Dept. ratio = total liabilities / total liabilities and stockholder equity

2016	2015
311,687/ (311,687 + 619,503) = 33.47%	296,555/ (296,555 + 490,925) = 37.65%

Dept./equity ratio = total liabilities/total stockholders equity

2016	2015
311,687/619,503 = 50.31%	296,555/490,925 = 60.41%

Based on the results of your analysis above, assess the company's overall leverage position. Assume the following industry averages for both years:

2016 debt ratio = .47 and debt/equity ratio = 0.93

2015 debt ratio = .57 and debt/equity ratio = 1.47 Defend your answer.