Total Debt/Equity (%)

Metadata

  • Id: tot_debt_to_tot_eqy
  • Type: fundamentals
  • Subtype: ratios
  • Units: percentage
  • Decimal Points: 2
  • Currency Convertible: No

Description

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:
Debt to equity ratio = (Total debt / Shareholder equity) * 100
Where: - Total debt is R0036, short_and_long_term_debt - Shareholder equity is BS072, bs_total_equity