Analyze and Interpret the companys performance in related to the following long term ratios and explain what does it mean for the firm (take into consideration the 3 years performance):

Total Liabilities Shareholders Equity Debt/Equity Ratio 2017 461,362 1,838,565 0.25 2018 523,099 1,502,000 0.34 2019 356,631 1,428,379 0.24 Total Liabilities Total Assets Debt Ratio 2017 461,362 2,299,927 0.20 2018 523,099 2,025,099 0.25 2019 356,631 1,785,010 0.19 2017 461,362 1,838,565 2018 523,099 1,502,000 Total Liabilities Shareholders Equity Intangible Assets Debt to Tangible net worth ratio 2019 356,631 1,428,379 3,000 0.25 0.25 0.34 2017 17,117 2018 30,512 2019 8,229 Operating Income + Depreciation Interest Times Interest Earned Ratio 16,854 1.01 20,985 1.45 17,934 0.45