I see. 
It looks like they carry around the same debt, just at a bigger percentage. 


Here in Europe, of course, there is also a different financing culture, which is based on the foundation of regional banks and lending, as seen in Germany. but years of zero interest rate policy have really made credit seem damn cheap in contrast to equity financing.

GhostofTruth

econ

European Companies Using Far More Debt Than American Peers

Wow, they have taken on a lot more debt. 
Is that years on the bottom?
They seem to have taken more debt throughout all time. 
Maybe they are missing something, or adding something to the euro debt? 
Because it seems to be on a similar scale to the US debt. 