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 2025-07-01 |
| Last Updated | 2026-01-09 11:57 AM CST |
| 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 | 92.313520741507670 |
| 1996-07-01 | 92.452461382419870 |
| 1996-10-01 | 87.534279459287050 |
| 1997-01-01 | 85.817292252958450 |
| 1997-04-01 | 82.417039914196650 |
| 1997-07-01 | 79.966073894675090 |
| 1997-10-01 | 76.304338769567050 |
| 1998-01-01 | 75.321183045365400 |
| 1998-04-01 | 76.511011935561290 |
| 1998-07-01 | 81.259629674401750 |
| 1998-10-01 | 77.509104702804990 |
| 1999-01-01 | 80.486066042872050 |
| 1999-04-01 | 79.919246363685840 |
| 1999-07-01 | 82.405093356264430 |
| 1999-10-01 | 76.419816945296970 |
| 2000-01-01 | 78.465755227516780 |
| 2000-04-01 | 79.889392560122330 |
| 2000-07-01 | 79.946182686848560 |
| 2000-10-01 | 81.772608021980560 |
| 2001-01-01 | 86.663074630066530 |
| 2001-04-01 | 85.938615258051290 |
| 2001-07-01 | 89.262228923820160 |
| 2001-10-01 | 92.784189353932020 |
| 2002-01-01 | 92.694902634897220 |
| 2002-04-01 | 95.347614460464090 |
| 2002-07-01 | 97.074505271887600 |
| 2002-10-01 | 97.550319265208070 |
| 2003-01-01 | 95.535333366257600 |
| 2003-04-01 | 91.752108480335660 |
| 2003-07-01 | 91.752856118983760 |
| 2003-10-01 | 84.383514286314170 |
| 2004-01-01 | 82.017820577385300 |
| 2004-04-01 | 79.800051404228370 |
| 2004-07-01 | 78.382985348114940 |
| 2004-10-01 | 76.077051007537690 |
| 2005-01-01 | 76.105435590370330 |
| 2005-04-01 | 75.964193722378750 |
| 2005-07-01 | 74.133309247673600 |
| 2005-10-01 | 72.314011096267660 |
| 2006-01-01 | 71.087238529545220 |
| 2006-04-01 | 70.949793805643050 |
| 2006-07-01 | 69.375323872690490 |
| 2006-10-01 | 67.127932575447520 |
| 2007-01-01 | 66.910024462055180 |
| 2007-04-01 | 65.518361700503650 |
| 2007-07-01 | 65.678662425770570 |
| 2007-10-01 | 67.750312619241500 |
| 2008-01-01 | 74.868158062774780 |
| 2008-04-01 | 76.536126008150060 |
| 2008-07-01 | 83.182901228741220 |
| 2008-10-01 | 95.440599530900640 |
| 2009-01-01 | 100.481153132561150 |
| 2009-04-01 | 103.981708842606680 |
| 2009-07-01 | 97.956344518198530 |
| 2009-10-01 | 97.960954400016900 |
| 2010-01-01 | 95.999247419350110 |
| 2010-04-01 | 97.346781099217000 |
| 2010-07-01 | 94.066735636042850 |
| 2010-10-01 | 101.890663336506070 |
| 2011-01-01 | 98.514972240398750 |
| 2011-04-01 | 99.485653342563070 |
| 2011-07-01 | 110.111502238821560 |
| 2011-10-01 | 107.295445196982730 |
| 2012-01-01 | 104.417800717164330 |
| 2012-04-01 | 107.378191924929280 |
| 2012-07-01 | 105.041597338897470 |
| 2012-10-01 | 105.976295162536940 |
| 2013-01-01 | 104.604445075199370 |
| 2013-04-01 | 104.949870104097980 |
| 2013-07-01 | 100.610042849989840 |
| 2013-10-01 | 97.978607943128140 |
| 2014-01-01 | 99.394929745142200 |
| 2014-04-01 | 95.686832773995010 |
| 2014-07-01 | 98.118528315332240 |
| 2014-10-01 | 100.354511100208680 |
| 2015-01-01 | 99.026838366693080 |
| 2015-04-01 | 100.533403639030780 |
| 2015-07-01 | 107.058602332915310 |
| 2015-10-01 | 107.972540976993780 |
| 2016-01-01 | 110.140953963604450 |
| 2016-04-01 | 108.929043782128060 |
| 2016-07-01 | 105.162968427304460 |
| 2016-10-01 | 106.335797541166560 |
| 2017-01-01 | 103.819563124011570 |
| 2017-04-01 | 97.568067302270170 |
| 2017-07-01 | 97.064647229167010 |
| 2017-10-01 | 92.892210142331760 |
| 2018-01-01 | 94.464397438390800 |
| 2018-04-01 | 95.367549822872530 |
| 2018-07-01 | 95.809254012618370 |
| 2018-10-01 | 103.695056900543160 |
| 2019-01-01 | 102.354007052645000 |
| 2019-04-01 | 99.106645406023280 |
| 2019-07-01 | 100.894167472935170 |
| 2019-10-01 | 100.324647681250900 |
| 2020-01-01 | 110.307747741917150 |
| 2020-04-01 | 104.995288154776770 |
| 2020-07-01 | 98.970141728390640 |
| 2020-10-01 | 91.259942561112720 |
| 2021-01-01 | 88.862607960090590 |
| 2021-04-01 | 84.468478596750570 |
| 2021-07-01 | 80.410287830102530 |
| 2021-10-01 | 77.961267899161060 |
| 2022-01-01 | 83.085826060687710 |
| 2022-04-01 | 90.022255608919180 |
| 2022-07-01 | 94.655250646258720 |
| 2022-10-01 | 93.146126634436140 |
| 2023-01-01 | 91.893841292716520 |
| 2023-04-01 | 90.138150798021330 |
| 2023-07-01 | 93.925804020170200 |
| 2023-10-01 | 93.980812023226060 |
| 2024-01-01 | 92.079159992049600 |
| 2024-04-01 | 91.062161730075000 |
| 2024-07-01 | 89.834460670642430 |
| 2024-10-01 | 91.090391005985770 |
| 2025-01-01 | 92.229743759087870 |
| 2025-04-01 | 89.760609168067530 |
| 2025-07-01 | 86.923491887137810 |