 1989-07-01 | 86.659653871427550 |
| 1989-10-01 | 87.400610430397660 |
| 1990-01-01 | 89.901122075690720 |
| 1990-04-01 | 88.932409121560140 |
| 1990-07-01 | 93.240331656835560 |
| 1990-10-01 | 94.726538052250970 |
| 1991-01-01 | 92.806721913490210 |
| 1991-04-01 | 93.533723112890600 |
| 1991-07-01 | 95.294791578859590 |
| 1991-10-01 | 94.878197750813310 |
| 1992-01-01 | 103.586080020032640 |
| 1992-04-01 | 104.400482502660140 |
| 1992-07-01 | 106.159102448987780 |
| 1992-10-01 | 108.271836895212470 |
| 1993-01-01 | 108.537208630535760 |
| 1993-04-01 | 108.964179507845590 |
| 1993-07-01 | 108.121650218296280 |
| 1993-10-01 | 104.638162053009250 |
| 1994-01-01 | 105.700514910978740 |
| 1994-04-01 | 104.440458007333760 |
| 1994-07-01 | 101.494579440405200 |
| 1994-10-01 | 99.885218586126210 |
| 1995-01-01 | 98.023798128088160 |
| 1995-04-01 | 95.919114491738810 |
| 1995-07-01 | 94.665536803465610 |
| 1995-10-01 | 92.684761731252420 |
| 1996-01-01 | 92.602008789822450 |
| 1996-04-01 | 92.265438282637290 |
| 1996-07-01 | 92.332342795790080 |
| 1996-10-01 | 87.522456956168710 |
| 1997-01-01 | 85.809146516819700 |
| 1997-04-01 | 82.358165207764170 |
| 1997-07-01 | 79.925936890413030 |
| 1997-10-01 | 76.299850755367500 |
| 1998-01-01 | 75.284848992495980 |
| 1998-04-01 | 76.469444764140970 |
| 1998-07-01 | 81.227618752895340 |
| 1998-10-01 | 77.472099605234360 |
| 1999-01-01 | 80.477826624397370 |
| 1999-04-01 | 79.869236468323300 |
| 1999-07-01 | 82.348095672761020 |
| 1999-10-01 | 76.413719014285870 |
| 2000-01-01 | 78.440272282405120 |
| 2000-04-01 | 79.965444931885200 |
| 2000-07-01 | 79.997268372324940 |
| 2000-10-01 | 81.730727264936190 |
| 2001-01-01 | 86.598479543618860 |
| 2001-04-01 | 85.886493221663980 |
| 2001-07-01 | 89.235606627031840 |
| 2001-10-01 | 92.695654039676400 |
| 2002-01-01 | 92.626454438884320 |
| 2002-04-01 | 95.137170077530370 |
| 2002-07-01 | 96.996937389960450 |
| 2002-10-01 | 97.486017656631200 |
| 2003-01-01 | 95.484149522380240 |
| 2003-04-01 | 91.761748446489500 |
| 2003-07-01 | 91.689507685691520 |
| 2003-10-01 | 84.382343195167540 |
| 2004-01-01 | 81.986942557622100 |
| 2004-04-01 | 79.811477860009260 |
| 2004-07-01 | 78.353574814184510 |
| 2004-10-01 | 76.047003959548660 |
| 2005-01-01 | 76.068381389905040 |
| 2005-04-01 | 75.918812711891770 |
| 2005-07-01 | 74.089860323107470 |
| 2005-10-01 | 72.242773085353850 |
| 2006-01-01 | 70.929074162613930 |
| 2006-04-01 | 70.848170548352210 |
| 2006-07-01 | 69.334424314663550 |
| 2006-10-01 | 67.061057973837730 |
| 2007-01-01 | 66.897924596647030 |
| 2007-04-01 | 65.480332020962420 |
| 2007-07-01 | 65.585131738017750 |
| 2007-10-01 | 67.591919723631380 |
