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Lei Materials' balance sheet lists total assets of $ 1.46 billion, $ 149 million in current liabilities, $ 468 million in long-term debt, $ 843
Lei Materials' balance sheet lists total assets of
$ 1.46
billion,
$ 149
million in current liabilities,
$ 468
million in long-term debt,
$ 843
million in common equity, and
51
million shares of common stock. If Lei's current stock price is
$ 47.12
,
what is the firm's market-to-book ratio?
The market-to-book ratio is
nothing
.
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