The statement of financial position as of December $31,2024,$ for Ivanhoe Corporation follows:

$($all amounts in thousands$)$

The company's management is evaluating a couple of options to finance the acquisition of new equipment with a cost of $$35$ million.

Your answer is incorrect.

Ivanhoe has a cash balance of $$21$ million as of December $31,2024.$ Determine the debt to equity ratio and net debt as a

percentage of total capitalization ratio. Assume that only the company's long$-$term liabilities are interest bearing. $($Round

answers to $2$ decimal places, e$.$g$.1\mathrm{.}25$:$1.)$

Debt to equity