Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ratio Analysis - critical analysis and discussion with proper use of concepts and principles. 3.4 Debt Management Ratio Types Debt to Equity Ratio = Long

Ratio Analysis - critical analysis and discussion with proper use of concepts and principles.image text in transcribed

3.4 Debt Management Ratio Types Debt to Equity Ratio = Long term loan Shareholders Funds X 100% 2019('000) 19,071,117 X 100% 12,870,662 =148.175% 2020('000) 20,153,160 X 100% 12,042,754 =167.347% Debt Ratio Total debts X 100% Total Assets 33,402,316 x 100% 46,272,978 35,095,381 x 100% 47,138,135 =72.185% =74.452% Figure 3.4 Debt Management Ratio calculation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting An Introduction

Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan

5th Edition

0273733206, 978-0273733201

More Books

Students also viewed these Accounting questions