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The following selected information (in thousands) is available for Wildhorse Inc.: 2021 2020 Total assets $3,883 $3,744 Total liabilities 2,178 1,965 Interest expense 31 15

The following selected information (in thousands) is available for Wildhorse Inc.:

2021 2020
Total assets $3,883 $3,744
Total liabilities 2,178 1,965
Interest expense 31 15
Income tax expense 175 146
Profit 401 390
Cash provided by operating activities 929 588
Cash used by investing activities 481 307

Calculate the following solvency ratios of Wildhorse Inc. for 2021 and 2020. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%.)

2021 2020
Debt to total assets % %
Free cash flow $ $
Interest coverage times times

Indicate whether each of the solvency ratios calculated in part (a) is better or worse in 2021.

Debt to total assets Better /Worse
Free cash flow Better /Worse
Interest coverage Worse /Better

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