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Compare and contrast the debt-to-asset ratios and the price-to-earnings ratios of the four companies Do you see any pattern in the relationship between debt-to-asset ratio

Compare and contrast the debt-to-asset ratios and the price-to-earnings ratios of the four companies Do you see any pattern in the relationship between debt-to-asset ratio and price-to-earnings ratio (e.g., higher debt-to-asset ratio, lower price-to-earnings ratio or vice versa)?

As of 12/31/2019 Company 1 Company 2 Company 3 Company 4
Market Cap $ 190,918,000,000 $ 211,928,000,000 $ 40,450,000,000 $ 338,939,000,000
P/E Ratio 27.36 25.55 31.59 44.26
Long Term Debt 29,148,000 $ 27,516,000 $ 12,827,000 $ 23,132,000
Debt to Asset Ratio 0.00015265 0.00012982 0.000317007 0.00006824
Debt to Asset Ratio % 0.015% 0.013% 0.032% 0.007%

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