Question
The bank has total assets of 967,151 and total liabilities of 902,027. The shareholder's equity is 65,124. all the amounts are in millions. the debt
The bank has total assets of 967,151 and total liabilities of 902,027. The shareholder's equity is 65,124. all the amounts are in millions. the debt to equity ratio will be 13.85. so, what does 13.85 mean?
This data is taken from a legit bank from its balance sheet but can debt to equity ratio be 13.85 for good banks?
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
