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canadian tire company long term debt ratio= long term debt/(long term debt +total equity)=0.4 2019 llong term debt ratio=0.42 1. Why this ratio might be

canadian tire company

long term debt ratio= long term debt/(long term debt +total equity)=0.4 2019

llong term debt ratio=0.42

1.

Why this ratio might be of interest to investors or creditors:

2.

Explanation of what the ratio means and what it is attempting to measure:

3.

On the basis of ratio #1, discuss whether the company is performing better or worse in the most recent fiscal year as compared to the prior fiscal year:

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