You are rating the bonds of two companies. One is your own $($you are the CFO of your company$)$ and the other is your competitor. You calculated a variety of financial ratios for each of the two companies. You found that the equity multiplier is much higher for your company, the return on assets is much higher for your competitor. Also, the cash ratio, the quick ratio and the current ratio are higher for your competitor. Assume that everything else about the two companies is the same. Likewise the bond features are also the same. Is the following statement true or false?

"Based on the information provided above, you should rate your competitor's bonds higher than yours."