At the beginning of the current year, Snell Company's total assets were $258,000 and its total liabilities were $179,200. During the year, the company reported total revenues of $103,000, total expenses of $81,000, and owner withdrawals of $10,000. There were no other changes in owner's capital during the year and total assets at the end of the year were $270,000. What is the company's debt ratio at the end of the current year?