In the following questions, use the balance sheet and the income statements of Walmart shown below.

At the end of 2019, Walmart had 2,832 million shares outstanding with a share price of $94. The company's weighted-average cost of capital was about 5%. Assume the corporate tax rate was 21%.

What was Walmart's total debt ratio in 2019? (enter a value with two decimal places)

Liabilities and Shareholders' Equity Current liabilities Accounts payable Other current liabilities Total current liabilities Long-term debt Other long-term liabilities Total liabilities Total shareholders' equity Total liabilities and shareholders' equity \begin{tabular}{rrr} $46,973 & & $47,060 \\ 30,817 & 30,417 \\ \hline$77,790 & & $77,477 \\ 43,714 & & 43,520 \\ 33,439 & & 18,664 \\ \hline$154,943 & $139,661 \\ 81,552 & & 79,634 \\ \hline$236,495 & & $219,295 \end{tabular} Income Statement Net sales Cost of goods sold Selling, general, and administrative expenses Depreciation $523,964394,60597,80410,9872,147$22,7152,599$20,1164,915$15,201