Digby has a leverage of 1.73 This means that: (Assume leverage is calculated as Assets/Equity) Select : 1 Save Answer $1.73 of assets is funded with $1.00 of equity and $0.73 of debt. $1.73 of assets is funded with $1.00 of debt and $0.73 of equity. Assets are funded with 73% debt. Assets are funded with 73% equity.