Robert Sampson owns a townhouse value at $186,000 and still has an unpaid mortgage of $151,000. In addition to his mortgage, he has the following liabilities:

Visa$760MasterCard390Discover card560Education loan2,300Personal bank loan750Auto loan5,000Total$9,760

Robert's net worth (not including his home) is about $40,000. This equity is in mutual funds, an automobile, a coin collection, furniture, and other personal property.

What is Robert's debt-to-equity ratio?(Round your answer to 2 decimal places.)