Answered step by step
Verified Expert Solution
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.
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 calculationStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started