Q. If Financial Leverage Ratios of a firm is as follow, Identify the problem critically with an insightful problem statement listing substantial relevant contextual factors.

Formula Years Leverage Ratios Workings 2020 Total Debt Ratio Total Debt Ratio=09.627-4,873) 9,627 Total Debt Ratio = 0.49% Total Debt Ratio= Total Debt (total asset-total equity) /Total Assets 2019 Total Debt Ratio = (0,452-4,748)9,452 Total Debt Ratio = 0.49% 2018 Total Debt Ratio=(8,541-4,571)/8,541 Total Debt Ratio = 0.46% 2017 Total Debt Ratio=(8.426-4835)/8,426 Total Debt Ratio =0.43% Formula Years Leverage Ratios Workings Debt to equity Ratio 2020 Debt to Equity Ratio = Total Debt (total asset-total equity) / Total Equity 2019 Debt to Equity Ratio = 0,627-4,873) 4,873 Total Debt Ratio = 0.97% Debt to Equity Ratio = (0,452-4,748) 4,748 Total Debt Ratio = 0.99% Debt to Equity Ratio = (8,541-4,571) 4,571 Total Debt Ratio = 0.87% 2018 2017 Debt to Equity Ratio = (8,426-4,835) 4,835 Total Debt Ratio=0.74% Leverage Ratios Formula Years Workings 2020 Equity Multiplier Ratio Equity Multiplier Ratio = Total Asset/Total Equity Equity Multiplier Ratio = 9,62774,873 Total Debt Ratio = 1.98 2019 Equity Multiplier Ratio = 9,452/4,748 Total Debt Ratio = 1.99 Equity Multiplier Ratio = 8,541/4,571 Total Debt Ratio - 1.87 2018 2017 Equity Multiplier Ratio = 8,426/4,835 Total Debt Ratio - 1.74