The following is selected simplified information from Organic Caterings balance Sheet as at December 31, 2023 and December 31, 2024. (Round the final answer to two decimal places.) (Numbers in thousands) 2024 2023 Cash $ 6,501 $ 3,880 Accounts receivable 4,368 4,616 Notes receivable (current) 220 265 Inventories 123 137 Prepaid expenses and other (current) assets 190 695 Current liabilities 11,061 10,649 Total liabilities 31,376 31,980 Shareholders equity 45,964 56,700 Calculate the debt to equity ratio