Name: Debt to Equity

Definition: Debt to equity shows how much debt the company uses compared to the amount invested by its owners. It’s a bit like comparing your mortgage to your house down payment. Higher ratios suggest the business is comfortable borrowing to grow — which can boost returns in good times, but adds risk if conditions worsen. Lower ratios signal a more conservative, steady approach.

Interpretation:
• In '2023', CRWV's debt to equity was -3.35, showing the balance between debt financing and shareholders' equity. Industry average for Computer Software: Prepackaged Software in '2023' stood at 0.31.
• In '2024', CRWV's debt to equity was -25.68, showing the balance between debt financing and shareholders' equity. The decrease since '2023' reflects improving financial health. Industry average for Computer Software: Prepackaged Software in '2024' stood at 0.29. Industry average declined by 0.02 from previous year.
Overall, CRWV's debt to equity has been volatile but showed a downward trend over the past 2 years.

Formula: Debt to Equity = Total Debt / Shareholders' Equity

Good Range: Below 1.0 is conservative; 1-2 is common depending on industry.