Debt analysis$$Springfield Bank is evaluating Creek$$ Enterprises, which has requested a $ $4$ comma $470$ comma $000$loan$,$ to assess the$$ firm's financial leverage and financial risk. On the basis of the debt ratios for$$ Creek, along with the industry averages and$$ Creek's recent financial$$ statements, evaluate and recommend appropriate action on the loan request.

Industry averages

Creek Enterprises Income$$ Statement: LOADING...

Debt ratio

$0\mathrm{.}48$

Times interest earned ratio

$7\mathrm{.}52$

Creek Enterprises Balance$$ Sheet: LOADING...

$$Fixed$-$payment coverage ratio

$2\mathrm{.}04$