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(Debt to equity, debt as a percentage of total capitalization, and interest coverage) The following financial information relates to Artscan Enterprises Inc. (amounts in thousands):

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(Debt to equity, debt as a percentage of total capitalization, and interest coverage) The following financial information relates to Artscan Enterprises Inc. (amounts in thousands): 2018 2019 2020 $1,737 140 $2,625 335 Income before depreciation, amortization, interest, and taxes Interest expense Cash Current liabilities (does not include any debt) Bank loan payable (all long-term) Shareholders' equity $3,470 453 209 46 113 656 1,870 4,124 793 3,640 5,530 1,135 4,420 7,896 (a) Calculate the debt to equity, net debt as a percentage of total capitalization, and interest coverage ratios. (Round answers to 1 decimal place, e.g. 18.4 or 15.3%.) Net debt as a percentage of total capitalization Debt to equity ratio Interest coverage 2018 61.3 % 38.0 % 12.4 times 2019 80.2 % 44.5 % 7.8 times 2020 70.4 % 41.3 % 7.7 times

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