Pharoah Corporation develops and markets a harness in which a baby may be placed to bounce up and down. Pharoah is considering approaching the bond market to raise funds to support the expansion of its manufacturing facility in order to meet the growing demand for the baby harness. The following is an extract from Pharoah's statement of financial position: \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{ Current liabilities } \\ \hline Trade and other payables & $24,000 & $34,000 \\ \hline Current portion of warranty liability & 150,000 & 175,000 \\ \hline Current portion of long-term debt & 87,000 & 95,000 \\ \hline Total current liabilities & 261,000 & 304,000 \\ \hline \multicolumn{3}{|l|}{ Non-current liabilities } \\ \hline Long-term loan & 909,000 & 994,000 \\ \hline Deferred income tax liabilities & 60,000 & 63,000 \\ \hline Warranty liability & 603,000 & 702,000 \\ \hline Total non-current liabilities & 1,572,000 & 1,759,000 \\ \hline \multicolumn{3}{|l|}{ Shareholders' equity } \\ \hline Share capital & 1,287,000 & 1,287,000 \\ \hline Retained earnings & 576,000 & 446,000 \\ \hline Total shareholders' equity & 1,863,000 & 1,733,000 \\ \hline Total liabilities and shareholders' equity & $3,696,000 & $3,796,000 \\ \hline \end{tabular} Pharoah's management would like you to determine the company's debt to equity ratio and net debt as a percentage of capitalization ratio for 2023 and 2024 as it is considering approaching the bond market. (Round answers to 2 decimal places, e.g. 1.25:1.)