Please interpret the following three-year comparative financial ratios:

Total Liabilities divided by Total Equity Total Liabilities divided by Total Equity Debt-to-equity ratio 0.63 0.59 Total Liabilities Divide by: Total Equity Debt-to-equity ratio Total Liabilities divided by Total Equity Total Liabilities P 7,270,207,745 Divide by: Total Equity 12.414,922,778 Debt-to-equity ratio 0.59 2.07 P 8,404,068,168 13,370,938,647 0.63 Total Liabilities Divide by: Total Equity Debt-to-equity ratio P 5,536,827,107 2.678.603.864 2.07 Total Assets divided by Total Equity Assets-to-equity ratio Total Assets divided by Total Equity Total Assets P 21,775,006,815 Divide by: Total Equity 13,370.938.647 Assets-to-equity ratio 1.63 Total Assets divided by Total Equity Total Assets P 19,685,130,523 Divide by: Total Equity 12.414.922,778 Assets-to-equity ratio 1.63 1.59 3.07 Total Assets Divide by: Total Equity Assets-to-equity ratio P8,215,430.971 2.678.603.864 3.07 1.59