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What is the ratio of Debt to Assets for Google as of December 31, 2022 (use far right column of numbers). Further, what does
What is the ratio of Debt to Assets for Google as of December 31, 2022 (use far right column of numbers). Further, what does this ratio tell us about the financial condition of Google? Click on this link to find the Google financial statements OR in the Content section go to Directions and Materials for Quiz Assignments. You may wish to download the financial statements. Google Financial Statements 2022 in Excel The ratio of debt to assets is 29.9%. This ratio tells us that the debt holders finance 29.9% of the assets of Google and Stockholders finance 70.1% of the assets. It has around $3.35 of assets for every $1 of debt. The ratio of debt to assets is 19.0%. This ratio tells us that Google is in excellent financial condition to pay its vendors and creditors. The ratio of debt to assets is 30%. This ratio tells us that Google is in a weak financial position to pay back its creditors. The ratio of debt to assets is 30.4%. This ratio tells us that the debt holders finance 30.4% of the assets of Google and Stockholders finance 69.6% of the assets. It has around $3.29 of assets for every $1 of debt.
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