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Calculate the debt ratio for Company Pfizer Inc., given its total liabilities of $81.94 billion and total assets of $254.63 billion. Explain the debt ratio

Calculate the debt ratio for Company Pfizer Inc., given its total liabilities of $81.94 billion and total assets of $254.63 billion. Explain the debt ratio as a measure of a company's financial leverage and risk, indicating the proportion of assets financed by debt relative to total assets. Discuss the significance of a high or low debt ratio in evaluating financial stability and capital structure decisions.

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