| 2008-01-01 | 74.742852193323610 |
| 2008-04-01 | 76.533031946129240 |
| 2008-07-01 | 83.097154297590320 |
| 2008-10-01 | 95.410850137292930 |
| 2009-01-01 | 100.301777854912590 |
| 2009-04-01 | 103.943546533247560 |
| 2009-07-01 | 98.090665742698590 |
| 2009-10-01 | 97.915395941059880 |
| 2010-01-01 | 95.837462740640770 |
| 2010-04-01 | 97.262963536708540 |
| 2010-07-01 | 94.081552920244860 |
| 2010-10-01 | 101.590301684858130 |
| 2011-01-01 | 98.654009984721410 |
| 2011-04-01 | 99.594237695408150 |
| 2011-07-01 | 109.851140940901000 |
| 2011-10-01 | 106.962129802837150 |
| 2012-01-01 | 104.280093277662500 |
| 2012-04-01 | 107.297125567382600 |
| 2012-07-01 | 104.899955968327760 |
| 2012-10-01 | 105.887350722016360 |
| 2013-01-01 | 104.555593082806400 |
| 2013-04-01 | 104.701956320650140 |
| 2013-07-01 | 100.482609715923910 |
| 2013-10-01 | 97.850246388600610 |
| 2014-01-01 | 99.340837588141950 |
| 2014-04-01 | 95.603280374288670 |
| 2014-07-01 | 97.986305080464730 |
| 2014-10-01 | 100.165707969380800 |
| 2015-01-01 | 98.925029134895130 |
| 2015-04-01 | 100.095175351085790 |
| 2015-07-01 | 106.622931392254200 |
| 2015-10-01 | 107.727162423399320 |
| 2016-01-01 | 110.115203153424160 |
| 2016-04-01 | 108.912271180547520 |
| 2016-07-01 | 105.047747391658560 |
| 2016-10-01 | 106.102706668942280 |
| 2017-01-01 | 103.670179082404450 |
| 2017-04-01 | 97.496938095140890 |
| 2017-07-01 | 97.148807543432480 |
| 2017-10-01 | 92.921258107718070 |
| 2018-01-01 | 94.450437754457920 |
| 2018-04-01 | 95.331276208873860 |
| 2018-07-01 | 95.835481842580240 |
| 2018-10-01 | 103.421219386392400 |
| 2019-01-01 | 102.397764871013900 |
| 2019-04-01 | 99.160748748825850 |
| 2019-07-01 | 100.950650753759300 |
| 2019-10-01 | 100.324086400029560 |
| 2020-01-01 | 110.563301514934680 |
| 2020-04-01 | 105.378390394249600 |
| 2020-07-01 | 99.277676591729730 |
| 2020-10-01 | 91.356117610448930 |
| 2021-01-01 | 89.213540144904260 |
| 2021-04-01 | 84.782902721010660 |
| 2021-07-01 | 80.760170393412250 |
| 2021-10-01 | 78.399947310082270 |
| 2022-01-01 | 83.424325547179150 |
| 2022-04-01 | 90.577629672024100 |
| 2022-07-01 | 95.174045716736160 |
| 2022-10-01 | 93.720636654653860 |
| 2023-01-01 | 92.238402435259160 |
| 2023-04-01 | 90.561099917899480 |
| 2023-07-01 | 94.371211789248830 |
| 2023-10-01 | 94.146287868803980 |
| 2024-01-01 | 92.213487079230230 |
| 2024-04-01 | 91.399178020953510 |
| 2024-07-01 | 89.897833030495150 |
| 2024-10-01 | 90.546643848978690 |
| 2025-01-01 | 91.545407692077150 |
| 2025-04-01 | 88.810706461803390 |
| 2025-07-01 | 84.625346882898680 |
| 2025-10-01 | 83.975431855559300 |
| 2026-01-01 | 83.485661241958230 |