**Id:**`tot_debt_to_tot_eqy`

**Type:**`fundamentals`

**Subtype:**`ratios`

**Units:**`percentage`

**Decimal Points:**`2`

**Currency Convertible:**`No`

Debt to equity ratio is a measure of a company’s financial leverage or how much it relies on debt to finance its assets. It shows how much of a company’s total debt is matched by its shareholder equity. It is calculated by dividing the total debt by the shareholder equity. It is reported as a percentage. The formula for debt to equity ratio is:
Where:
- Total debt is R0036, short_and_long_term_debt
- Shareholder equity is BS072, bs_total_equity

`Debt to equity ratio = (Total debt / Shareholder equity) * 100`