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Debt Management 2 0 2 2 2 0 2 1 2 0 2 0 1 0 0 , 0 9 6 ,

 

Debt Management

2022 2021 2020

 100,096,208,329   104,302,576,872   104,306,823,092 

 115,472,062,681   121,739,494,383   122,779,741,521 

Debt to equity ratio 0.87 0.86 0.85

The debt to equity ratio has been increasing slightly over the three years, indicating a higher reliance on debt financing compared to equity.

2022 2021 2020

 26,512,977,633   32,413,402,494   40,911,531,616 

 41,888,831,985   49,850,320,005   59,384,450,045 

Long Term Debt Capitalization Ratio 0.63 0.65 0.69

Profitability Ratios

2022 2021 2020

 7,292,982,756   9,851,351,243   10,249,940,789 

 16,926,761,310   17,510,572,538   15,892,057,474 

Gross Margin Percentage 0.43 0.56 0.64

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