Debt to Asset Ratio: How to Calculate, Formula & More
In general, a ratio around 0.3 to 0.6 is where many investors will feel comfortable, though a company’s specific situation may yield different results. The main use of debt-to-asset ratio is to measure a company’s financial leverage. This means 46.67% of ABC Corp’s assets are financed by debt, indicating a moderate level of financial leverage. […]
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