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Calculate the debt-to-assets ratio for Company Pfizer Inc., given its total debt of $51.18 billion and total assets of $217.39 billion. Explain the debt-to-assets ratio
Calculate the debt-to-assets ratio for Company Pfizer Inc., given its total debt of $51.18 billion and total assets of $217.39 billion. Explain the debt-to-assets 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-to-assets ratio in evaluating financial stability and capital structure decisions.
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