Question
For the fiscal year ending December 31, 2022, a companys total debt was $54.51 billion and total shareholder's equity was $81.45 billion. Based on these
For the fiscal year ending December 31, 2022, a companys total debt was $54.51 billion and total shareholder's equity was $81.45 billion. Based on these figures, the debt-to-equity ratio is .67.
What does this indicate? How easy can they secure additional financing?
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The debttoequity ratio is calculated by dividing total debt by total shareholders equity In this cas...
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
