a$)$ CCL Industries Inc. reported the following measures for $2021$ and $2020$:

$20212020$

Debt to total assets $50\mathrm{.}9\%55\mathrm{.}3\%$

Times interest earned $13\mathrm{.}1$ times $10\mathrm{.}3$ times

Free cash flow $($in millions$)$ $$381$ $$488$

Instruction

Is CCL$$s solvency improving or deteriorating? Explain $(3$ marks$).$